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Historic Tax Credit Growth and Opportunity Act of 2025

5/9/2025, 11:03 AM

Summary of Bill S 1459

This bill, designated as S. 1459 in the 119th Congress, aims to amend the Internal Revenue Code of 1986 with a primary focus on enhancing the historic rehabilitation tax credit. Introduced on April 10, 2025, the bill likely includes provisions to modify and strengthen existing tax incentives related to historic preservation efforts within the United States. For more detailed information, the official PDF version of the bill can be accessed using the provided URL.

Current Status of Bill S 1459

Bill S 1459 is currently in the status of Bill Introduced since April 10, 2025. Bill S 1459 was introduced during Congress 119 and was introduced to the Senate on April 10, 2025.  Bill S 1459's most recent activity was Read twice and referred to the Committee on Finance. as of April 10, 2025

Bipartisan Support of Bill S 1459

Total Number of Sponsors
7
Democrat Sponsors
0
Republican Sponsors
7
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
5
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1459

Primary Policy Focus

Alternate Title(s) of Bill S 1459

A bill to amend the Internal Revenue Code of 1986 to improve the historic rehabilitation tax credit, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to improve the historic rehabilitation tax credit, and for other purposes.

Comments

Kaylani Grimes profile image

Kaylani Grimes

534

7 months ago

Hey y'all, what do y'all think about this new bill? How will it affect us? #confused

Kaysen Woodward profile image

Kaysen Woodward

434

7 months ago

I think this bill is a good idea because it helps improve the historic rehabilitation tax credit. It could benefit a lot of people and communities. I hope it gets passed soon!

Jamari Byrd profile image

Jamari Byrd

402

7 months ago

I don't get why they're pushing this bill. It just seems like another way for them to mess with our money. How is this supposed to help anyone in the long run? What's the real goal here?