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H.R. 6175

BillFederalHouseIn Committee
REHAB Act of 2020
About This Bill
Committee
Latest Action · March 10, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
March 10, 2020
Cosponsors (4)
2D 2R
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Summary

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Revitalizing Economies, Housing, And Businesses Act of 2020 or the REHAB Act of 2020 This bill modifies provisions relating to the rehabilitation tax credit. Specifically, the bill allows an increased 15% credit for non-historic buildings placed in service 50 years prior to the current calendar year. It also allows the credit for buildings within a half-mile of public transportation facilities, for residential lodging purposes, and for expenses related to building expansion on the same block as a qualified rehabilitation building. The bill allows a 25% credit for rent-restricted housing units and for expenses related to public infrastructure projects required by state or local governments as a condition of project completion.

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