Summary: H.R.3690 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.3690. Bill summaries are authored by CRS.

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Introduced in House (09/06/2017)

Preserving America's Downtowns and Heritage Act of 2017

This bill amends the Internal Revenue Code to: (1) increase the rate of the rehabilitation tax credit for commercial buildings and for certified historic structures, and (2) allow a new 20% rehabilitation tax credit for certified historic buildings used by a taxpayer as a principal residence.