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PRESERVATION ACTION LEGISLATIVE UPDATE
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LEGISLATIVE UPDATE
VOLUME 22, NUMBER 34
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Senate Version of the Historic Tax Credit Growth and Opportunity Act Introduced. Urge Your Senators to Cosponsor
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Persimmon Lofts in Peoria, IL
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This week, Senator Bill Cassidy (R-LA), Ben Cardin (D-MD), Susan Collins (R-ME), and Maria Cantwell (D-WA) introduced the Senate version of the Historic Tax Credit Growth and Opportunity Act (HTC-GO, S. 2615). Similar to the House version (H.R 2825) of the HTC-GO Act, the Senate legislation would bring more value to Historic Tax Credit projects, improve access to the credit, and encourage investment in smaller rehabilitation projects.
The HTC Growth and Opportunity Act would increase the credit from 20% to 30% for rehabilitation projects under $2.5 million. This would make the credit more appealing for investment and improve access for smaller projects. Additionally, the bill would eliminate the tax credit basis adjustment requirement, which would increase the value of the credit. This change would bring the HTC more in line with the other tax credit programs and help restore some of the value lost by changes made during tax reform.
The HTC-GO Act was referred to the Finance Committee in the Senate. The House version of the bill is awaiting action in the House Ways and Means Committee and is up to 50 cosponsors. There could be opportunities for provisions from the bill to be included as part of a year-end funding deal, but we need your help. It is critical that we demonstrate strong/bipartisan support for the HTC-GO.
Take Action
Urge your Senators to cosponsor the Historic Tax Credit Growth and Opportunity Act (S. 2615) today!
If you have a personal contact in your Senator's Washington D.C or District office, contact that person directly. Ask them to cosponsor the Historic Tax Credit Growth and Opportunity Act, S. 2615, introduced by Senators Cassidy, Cardin, Collins and Cantwell. Or you can call the Capitol Switchboard at 202-225-3121 and ask to be connected to your Senator's DC office.
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David Vela Becomes the New Acting Director of the National Park Service
 Effective October 3rd, David Vela became the new Acting Director of the National Park Service (NPS), taking over for P. Daniel Smith, who served in the capacity since January of 2018. David Vela was previously nominated by President Trump to be next NPS Director during the last Congress. The Senate Energy and Natural Resources Committee held a confirmation hearing, where he received bipartisan support and the committee advanced his nomination, but the full Senate failed to take action by the end of the session. President Trump has yet to submit a nomination for a permanent director for the National Park Service, and the Park Service has been without a permanent director since Director Jon Jarvis retired at the end of President Obama's term in January of 2017.
David Vela most recently served as the Superintendent of the Grand Tetons National Park. He first started working for the National Park Service in 1981 at the San Antonio Missions Historical Park . He''s worked in several positions in the National Park Service including Superintendent of the Lyndon B. Johnson National Historic Park, Regional Director of the NPS Southeast Region and in a senior position at the National Park Service headquarters in Washington, DC. Secretary of Interior David Bernhardt made the announcement at the end of September.
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Preservation Action Presents Nellie Longsworth Award to Longtime Denver Preservationist, Dana Crawford
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Nellie Longsworth award recipient, Dana Crawford with Preservation Action Foundation Board Chair, Lauren McHale, and Preservation Action President, Russ Carnahan.
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Preservation Action was honored to present longtime Denver preservationist, Dana Crawford, with the Nellie Longsworth Award for Outstanding Leadership in Historic Preservation Advocacy last week at Preservation Action Foundation's Annual Auction and Party during the Past Forward Conference last week in Denver.
Over the past half-century Dana Crawford has been an urban pioneer, channeling her philosophy that urban centers can and should be vibrant, vital places into a legacy as Denver's leading redeveloper of historic buildings. Dana was instrumental in protecting places like Larimer Square, LoDo, and the stunningly restored Union Station. Beyond saving physical buildings, Dana Crawford's contributions to her local and national community are too numerous to mention. We are very proud of her longtime involvement with Preservation Action, beginning when the organization was in its infancy serving as chairman of the board.
It was Preservation Action's great honor to recognize Dana Crawford's legacy and on-going commitment to the preservation of buildings, place and community. Thank you Dana!
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Thanks Everyone for a Great Live Auction in Denver. Our Online Silent Auction Ends Tonight!
Online Silent Auction Ends Tonight
Did you miss out at our Live Auction? There's still time to participate in our online Silent Auction! Start bidding on fantastic travel packages, VIP tours of historic sites, one-of-a-kind items, educational and training opportunities, and more.
This year's Silent Auction features amazing items like a trip to Arizona that includes a stay at the historic
Wigwam Resort
and a private, behind the scenes tour of Frank Lloyd Wright's desert masterpiece,
Taliesin West
;
an exclusive tour of the Smithsonian's
National Museum of American History
in Washington, DC led by the museum's director, Dr. Anthea Hartig; travel packages to historic destinations like New Orleans, Savannah, and Boston; and much more. The Silent Auction ends tonight, Oct. 18th, at 9pm EDT. Start bidding!
All bidding for our Silent Auction will be done online through
32 Auctions.
You can bid from anywhere, anytime before the close of the auction. You can even track bids and receive notifications if you are outbid. Never used 32 Auctions before? You can view items without an account, but to place a bid, you'll need to
create an account
. The process is quick and easy.
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National News
Stories From the States
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