H.R. 1043 · 110th Congress · 2007–2008
Community Restoration and Revitalization Act of 2007
H.R. 1043 in the 110th Congress (2007–2008) was introduced on Feb 14, 2007, sponsored by Stephanie Jones with 110 co-sponsors.
During the 110th Congress (2007–2008), George W. Bush was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Introduced
- Introduced
- Feb 14, 2007
- Co-sponsors
- 110
- Policy area
- Taxation
What it does
Community Restoration and Revitalization Act of 2007 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit p…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Stephanie Jones (D-OH). Co-sponsors: 84 Democrats, 26 Republicans.
Where it stands
- IntroducedFeb 14, 2007
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Feb 14, 2007)
More bills from Stephanie Jones in the 110th Congress
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- H.R. 4118: To exclude from gross income payments from the Hokie Spirit Memorial Fund to the victims of the…
- H.R. 3648: Mortgage Forgiveness Debt Relief Act of 2007
- H.R. 3996: Tax Increase Prevention Act of 2007
- H.R. 4839: Tax Technical Corrections Act of 2007
- S. 2436: A bill to amend the Internal Revenue Code of 1986 to clarify the term of the Commissioner of…
- H.R. 6081: Heroes Earnings Assistance and Relief Tax Act of 2008
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- H.R. 7082: Inmate Tax Fraud Prevention Act of 2008
- S. 14: Invest in America Act
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 1043 (110th Congress): Community Restoration and Revitalization…,” https://www.capitolreceipts.com/bill/110-hr-1043/community-restoration-and-revitalization-act-of-2007 (accessed 2026-10-17).