Preservation Action, Legislative Update
Volume 20, Number 32, October 06, 2017 →
House Passes Budget Resolution. Clears Path for Tax Reform
This week the House of Representatives passed its 2018 budget resolution, along a mostly party line vote. This is the next step in the effort from congressional Republicans to reform the tax code. The budget resolution paves the way for tax reform legislation to avoid a filibuster in the Senate, allowing the Senate to pass tax reform with a simple majority. The Senate is expected to pass their budget resolution in the next couple weeks, after which the differences between the House and Senate bill will be worked out in conference.
Congressional leaders are pursuing an aggressive timeline; they aim to have tax reform legislation released by the end of the month and hope to pass tax reform by the end of the year. Based on the tax reform framework released last week, the Historic Tax Credit faces the severe threat of elimination. The framework did not specifically retain the Historic Tax Credit (HTC) and “envisions” that most business text credits will be repealed. Members of the Senate Finance Committee and House Ways and Means Committee are currently drafting tax reform legislation. Now is the time to stand up for the Historic Tax Credit.
This is the most critical time for members of congress to hear to hear from constituents on the HTC. The need for tax reform is clear, but it must not come at the expense of this important economic redevelopment incentive, that more than pays for itself, and has a proven track record of creating jobs, saving historic buildings, and revitalizing neighborhoods.
- Urge your members of Congress to make their support of the Historic Tax Credit known to Congressional leadership and members of the House Ways and Means Committee and Senate Finance Committee. Reach out to your members today!
- Invite your members of Congress to attend an in-district/in-state meeting or tour a completed or planned HTC project. The House will be in-district October 16-20 and the Senate will be in-district October 9-13. Showing members of Congress rehabilitated historic buildings first hand is one of the most effective ways to demonstrate the value of the HTC. For more information, check out this helpful guide.
- Encourage your Representative and Senator to sign on as a cosponsor to the Historic Tax Credit Improvement Act (H.R 1158, S. 425). This bill would make several changes to improve and enhance the HTC. Signing on as a cosponsor is a great way for members of congress to demonstrate their support for the HTC.
Department of Interior Releases Report on the Department’s Economic Impact
The Department of Interior (DOI) released a report this week showing the department’s economic impact in FY 2016. According to the report, the DOI supported $254 billion in economic activity and 1.7 million jobs in FY 2016. These numbers are down from an estimated $300 billion in economic activity and 1.8 million jobs added in 2015. The DOI continued to show gains in the number of recreational visits, with an estimated 473 million recreational visits, an increase of $30 million from 2015. Overall recreation activities, including cultural and historic recreational activities, supported $49.9 billion in economic activity and more than 426,000 thousand jobs. Check out the Economic Impact by Activity to page for more details on the economic impact of cultural and historic recreational visits.
The Department of the Interior oversees 500 million acres of land, including national parks, national monuments, historic sites, refuges and other public lands. DOI plays an integral role in conserving America’s natural resources and heritage, honoring our cultures and tribal communities, and supplying the energy to power our future. Check out the complete report for more details.
Complete the 2017 Preservation Action Strategic Issues Survey. Responses Due by Monday, Oct. 9th
We want to hear from you to better meet your advocacy goals! We are conducting our annual survey of preservation leaders to establish preservation priorities and inform our strategic planning. Your agenda is our agenda. All voices are welcome, so if you would please share this survey with your networks, colleagues, and friends. All survey responses will be utilized in an aggregate manner.
There’s still time to complete the 2017 Preservation Action Strategic Issues Survey. The survey takes less than 10 minutes and will remain open until Monday, October 9th. Respondents receive a chance to win a free registration to the 2018 National Historic Preservation Advocacy Week occurring March 12-14, 2018 in Washington, D.C!
Please submit your responses today!
We will present the results of the Preservation Action Strategic Issues Survey during our Annual Member Meeting and Legislative Update on Friday, Nov. 17th at 3pm, following the closing lunch of the National Preservation Conference in Chicago. The meeting is open to the public and will be held in “Spire Parlor” room on the 6th floor of the Palmer House Hilton. The meeting is free and open to the public, RSVPs are encouraged, email firstname.lastname@example.org. Stay tuned for more information.
Get Your Tickets for Preservation Action Foundation’s Legendary Party Auction!
Tickets are now available for Preservation Action Foundation’s Legendary Party and Auction on November 15, 2017 from 830pm-1030pm during the National Preservation Conference in Chicago, IL! The annual auction had long been a highlight for Preservation Action Foundation and of the National Preservation Conference. Please join us immediately following the conference opening reception at the Cliff Dwellers Club, on the 22nd floor of the Borg-Warner building. Check out the auction webpage for more information. Get your tickets today!
Donate an Auction Item
You and your organization are invited to donate items, hotel stays, tours of historic sites, or other unique experiences to our Annual Silent and Live auction during the National Preservation Conference! A donation to our annual auction provides great exposure of your historic site to an active and interested group of people. Interested in donating an auction item? Check out our Auction request letter and donation form for more information!
Stories From Around the States