# 119-hr-2941: Historic Tax Credit Growth and Opportunity Act of 2025

119-hr-2941, Historic Tax Credit Growth and Opportunity Act of 2025, is a 119th Congress bill sponsored by Rep. LaHood, Darin [R-IL-16] (R-IL); status introduced; PRIA reads it as touching household money (as of 2026-10-24).

- Canonical: https://policyrisk.com/legislation/119-hr-2941
- As of: 2026-10-24
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-2941
- Congress: 119
- Title: Historic Tax Credit Growth and Opportunity Act of 2025
- Status: introduced
- Introduced: 2025-04-17
- Sponsor: Rep. LaHood, Darin [R-IL-16] (R-IL)
- Cosponsors: 57
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-10-24

## Summary

**Expands and makes the Historic Rehabilitation Tax Credit more generous and transferable for small and rural projects.** It would set a 20 percent base credit and add a special small-project option with a higher credit rate and clear transfer rules.

## Cosponsors (57)

- Rep. Elfreth, Sarah [D-MD-3] (D-MD), 2026-09-28T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2026-09-28T00:00:00.000Z
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ), 2026-09-28T00:00:00.000Z
- Rep. Kiggans, Jennifer A. [R-VA-2] (R-VA), 2026-10-01T00:00:00.000Z
- Rep. Correa, J. Luis [D-CA-46] (D-CA), 2026-10-05T00:00:00.000Z
- Rep. Brownley, Julia [D-CA-26] (D-CA), 2026-10-05T00:00:00.000Z
- Rep. Sykes, Emilia Strong [D-OH-13] (D-OH), 2026-10-06T00:00:00.000Z
- Rep. Mejia, Analilia [D-NJ-11] (D-NJ), 2026-10-06T00:00:00.000Z
- Rep. Jayapal, Pramila [D-WA-7] (D-WA), 2025-08-08T00:00:00.000Z
- Rep. Pou, Nellie [D-NJ-9] (D-NJ), 2025-09-03T00:00:00.000Z
- Rep. Gillen, Laura [D-NY-4] (D-NY), 2025-10-10T00:00:00.000Z
- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2025-04-17T00:00:00.000Z
- Rep. Bishop, Sanford D. [D-GA-2] (D-GA), 2025-04-28T00:00:00.000Z
- Rep. Boyle, Brendan F. [D-PA-2] (D-PA), 2025-04-29T00:00:00.000Z
- Rep. Schrier, Kim [D-WA-8] (D-WA), 2025-05-05T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2025-05-05T00:00:00.000Z
- Rep. Krishnamoorthi, Raja [D-IL-8] (D-IL), 2025-05-06T00:00:00.000Z
- Rep. Yakym, Rudy [R-IN-2] (R-IN), 2025-05-13T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2025-05-13T00:00:00.000Z
- Rep. Davids, Sharice [D-KS-3] (D-KS), 2025-05-19T00:00:00.000Z
- Rep. Matsui, Doris O. [D-CA-7] (D-CA), 2025-05-20T00:00:00.000Z
- Rep. Omar, Ilhan [D-MN-5] (D-MN), 2025-05-29T00:00:00.000Z
- Rep. Harder, Josh [D-CA-9] (D-CA), 2025-05-29T00:00:00.000Z
- Rep. Craig, Angie [D-MN-2] (D-MN), 2025-06-03T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2025-06-04T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2025-06-04T00:00:00.000Z
- Rep. Mrvan, Frank J. [D-IN-1] (D-IN), 2025-06-04T00:00:00.000Z
- Rep. Riley, Josh [D-NY-19] (D-NY), 2025-06-04T00:00:00.000Z
- Rep. Strickland, Marilyn [D-WA-10] (D-WA), 2025-06-04T00:00:00.000Z
- Rep. Carter, Troy A. [D-LA-2] (D-LA), 2025-06-04T00:00:00.000Z
- Rep. McClain Delaney, April [D-MD-6] (D-MD), 2025-06-04T00:00:00.000Z
- Rep. Stanton, Greg [D-AZ-4] (D-AZ), 2025-07-10T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2025-07-16T00:00:00.000Z
- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2026-10-22T00:00:00.000Z
- Rep. Turner, Michael R. [R-OH-10] (R-OH), 2025-11-17T00:00:00.000Z
- Rep. Magaziner, Seth [D-RI-2] (D-RI), 2025-11-17T00:00:00.000Z
- Rep. Castor, Kathy [D-FL-14] (D-FL), 2025-12-03T00:00:00.000Z
- Rep. Carey, Mike [R-OH-15] (R-OH), 2025-12-10T00:00:00.000Z
- Rep. Sorensen, Eric [D-IL-17] (D-IL), 2025-12-16T00:00:00.000Z
- Rep. Wittman, Robert J. [R-VA-1] (R-VA), 2026-02-26T00:00:00.000Z
- Rep. Miller, Carol D. [R-WV-1] (R-WV), 2026-03-17T00:00:00.000Z
- Rep. McGuire, John J. [R-VA-5] (R-VA), 2026-03-17T00:00:00.000Z
- Rep. Landsman, Greg [D-OH-1] (D-OH), 2026-03-17T00:00:00.000Z
- Rep. Doggett, Lloyd [D-TX-37] (D-TX), 2026-03-17T00:00:00.000Z
- Rep. Ross, Deborah K. [D-NC-2] (D-NC), 2026-03-17T00:00:00.000Z
- Rep. McCollum, Betty [D-MN-4] (D-MN), 2026-03-17T00:00:00.000Z
- Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2026-03-19T00:00:00.000Z
- Rep. Mannion, John W. [D-NY-22] (D-NY), 2026-03-26T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2026-03-26T00:00:00.000Z
- Rep. Moran, Nathaniel [R-TX-1] (R-TX), 2026-03-26T00:00:00.000Z
- Rep. Kennedy, Timothy M. [D-NY-26] (D-NY), 2026-04-09T00:00:00.000Z
- Rep. Latimer, George [D-NY-16] (D-NY), 2026-04-29T00:00:00.000Z
- Rep. Goldman, Daniel S. [D-NY-10] (D-NY), 2026-05-14T00:00:00.000Z
- Rep. Thanedar, Shri [D-MI-13] (D-MI), 2026-05-21T00:00:00.000Z
- Rep. Davis, Donald G. [D-NC-1] (D-NC), 2026-06-02T00:00:00.000Z
- Rep. Meng, Grace [D-NY-6] (D-NY), 2026-06-15T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2026-06-15T00:00:00.000Z

## Provisions PRIA read

- 30 percent transferable credit for small projects: benefit, high. This bill would create an elective rule for qualifying small historic rehab projects and raise the credit rate to 30% of eligible costs. The credit would count up to $3,750,000 of rehab costs, or up to $5,000,000 for projects in defined rural areas, for projects placed in service after enactment. Y…
- More tax credit for historic rehab: benefit, high. This bill would set the historic rehabilitation tax credit at 20% of qualified rehabilitation costs for property placed in service after December 31, 2023. It would let taxpayers use 50% of a building's adjusted basis when computing the credit for property placed in service after enactment. The bil…

## Related bills

- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2102: Major Richard Star Act
- 119-hr-909: Crime Victims Fund Stabilization Act of 2025
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-979: AM Radio for Every Vehicle Act of 2025

## Sources
- [119-hr-2941 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2941)

## Related
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-909: Crime Victims Fund Stabilization Act of 2025](https://policyrisk.com/legislation/119-hr-909)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-979: AM Radio for Every Vehicle Act of 2025](https://policyrisk.com/legislation/119-hr-979)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-2941 (as of 2026-10-24).