The House Revenue & Tax Committee accepted public testimony on HB1555 this past Tuesday. HB1555 would increase the annual State HTC cap from $4 million to $10 million per fiscal year, extend the sunset from 2027 to 2037, and amend the use of the fees collected to support staff who administer the program.
Stacy Hurst, Secretary of Parks, Heritage and Tourism, with Rep. Joe Jett led the testimony. She was followed by Preserve Arkansas Executive Director Rachel Patton and QQA Executive Director Patricia Blick.
Mr. Nathan George of Joshua's Jewelry in Russellville completed the public testimony in favor of the legislation. Mr. George is awaiting his tax credit for a rehabilitation project completed last year.

No one spoke in opposition to HB1555 and several of the Revenue & Tax Committee members were familiar with the HTC program and had positive comments to share.
We need your help!
Next steps:
  • Contact members of the House Committee on Revenue and Taxation and ask for their support of the Historic Tax Credit when HB1555 is up for a vote.
  • Once HB1555 leaves the House Committee on Revenue and Taxation, it will go to the full House for a vote. Please reach out to your state representative and ask them to support HB1555.
  • Following passage in the House, HB1555 will be taken up by the Senate Committee on Revenue and Taxation. We will send an alert when the Senate Committee takes up HB1555.
For additional information, please contact Rachel Patton or Patricia Blick.
We will alert you when HB1555 moves to the
Senate Revenue & Taxation Committee
The QQA's mission is to preserve greater Little Rock's historic places. If you believe in our mission and would like to support our work, join today at or
501-371-0075 ext. 1