The Senate is currently considering HB 4, an effort to preserve the Louisiana Commercial Historical Tax Credit. The LA HTC is currently set to sunset on January 1, 2022, but Rep. Magee's bill will extend the sunset to January 1, 2028. Louisiana has long been a leader throughout the country in utilizing the historic tax credit to revitalize our Main Street Communities.
The LA HTC pays long-term dividends and generates substantial private investment in our state's assets and infrastructure, turning often blighted and vacated buildings into commercial engines of vitality. For the travel and tourism industry, these investments make our communities more visitor-friendly and help us showcase the true character of our towns - especially in rural communities.
Please use the pre-drafted letter linked below to urge your senators to support HB 4 and preserve our Main Street communities.