Preservation Action, Legislative Update
Volume 20, Number 31, September 29, 2017 →
Action Alert: Tax Reform Framework Released- Historic Tax Credit Could Be on the Chopping Block
This week Republican leadership released a tax reform framework which outlines the goals of tax reform legislation and guides the House and Senate tax writing committees. The framework did not specifically preserve the Historic Tax Credit (HTC) and “envisions” that most business text credits will be repealed. This leaves the fate of the HTC and many other tax credit programs up to the tax writing committees. Now is the the time to stand up for the Historic Tax Credit.
We need your help! Urge your members of Congress to make their support of the Historic Tax Credit known to members of the House Ways and Means Committeeand Senate Finance Committee. 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.
Preservation Action and Partners Deliver National HTC Sign-on Letter to Tax Writing Committees
Preservation Action along with our partners at the National Trust for Historic Preservation, National Conference of State Historic Preservation Officers, Historic Tax Credit Coalition and Main Street America delivered the National Historic Tax Credit Organizational Sign-on Letter to the House Ways and Means Committee and Senate Finance Committee members as they begin drafting tax reform legislation.
Thanks to all of your efforts we received 1,479 signatures representing preservationists, builders, city leaders, and business groups from all 50 states and Puerto Rico. This number of signatures far exceeds previous letters and demonstrates to lawmakers the importance of the Historic Tax Credit and the broad coalition supporting the HTC. Thank you for all of your efforts. Check out the completed letter below.
Vote Your Main Street. 25 Projects From Across the Country Compete for $2 Million in Preservation Funding
25 projects from across the country are competing for $2 million in preservation funding from American Express. The Vote Your Main Street Campaign invites the public to vote on which historic sites along Main Streets across the country should receive $2 million in preservation funding. The campaign is part of the Partners in Preservation initiative launched between the National Trust for Historic Preservation, American Express, and National Geographic to increase public awareness and engagement in preserving America’s historic places.
Some of the preservation projects competing for funding include a historic theater renovation in Little Havana in Miami, restoring a cable car building in the Hyde Park neighborhood of Chicago, and bringing painted signs on the sides of historic buildings in Seattle back to life. These are just a few of the 25 fantastic projects all vying for preservation funding. Vote for your main street projects today! Voting is open until October 31st and you vote up to 5 times a day.
We Need Your Voice! Complete the 2017 Preservation Action Strategic Issues Survey
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.
The 2017 Preservation Action Strategic Issues Survey takes approximately 10 minutes and will remain open until October 9, 2017. 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. 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!
PlaceEconomics: “38 Reasons to Keep the Federal Historic Tax Credit“
Stories From Around the States
Washington: “New Seattle Skyscraper Also Preserves City’s History“