Historic Tax Credit Growth and Opportunity Act of 2025
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Historic Tax Credit Growth and Opportunity Act of 2025, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Foreign Policy.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section S1: 1. Short title This Act may be cited as the Historic Tax Credit Growth and Opportunity Act of 2025.
- Section idf2dd71ebe0744790b0ba881eea1b7f94: 2. Full credit allowed in the year building placed in service Section 47(a) of the Internal Revenue Code of 1986 is amended to read as follows: For purposes of...
- Section H4786140CCDAF4738AD0D8CDAA85844F5: 3. Increase in the rehabilitation credit for certain small projects Section 47 of the Internal Revenue Code of 1986 is amended by adding at the end the...
- Section HF772A6AEC7124073A46E2BE9B4154085: 4. Increasing the type of buildings eligible for rehabilitation Section 47(c)(1)(B)(i)(I) of the Internal Revenue Code of 1986 is amended by inserting 50...
- Section H79E710669F854DD3BCFA4105CC245B9F: 5. Elimination of rehabilitation credit basis adjustment Section 50(c) of the Internal Revenue Code of 1986 is amended by adding at the end the following new...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Historic Tax Credit Growth and Opportunity Act of 2025, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Transportation, Foreign Policy
Primary Purpose
This bill, Historic Tax Credit Growth and Opportunity Act of 2025, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeMr. Cassidy (for himself, Mr. Warner, Ms. Collins, and Ms. …
Read twice and referred to the Committee on Finance.
Introduced in Senate
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology