To direct the Secretary of Interior to submit to Congress a report on the National Park Service's interpretation and application of the Standards for Rehabilitation for use of the Federal Historic Preservation Tax Incentives program.

Bill 119 hr 2448, also known as the "National Park Service Standards for Rehabilitation Report Act," aims to address concerns regarding the National Park Service's interpretation and application of the Standards for Rehabilitation in relation to the Federal Historic Preservation Tax Incentives program. The bill directs the Secretary of the Interior to submit a report to Congress that outlines how the National Park Service is currently interpreting and applying these standards.

The Federal Historic Preservation Tax Incentives program provides tax incentives for the rehabilitation of historic buildings, with the goal of preserving the nation's cultural heritage. However, there have been concerns raised about inconsistencies in how the National Park Service is implementing the Standards for Rehabilitation, which are the guidelines used to determine eligibility for the tax incentives.

The report required by this bill will provide Congress with a comprehensive overview of how the National Park Service is currently interpreting and applying the Standards for Rehabilitation. This information will help Congress better understand any potential issues or challenges with the program and allow for informed decision-making on how to improve its effectiveness. Overall, Bill 119 hr 2448 seeks to ensure transparency and accountability in the administration of the Federal Historic Preservation Tax Incentives program by requiring a detailed report on the National Park Service's interpretation and application of the Standards for Rehabilitation.