Results for "historic tax credit"

Governor Hogan Signs Historic Tax Credit Bill Into Law

Governor Hogan Signs Historic Tax Credit Bill Into Law

Preservation Maryland’s Director of Government Relations Elly Cowan joined Senator Katie Fry Hester and Isaac Meyer from Compass Government Relations Partners in Annapolis May 16, 2022 as the Historic Revitalization Tax Credit – Funding and Extension (SB289/HB27) was...

Preservation Primer: Historic Tax Credit

Preservation Primer: Historic Tax Credit

Finding funds for your preservation rehabilitation project can be complex and confusing. Fortunately, in Maryland, there are many programs designed to help private property owners maintain and rehabilitate their historic structure. Historic tax credits are a critical...

New City Council Bill Would Extend Local Historic Tax Credit Program

The City of Baltimore is currently considering a bill that would extend its historic tax credit through February 2022. City Council Bill 20-0552 Tax Credits – Historic Properties extends the period within which applications may be accepted for the tax credit for...

Op-Ed: Historic Tax Credits Need More Funding

Op-Ed: Historic Tax Credits Need More Funding

On Monday, January 7, 2019, The Baltimore Sun published an Op-Ed by Preservation Maryland Executive Director, Nicholas A. Redding, calling for stronger support for the state Historic Tax Credit. The full Op-Ed can be read on the Baltimore Sun website. A selection of...

Support the Historic Tax Credit Enhancement Act

Support the Historic Tax Credit Enhancement Act

Last year, Preservation Maryland and our partners from across the country worked with members of Congress to retain the Historic Tax Credit (HTC) in a reformed tax code. While we were successful in keeping the HTC as a permanent tax credit, the credit is now taken...

New Federal Historic Tax Credit Legislation Introduced

New Federal Historic Tax Credit Legislation Introduced

On June 13, Maryland Senator Ben Cardin joined with a bi-partisan group of legislators from around the nation to introduce legislation that would substantially improve the federal historic tax credit. The new legislation would enhance the value of historic tax credit...

New Environmental Issues Guide includes Historic Tax Credit Funding

The Maryland League of Conservation Voters Education Fund has just released a report, Vision 2025: Issue Guide, outlining major conservation issues that Maryland will face over the next four years - including the Historic Tax Credit. From the Report: Conserving open...

Advocacy Alert: Ask Your Legislators to Support the Historic Tax Credit

Preservation Maryland has been working hard on two important pieces of legislation to improve our state Historic Tax Credit program. With the Maryland General Assembly in Session for just over a month more, now is a great time to contact your legislators and ask them...

Historic Tax Credit Funding Bill Included on Environmental Hot List

A pro-preservation piece of state legislation in support of increased funding for the state Historic Tax Credit has been picked up by the Maryland League of Conservation Voters as part of their influential weekly list of bills that impact Maryland's environment —...

Federal Historic Tax Credit Retained in Final Tax Reform Bill

After months of nationwide advocacy focused on saving the Federal Historic Tax Credit, preservationists rejoiced late Friday evening to learn that the credit was retained in the final iteration of the bill. The preservation community worked diligently to assure the...

Baltimore and Cambridge Call on Congress to Save Historic Tax Credit

The City of Baltimore and the City of Cambridge, Maryland both recently adopted resolutions calling on Congress to save the critically important federal Historic Tax Credit. The resolutions, which were provided to the councils by Preservation Maryland, underscored the...

Emergency Historic Tax Credit Telephone Town Hall Open to the Public

Emergency Historic Tax Credit Telephone Town Hall Open to the Public

On Tuesday, December 5, 2017 at 7pm EST, Preservation Maryland hosted a free Telephone Town Hall to discuss the current threats facing the federal Historic Tax Credit program. Update: A recording of the Telephone Town Hall is now available online. Listen Now...

Advocacy Alert: Federal Historic Tax Credit Eliminated

Advocacy Alert: Federal Historic Tax Credit Eliminated

The Federal Historic Tax Credit was eliminated in the draft tax reform bill released by the House of Representatives Ways & Means Committee on November 2, 2017. Advocacy Video Our Executive Director, Nicholas Redding, and Director of Engagement, Elly Cowan,...

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