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Funding, Tax Incentives, Grants & Awards for Preservation Projects
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House Committees Begin Drafting $3.5 Trillion Reconciliation Package. Urge Support for Historic Tax Credit Enhancements
Historic Preservation Blog from PreservationDirectory.com -
Contributed By: Preservation Action
Email The Author: mail@preservationaction.org
Website: https://preservationaction.org/htc-go-alert/

From Preservation Action:

This week, House committees began considering their portions of the $3.5 trillion 'Build Back Better' reconciliation package. The House Ways and Means Committee began marking up portions of the bill with several hearings this week and more expected next week. House lawmakers have yet to release the legislative text covering tax provisions, some of that could be released this weekend. The House Natural Resources Committee also approved $25.6 billion, it's piece of the budget reconciliation package. This includes $3 billion to support the Civilian Climate Corp, which could benefit historic preservation projects on publics lands. Committees were given a deadline of September 15th to wrap up their portions of the reconciliation package. The goal of House leaders is to take up the bipartisan Infrastructure Investment and Jobs Act and the Democrat led $3.5 trillion reconciliation package by September 27th.

We have a strong opportunity to include provisions from the Historic Tax Credit Growth and Opportunity Act (HTC-GO) that expand and enhance the HTC, in the reconciliation package, but we need your help!

Take Action!
  • If you haven't already, reach out to your Representative and Senators and urge them to support and cosponsor the Historic Tax Credit Growth and Opportunity Act (H.R. 2294S. 2266). If your Representative or Senators have already cosponsored, thank them! 
  • Urge your lawmakers to include the provisions of the HTC-GO in the budget reconciliation bill.
  • Preservation Action has also made it easy for you to take action. Easily edit and send a sample letter to your Representative and Senators today!
  • Share Preservation Action's Alert with your networks.

Posted: September 11, 2021
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