S. 1141 – Creating American Prosperity Through Preservation Act

Sponsors: Sen. Susan Collins (R-ME) and Sen. Ben Cardin (D-MD)

Would amend the existing commercial rehabilitation tax credit to create a larger credit for smaller projects, improve usability by non-profits, clarify the age of eligibility, exempt state credits from federal income tax, and establish an energy efficiency supplement.

H.R. 2042 – Preserving America’s Downtowns and Heritage Act

Sponsor: Rep. David McKinley (R-WV)

Introduced: May 17, 2013

Increases the historic tax credit to 25% for certified historic structures and to 12.5% for other buildings. It also includes a 20% tax credit for rehabilitation of historic principal residences.
Referred to the Committee on Ways & Means


H.R. 877 – Historic Homeownership Revitalization Act of 2013

Sponsors: Rep. Michael Turner (R-OH), Rep. Rush Holt (D-NJ)

Introduced: February 27, 2013

Would establish a historic rehabilitation tax credit for homeowners and developers of historic homes.
Status: Referred to House Committee on Ways and Means.


H.R. 445 – To Authorize a National Heritage Area Program

Sponsors: Rep. Charles Dent (R-PA), Rep. Paul Tonko (D-NY)

Introduced and Referred to the Subcommittee on Public Lands and Environmental Regulation: February 1, 2013

Establishes consistant program legislation and performance metrics for the establishment and ongoing operation of National Heritage Areas.


H.R. 655 – Restore Our Neighborhoods Act of 2013

Would permit funds from ‘Hardest Hit Fund” program to be used for demolition.

H.R. 656 – Restore Our Neighborhoods Act of 2013

Would allocate $4 billion in bonds to demolish “blighted” structures.

Sponsor: Rep. David Joyce (R-OH)

Introduced and Referred to House Committee on Financial Services February 13, 2013