HR 419 · 118th Congress

Revitalizing Downtowns Act

<p><strong>Revitalizing Downtowns Act</strong></p> <p>This bill expands the investment tax credit to add a qualified office conversion credit. The amount of such credit is 20% of the qualified conversion expenditures with respect to a qualified converted building. The bill defines <em>qualified converted building</…

Sponsor

Gomez, Jimmy (D-CA)

Introduced

2023-01-20

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.