Rehabilitation of Historic Schools Act of 2026
Tax Credits for Fixing Old Public Schools
This bill is currently in the early stages of the legislative process after being sent to the House Committee on Ways and Means for review. It is actively moving forward, but there are no specific dates scheduled for future votes or hearings at this time.
Legislative Progress
The bill currently only has support from one party and has just been introduced. Most bills that change the tax code need support from both parties to move forward in Congress.
Key Points
- This bill would change tax rules to help communities repair and modernize old public school buildings. It allows these projects to qualify for federal tax credits that were previously mostly for private buildings.
- To get the tax credit, a building must have been a public school for at least five years before the repairs begin. It must also stay a public school once the construction is finished.
- The goal is to make it more affordable for school districts to save historic buildings rather than building new ones from scratch. This could help preserve local history while giving students safer and more modern places to learn.
- After five years, the government will report on how many schools were fixed and how many students benefited. The report will specifically look at how much this helped schools in low income areas.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Rehabilitation of Historic Schools Act of 2026
Data Sources
Sponsor
Cosponsors
(5)Analysis generated by AI. Always verify with official sources.