H.R. 3808 (98th): A bill to amend the Internal Revenue Code of 1954 to provide an alternative test for qualification for the credit for rehabilitated buildings.

Introduced:
Aug 04, 1983 (98th Congress, 1983–1984)
Sponsor:
Rep. Richard “Dick” Gephardt [D-MO3]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on August 4, 1983, in a previous session of Congress, but was not enacted.

Progress
Introduced Aug 04, 1983
Cosponsors
1 cosponsors (1D) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

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Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

8/4/1983--Introduced.
Amends the Internal Revenue Code to allow an investment tax credit for rehabilitated buildings if: (1) 50 percent or more of the existing external walls are retained in place as external walls; (2) 75 percent or more of the existing external walls are retained in place (but not necessarily as external walls); and (3) 95 percent of the existing internal structural framework is retained in place. (Present law requires that 75 percent or more of the external walls must be retained in the rehabilitation process.)

House Republican Conference Summary

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