# 114-hr-3846: Historic Tax Credit Improvement Act of 2015

114-hr-3846, Historic Tax Credit Improvement Act of 2015, is a 114th Congress bill sponsored by Rep. Kelly, Mike [R-PA-16] (R-PA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3846
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3846
- Congress: 114
- Title: Historic Tax Credit Improvement Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-10-28
- Sponsor: Rep. Kelly, Mike [R-PA-16] (R-PA)
- Cosponsors: 52
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Historic Tax Credit Improvement Act of 2015 This bill amends the Internal Revenue Code, with respect to the tax credit for the rehabilitation of buildings and historic structures, to: (1) allow an increased 30% credit, up to $750,000, for projects with rehabilitation expenditures not exceeding $3.75 million, for which no credit was allowed in either of the 2 prior taxable years (smaller projects); (2) allow the transfer of tax credit amounts for smaller projects; (3) treat a building as substantially rehabilitated if rehabilitation expenditures exceed the greater of 50% of the adjusted basis of the building or $5,000 (currently, the greater of the adjusted basis of the building or $5,000); (4) exempt from tax the proceeds of a state historic tax; and (5) set forth special rules for the tax treatment of tax-exempt use property and functionally-related historic structures.

## Cosponsors (52)

- Rep. Courtney, Joe [D-CT-2] (D-CT), 2016-05-11T00:00:00.000Z
- Rep. Blumenauer, Earl [D-OR-3] (D-OR), 2015-10-28T00:00:00.000Z
- PATRICK TIBERI (R-OH), 2015-10-28T00:00:00.000Z
- Rep. Neal, Richard E. [D-MA-1] (D-MA), 2015-10-28T00:00:00.000Z
- Rep. Boustany, Charles W., Jr. [R-LA-3] (R-LA), 2015-10-28T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2015-10-28T00:00:00.000Z
- Rep. Turner, Michael R. [R-OH-10] (R-OH), 2015-10-28T00:00:00.000Z
- Rep. Kind, Ron [D-WI-3] (D-WI), 2015-10-28T00:00:00.000Z
- CHARLES RANGEL (D-NY), 2015-10-28T00:00:00.000Z
- Rep. Reed, Tom [R-NY-23] (R-NY), 2015-10-28T00:00:00.000Z
- Rep. McGovern, James P. [D-MA-2] (D-MA), 2015-12-03T00:00:00.000Z
- Rep. Kilmer, Derek [D-WA-6] (D-WA), 2015-12-03T00:00:00.000Z
- Rep. Renacci, James B. [R-OH-16] (R-OH), 2015-12-03T00:00:00.000Z
- Rep. Poe, Ted [R-TX-2] (R-TX), 2015-12-17T00:00:00.000Z
- Rep. Jenkins, Lynn [R-KS-2] (R-KS), 2015-12-17T00:00:00.000Z
- Rep. Pocan, Mark [D-WI-2] (D-WI), 2016-01-04T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-01-04T00:00:00.000Z
- Rep. Veasey, Marc A. [D-TX-33] (D-TX), 2016-01-04T00:00:00.000Z
- Rep. Bonamici, Suzanne [D-OR-1] (D-OR), 2016-01-13T00:00:00.000Z
- Rep. Huizenga, Bill [R-MI-4] (R-MI), 2016-01-28T00:00:00.000Z
- Rep. Reichert, David G. [R-WA-8] (R-WA), 2016-01-28T00:00:00.000Z
- Rep. Beatty, Joyce [D-OH-3] (D-OH), 2016-01-28T00:00:00.000Z
- Rep. Chabot, Steve [R-OH-1] (R-OH), 2016-02-24T00:00:00.000Z
- Rep. Byrne, Bradley [R-AL-1] (R-AL), 2016-02-29T00:00:00.000Z
- Rep. Blum, Rod [R-IA-1] (R-IA), 2016-02-29T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2016-02-29T00:00:00.000Z
- Rep. Tsongas, Niki [D-MA-3] (D-MA), 2016-02-29T00:00:00.000Z
- Rep. Brooks, Susan W. [R-IN-5] (R-IN), 2016-02-29T00:00:00.000Z
- Rep. Ashford, Brad [D-NE-2] (D-NE), 2016-03-10T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2016-03-10T00:00:00.000Z
- Rep. Meehan, Patrick [R-PA-7] (R-PA), 2016-04-11T00:00:00.000Z
- Rep. Esty, Elizabeth H. [D-CT-5] (D-CT), 2016-04-15T00:00:00.000Z
- Rep. Paulsen, Erik [R-MN-3] (R-MN), 2016-04-18T00:00:00.000Z
- Rep. DelBene, Suzan K. [D-WA-1] (D-WA), 2016-04-18T00:00:00.000Z
- Rep. Thompson, Mike [D-CA-4] (D-CA), 2016-04-29T00:00:00.000Z
- Rep. Cicilline, David N. [D-RI-1] (D-RI), 2016-04-29T00:00:00.000Z
- Rep. Abraham, Ralph Lee [R-LA-5] (R-LA), 2016-04-29T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2016-04-29T00:00:00.000Z
- Rep. Richmond, Cedric L. [D-LA-2] (D-LA), 2016-05-11T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2016-06-07T00:00:00.000Z
- Rep. Thompson, Bennie G. [D-MS-2] (D-MS), 2016-06-15T00:00:00.000Z
- Rep. Noem, Kristi L. [R-SD-At Large] (R-SD), 2016-07-05T00:00:00.000Z
- Rep. Joyce, David P. [R-OH-14] (R-OH), 2016-07-14T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2016-07-14T00:00:00.000Z
- Rep. Johnson, Eddie Bernice [D-TX-30] (D-TX), 2016-09-13T00:00:00.000Z
- Rep. Stivers, Steve [R-OH-15] (R-OH), 2016-09-13T00:00:00.000Z
- Rep. Harper, Gregg [R-MS-3] (R-MS), 2016-09-27T00:00:00.000Z
- Rep. Wilson, Joe [R-SC-2] (R-SC), 2016-09-27T00:00:00.000Z
- Rep. Johnson, Bill [R-OH-6] (R-OH), 2016-11-29T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2016-11-29T00:00:00.000Z
- Rep. Sessions, Pete [R-TX-17] (R-TX), 2016-11-29T00:00:00.000Z
- Rep. Palazzo, Steven M. [R-MS-4] (R-MS), 2016-11-29T00:00:00.000Z

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- 114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act
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## Sources
- [114-hr-3846 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3846)

## Related
- [114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015](https://policyrisk.com/legislation/114-hr-2903)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2726)
- [114-hr-893: Boys Town Centennial Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-893)
- [114-hr-699: Email Privacy Act](https://policyrisk.com/legislation/114-hr-699)
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
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Source: PRIA, https://policyrisk.com/legislation/114-hr-3846 (as of 2025-11-18).