To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit to allow such credit to be taken in one taxable year.
USA118th CongressHR-5882| House
| Updated: 10/25/2023
Mike Carey
Republican Representative
Ohio
Cosponsors (1)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill allows the full amount of the 20% rehabilitation tax credit to be taken in one taxable year (currently, spread over five years).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit to allow such credit to be taken in one taxable year.
USA118th CongressHR-5882| House
| Updated: 10/25/2023
This bill allows the full amount of the 20% rehabilitation tax credit to be taken in one taxable year (currently, spread over five years).
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Mike Carey
Republican Representative
Ohio
Cosponsors (1)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted