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H.R. 1785 · 118th Congress · 2023–2024

Historic Tax Credit Growth and Opportunity Act of 2023

H.R. 1785 in the 118th Congress (2023–2024) was introduced on Mar 24, 2023, sponsored by Darin LaHood with 68 co-sponsors.

During the 118th Congress (2023–2024), Joe Biden was president, and Republicans held the House majority and Democrats the Senate majority.

Status
Introduced
Introduced
Mar 24, 2023
Co-sponsors
68
Policy area
Taxation

What it does

Historic Tax Credit Growth and Opportunity Act of 2023 This bill increases the rehabilitation tax credit and modifies certain requirements for the credit. The bill increases the rate of the credit for qualified rehabilitation expenditures in taxable years beginning after December 31, 2020, and before January 1, 2028, after which the rate reverts to 20%.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Darin LaHood (R-IL). Co-sponsors: 42 Democrats, 26 Republicans.

Where it stands

  • IntroducedMar 24, 2023
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Ways and Means. (Mar 24, 2023)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 1785 (118th Congress): Historic Tax Credit Growth and…,” https://www.capitolreceipts.com/bill/118-hr-1785/historic-tax-credit-growth-and-opportunity-act-of-2023 (accessed 2026-10-17).

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