HTC-GO bill reintroduced in the House and the Senate
March 29, 2023The Historic Tax Credit Coalition thanked House and Senate leaders this week for reintroducing the Historic Tax Credit Growth and Opportunity (HTC-GO) Act in their respective chambers.
In the Senate, Senators Ben Cardin (D-MD), Bill Cassidy (R-LA), Maria Cantwell, (D-WA), and Susan Collins (R-ME) came together to introduce the bill, which would represent the most significant improvements in the federal Historic tax Credit program since 1986. The bill, S. 639, is identical to the provision introduced by the same group in the last Congress.
Reps. Darrin LaHood (R-IL), Earl Blumenauer (D-OR), Mike Kelly (R-PA), Terri Sewell (R-AL), Michael Turner (R-OH), and Brian Higgins (D-NY) led the effort to introduce a similar bill, H.R. 1785, in the House.
The Coalition thanks these preservation champions and will be working to seek additional support for both bills in the hope that Congress will make improvements to the HTC this year.
A release describing the bills is attached.
HTC-GO Bill Introduction Org Release 3-28-23v2
HTC-GO bill reintroduced in the House and the Senate
March 29, 2023The Historic Tax Credit Coalition thanked House and Senate leaders this week for reintroducing the Historic Tax Credit Growth and Opportunity (HTC-GO) Act in their respective chambers.
In the Senate, Senators Ben Cardin (D-MD), Bill Cassidy (R-LA), Maria Cantwell, (D-WA), and Susan Collins (R-ME) came together to introduce the bill, which would represent the most significant improvements in the federal Historic tax Credit program since 1986. The bill, S. 639, is identical to the provision introduced by the same group in the last Congress.
Reps. Darrin LaHood (R-IL), Earl Blumenauer (D-OR), Mike Kelly (R-PA), Terri Sewell (R-AL), Michael Turner (R-OH), and Brian Higgins (D-NY) led the effort to introduce a similar bill, H.R. 1785, in the House.
The Coalition thanks these preservation champions and will be working to seek additional support for both bills in the hope that Congress will make improvements to the HTC this year.
A release describing the bills is attached.
HTC-GO Bill Introduction Org Release 3-28-23v2