In 1984, Ronald Reagan was outspoken in his support of the historic tax credit. Today, the historic tax credit is in jeopardy. Just this morning, House Ways and Means Chairman Kevin Brady announced the scheduled release of a House tax reform bill on Wednesday, November 1, and, as we understand it, the bill will NOT include the federal historic tax credit.
The time is now to voice your support for the federal historic tax credit. As tax reform takes center stage in our nation's capital, the Historic Tax Credit Coalition, the National Trust for Historic Preservation, and many other advocates of this important economic development and preservation tool are speaking up. Please join us!
Contact us with any questions you have about these or other historic tax credit matters. And stay tuned for more information and updates about federal HTC reform in the coming weeks.
The MHA Team