McKinley Reintroduces Tax Credit Legislation; Supreme Court Will Not Hear Appeal in Tax Credit Case

Preservation Action, Legislative Update Volume 16, Number 21, May 24, 2013 → House Appropriators Propose Potentially Disastrous Cuts to Interior Department On Tuesday, House appropriators proposed an 18% cut in the funding for the Interior, Environment, and Related Agencies Appropriations Subcommittee. The proposal is a full 20% lower than President Obama’s FY14 budget and 14% …

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Real Estate Working Group Issues HTC Recommendation; Obama Appoints New ACHP Member; Proposal on Historic Easements; NPS Report on HTC

Preservation Action, Legislative Update Volume 16, Number 19, May 10, 2013 → Real Estate Working Group Issues HTC Recommendation This week the Congressional Joint Committee on Taxation released their report to the House Ways and Means Committee their suggestions for the upcoming push for tax reform. The working group dealing with the Rehabilitation Tax Credit, …

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IRS to Issue New Guidance on Historic Tax Credit; President Obama Names New Secretary of Transportation

Preservation Action, Legislative Update Volume 16, Number 18, May 3, 2013 → IRS to Issue New Guidance on Historic Tax Credit The IRS and Treasury Department announced this week that they hope to issue new guidance on the Rehabilitation Tax Credit, or Historic Tax Credit (HTC). Preservation Action reported last year about the Historic Boardwalk LLC case …

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