HR 2941 · 119th Congress

Historic Tax Credit Growth and Opportunity Act of 2025

This bill makes it easier and more rewarding for people and businesses to restore historic buildings. Right now, when someone rehabilitates a historic structure, they can claim a tax credit worth 20% of what they spent on the work—but they have to spread that credit over several years. This bill lets them claim the…

Sponsor

LaHood, Darin (R-Illinois)

Introduced

2025-04-17

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.