H.R. 2941: Historic Tax Credit Growth and Opportunity Act of 2025

H.R. 2941 is a federal bill in the 119th Congress. Before this bill, taxpayers claiming the historic rehabilitation tax credit had to spread the 20 percent tax credit out over five years. Under this bill, taxpayers can take the full 20 percent credit in the exact year the building is placed in service.… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.