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Report on Historic Preservation Tax Incentives and Affordable Housing.

This bill directs the Secretary of Interior to submit a report to Congress on the interpretation and application of rehabilitation standards for the Federal Historic Preservation Tax Incentives program. The report aims to identify ways to improve the program, remove barriers to affordable housing development, and ensure historic properties are protected. This could make it easier for citizens to utilize tax incentives for historic property renovations and potentially increase the availability of affordable housing.
Key points
Requires a report on the Federal Historic Preservation Tax Incentives program to be submitted within one year of the Act's enactment.
The report will include data on application processing times, denials, and approvals over the past 10 years.
It will identify improvements to facilitate conversion of non-residential buildings into housing, address hazards, and promote energy efficiency and accessibility.
The goal is to remove barriers to affordable housing development while safeguarding historic preservation.
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Additional Information
Print number: 118_HR_10116
Sponsor: Rep. Magaziner, Seth [D-RI-2]
Process start date: 2024-11-12
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10116.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-11-12.

What are the main provisions?

Key points include:

  • Requires a report on the Federal Historic Preservation Tax Incentives program to be submitted within one year of the Act's enactment.
  • The report will include data on application processing times, denials, and approvals over the past 10 years.
  • It will identify improvements to facilitate conversion of non-residential buildings into housing, address hazards, and promote energy efficiency and accessibility.
  • The goal is to remove barriers to affordable housing development while safeguarding historic preservation.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Magaziner, Seth [D-RI-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Taxes Real Estate Public Investments