HR2941Referred to Committee

Historic Tax Credit Growth and Opportunity Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-04-17
Introduced
46
Cosponsors
HR
Type

Sponsor

Darin LaHood
Darin LaHood
Republican · IL · Representative
Votes with party: 98.6% (516 recorded votes)

Full profile: /officials/L000585

Source: Congress.gov · FEC

Cosponsors (46)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-04-17

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would expand tax credits that encourage private investment in restoring historic buildings, making it easier and more profitable for developers and property owners to rehabilitate older structures instead of demolishing them. The changes would likely increase the financial incentives available to companies and individuals undertaking historic preservation projects, potentially spurring more renovation activity in communities across the country. Historic preservation workers, construction companies, and real estate developers would be the primary beneficiaries of these expanded tax benefits.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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