Rehabilitation of Historic Schools Act of 2026

This bill changes the federal tax code so that money spent fixing up public school buildings can count toward the rehabilitation tax credit. It removes an existing limit for buildings used by tax-exempt entities, but only when the building was used as a public school at some point in the 5 years before the work began and is used as a public school right after the work is done. The Treasury Department must report to Congress within 5 years on how the change was used. This includes the number of schools rehabilitated and students served by state and in low-income communities, and the amount spent per school. The change applies to property placed in service after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Dwight Evans Democrat sponsor
• 10 cosponsors