H.R.2448 - To direct the Secretary of Interior to submit to Congress a report on the National Park Service’s interpretation and application of the Standards for Rehabilitation for use of the Federal Historic Preservation Tax Incentives program. (119th Congress)
Summary
H.R.2448 directs the Secretary of the Interior to submit a report to Congress regarding the National Park Service's (NPS) interpretation and application of the Standards for Rehabilitation used in the Federal Historic Preservation Tax Incentives program. The report will focus on the program's impact on affordable housing and historic preservation. The bill requires the report to include data on application processing times, hold notices, conditions, denials, and withdrawals over the past 10 years.
Expected Effects
The bill aims to improve the efficiency and effectiveness of the Federal Historic Preservation Tax Incentives program. It seeks to identify barriers to affordable housing development within the program. Ultimately, it could lead to updates in the Standards for Rehabilitation and program guidelines.
Potential Benefits
- Could streamline the application process for historic preservation tax incentives.
- May lead to increased development of affordable housing within historic buildings.
- Could clarify existing standards and guidelines, reducing uncertainty for developers.
- Might improve the compatibility of the program with modern needs, such as energy efficiency and accessibility.
- Could enhance the protection of historic properties from climate risk.
Potential Disadvantages
- The report itself may require significant resources from the Department of Interior and the National Park Service.
- Potential for delays in project approvals while the report is being prepared and reviewed.
- Changes to the Standards could potentially weaken historic preservation safeguards.
- There is no guarantee that the recommendations in the report will be implemented.
Constitutional Alignment
This bill appears to align with the Constitution, particularly Article I, Section 8, which grants Congress the power to collect taxes and provide for the general welfare. The bill's focus on historic preservation and affordable housing could be seen as promoting the general welfare. There are no apparent infringements on individual rights or liberties.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).