Continued Call To Action:
Federal Historic Tax Credit in Danger of Repeal in Tax Reform
President-Elect Trump and Speaker Ryan have prioritized moving tax reform legislation in the first 100 days of the new Congress, likely including eliminating tax credits and deductions.
The HTC is the most significant federal financial commitment to historic preservation. Over the last 36 years, the credit has created 2.3 million jobs, leveraged $117 billion in investment, and rehabilitated more than 41,250 buildings - all while generating enough in federal revenue to pay for itself.
The Historic Tax Credit Coalition, National Trust for Historic Preservation, National Trust Community Investment Corporation, and allied organizations are moving quickly to increase lobbying capacity. However,
there is no substitute for the advocacy that you can provide at the state and local level!
Please contact your members of congress!
Call (during office hours) or email them!
Ask them to support the Historic Tax Credit as part of tax reform legislation that is expected to move through Congress. Explain the value of the HTC and ask your Members of Congress to express support to House Ways and Means Committee Chairman, Rep. Kevin Brady (R-TX), and other committee members.
Thank you for doing your part to advocate for the HTC!