0
0

Rehabilitation of Historic Schools Act of 2023

12/15/2023, 3:57 PM

Summary of Bill HR 3181

Bill 118 hr 3181, also known as the Rehabilitation of Historic Schools Act of 2023, aims to provide funding and support for the restoration and preservation of historic schools across the United States. The bill recognizes the importance of these historic buildings in our communities and seeks to ensure that they are maintained for future generations.

Under this legislation, grants will be made available to school districts and other entities for the rehabilitation of historic schools. These funds can be used for a variety of purposes, including structural repairs, energy efficiency upgrades, and the preservation of historic features.

In addition to providing financial assistance, the bill also establishes a National Historic Schools Advisory Council to oversee the implementation of the program. This council will be responsible for evaluating grant applications, providing technical assistance to grantees, and ensuring that the funds are used effectively. Overall, the Rehabilitation of Historic Schools Act of 2023 represents a bipartisan effort to preserve our nation's historic schools and ensure that they continue to serve as valuable community assets. By investing in the restoration of these buildings, we can honor our past while also creating a better future for our children.

Congressional Summary of HR 3181

Rehabilitation of Historic Schools Act of 2023

This bill allows rehabilitation expenditures for public school buildings to qualify for the rehabilitation tax credit.

Current Status of Bill HR 3181

Bill HR 3181 is currently in the status of Bill Introduced since May 10, 2023. Bill HR 3181 was introduced during Congress 118 and was introduced to the House on May 10, 2023.  Bill HR 3181's most recent activity was Referred to the House Committee on Ways and Means. as of May 10, 2023

Bipartisan Support of Bill HR 3181

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
8
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3181

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3181

Rehabilitation of Historic Schools Act of 2023
Rehabilitation of Historic Schools Act of 2023
To amend the Internal Revenue Code of 1986 to allow rehabilitation expenditures for public school buildings to qualify for rehabilitation credit.

Comments