Sponsor: Sen. Kaine, Tim (D-VA)1 cosponsorIntroduced Sep 23, 2026
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In plain English
S. 5480, sponsored by Sen. Tim Kaine (D-VA), allows rehabilitation expenditures for public school buildings to qualify for the federal rehabilitation tax credit under the Internal Revenue Code. The bill expands eligibility for this existing tax credit, which currently applies to certain other types of buildings, to now include public school facilities that undergo rehabilitation work.
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