Historic Tax Credit Update

From the National Trust for Historic Preservation:

“Despite vigorous advocacy by Republicans and Democrats in both chambers, the historic tax credit was not incorporated into the House tax reform bill during the mark-up process. On the Senate side, the Finance Committee acted last night to retain the HTC but reduced it from 20 percent to 10 percent of qualifying rehabilitation expenditures and eliminated entirely the 10 percent credit for non-historic buildings built before 1936.”

We still need your voice to call for the support and restoration of the Historic Tax Credit. There is a link in the Trust article to make it very simple to find the phone numbers for your representatives in Congress. Chances are, most of our readers are in District 10, so these are your contact numbers:

Senator (D-Virginia) Tim M. Kaine’s Office
Phone: (202) 224-4024
District Phone: (804) 771-2221

Senator (D-Virginia) Mark R. Warner’s Office
Phone: (202) 224-2023
District Phone: (804) 775-2314

Representative (R-Virginia District 10) Barbara J. Comstock’s Office
Phone: (202) 225-5136
District Phone: (703) 404-6903