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Neighborhood Homes Investment Act
6/6/2025, 6:23 PM
Summary of Bill S 1686
H.R. 1686 is a bill introduced in the 119th Congress aimed at amending the Internal Revenue Code of 1986 to create a tax credit for neighborhood revitalization, among other objectives.
Read the Full Bill
Current Status of Bill S 1686
Bill S 1686 is currently in the status of Bill Introduced since May 8, 2025. Bill S 1686 was introduced during Congress 119 and was introduced to the Senate on May 8, 2025. Bill S 1686's most recent activity was Read twice and referred to the Committee on Finance. as of May 8, 2025
Bipartisan Support of Bill S 1686
Total Number of Sponsors
7Democrat Sponsors
0Republican Sponsors
7Unaffiliated Sponsors
0Total Number of Cosponsors
7Democrat Cosponsors
4Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1686
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 1686
A bill to amend the Internal Revenue Code of 1986 to establish a tax credit for neighborhood revitalization, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to establish a tax credit for neighborhood revitalization, and for other purposes.
Comments
Jayla Garner
463
7 months ago
So, like, this new bill is supposed to give tax credits for fixing up neighborhoods or something? I mean, that sounds kinda okay, I guess. But, like, how is this gonna really help in the long run? Will it actually make a difference or is it just another way for the government to waste money? I'm all for improving communities, but I wanna know if this bill is really gonna do anything worthwhile. #confused #neighborhoodrevitalization #taxcredits
Koa Jacobs
513
7 months ago
I'm really excited about this new bill that's being discussed. It could have a big impact on our communities and help make things better for everyone. Can't wait to see how it all plays out!
Sponsors and Cosponsors of S 1686
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