Preservation Action, Legislative Update
Volume 17, Number 1, January 4, 2014 →

Congress Returns, Continue to Advocate for HPF Funding

The second session of the 113th Congress reconvenes. The Senate on January 6th and the House of Representatives on January 7th. The top issue on the legislative agenda for both houses of Congress is the January 15th deadline for the FY 2014 budget.

Preservation Action must continue to urge Congress to support adequate funding for the Historic Preservation Fund. Write appropriators and tell your member of Congress to support the Senate numbers for the Historic Preservation Fund and grants that support historic preservation.

Sample Letter to Congress; Copy, Paste, Personalize, Send! 

IRS issues Safe Harbor procedure for Historic Tax Credit Partnerships

Published and taking affect on December 30, 2013, the IRS published it’s comment on the Federal Historic Tax Credit, most likely, in response to the 2012 ruling of the Historic Boardwalk Hall case; the Revenue Procedure 2014-12 is an offering of safe harbor for various partnership and investment structures that are often created to utilize the tax credit.

Key provision include defining an investor’s economic risk, and maintaining that partnerships cannot dissolve until five years after the project while now allowing partners to swap their percent of interest in the partnership prior to that. Also, an investor must offer a minimum 20% investment before the project is completed, in the past tax credit have been granted prior to financial risk by the investor.

The tone from the national preservation community is that this guidance was much-needed. We will continue to monitor the use of these new provisions and welcome stories from your companies about implementation.

Download the IRS Document

“Historic Rehab Industry Sails Into Tax Credit Safe Harbor” by Jason Yots, Preservation Studios

FCC Seeks Comment on Wireless Infrastructure Placement on Historic Buildings

The Federal Communications Commission (FCC) seeks comment on review procedures of the installation of DAS (distributed antenna systems) and small cell wireless infrastructure related to NEPA, Section 106 and review coordination that might be needed with ACHP, NCSHPO and tribal organizations. Options for treatment may exclude such installations from review or may modify the review process. The FCC is soliciting comments on this issues by February 3, 2014.

Read “Acceleration of Broadband Deployment by Improving Wireless Facilities Siting Policies”

Happy New Year from Preservation Action

With the arrival of 2014, Preservation Action is now in its 40th year of grassroots advocacy. On your next visit to Washington, DC, stop by and check out our new offices at the historic Heurich House. Tell us about the federal and state issues that are important to your historic preservation work and stories about successful historic preservation projects in your area. Congress is back in session next week (US Senate January 6th and the US House of Representatives on January 7th) so join us for a Hill visit or public policy meeting or a coffee while you are in town.  We look forward to seeing you all at the National Historic Preservation Advocacy Week in March.

From the Hopper

Preservation Action staff attends the US/ICOMOS Gala that honored Senator Patrick Leahy (D-VT) and hosted by event’s honorary chair, Directory General of UNESCO, Irina Bokova
The Huffington Post publishes the top ten “saves” of 2013 by the National Trust for Historic Preservation
Under NHPA, Modern cement blocks ruled to have adverse impact on Ebey’s Landing
National Historic Reserve, WA
FL Division of Historical Resources helps restore Singing Tower, designed by Milton Medary, architect of the Washington Memorial Chapel
Forest City, IA legislates it’s first ever Historic Preservation Commission to promote local projects
City of Deadwood, a National Historic Landmark, will pay the South Dakota SHPO $50,000 annually for faster project review
The Oregon Heritage Commission, in the state parks department invites comment on their preservation plan through 2019 by January 15, 2014

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