Senate tax bill passes, retaining modified HTC; House bill eliminates

Urgent Action Needed

The Senate has passed its tax reform plan, retaining the 20% Historic Tax Credit (HTC) with a modification that it will now be claimed over five years.

The Senate bill must now be reconciled with the House’s Tax Cuts and Jobs Act (H.R. 1), which entirely eliminated the HTC.

Your immediate ACTION is needed!

All advocates should be fully activated across the country, connecting with both House and Senate offices:

  1. SENATE: Please ask your Senator to ensure that the HTC provision is sustained and improved as the final reform bill is reconciled with the House bill.
  2. HOUSE OF REPRESENTATIVES: Contact your House members and ask them to work with House leadership to accept the Senate provision related to the HTC when the House and Senate bills are resolved.

Call-to-Action

Call (during office hours) the offices of your Members of Congress. Ask to speak to tax staff, your staff contacts in offices or ask for email addresses of tax staff.

A suggested outline of your email message or phone call:

1. Introduce yourself as a constituent

  1. HOUSE: Say “I heard the historic tax credit is eliminated in the House version of the tax reform bill. I am extremely concerned that this important community redevelopment incentive will no longer be available to revitalize our main streets, towns, and cities and preserve our heritage. Please work with House leadership to ensure that the House recedes to the Senate provision related to the historic tax credit in the final tax legislation.”
  2. SENATE: Say “I heard the Senate has passed a tax reform bill that retains the historic tax credit in the tax code at a 20% level, paid over a 5-year period, but the House has passed its tax reform bill that eliminates the credit entirely. I am extremely concerned that this important community redevelopment incentive will no longer be available to revitalize our main streets, towns, and cities and preserve our heritage. Please ensure that the Senate provision is sustained and improved as the final reform reconciled between the House and the Senate.”

2. Explain why you value Historic Tax Credits, and that the redevelopment of historic buildings will not get done without the HTC.

3. Let them know some previous and future HTC projects in your state/district

4. Touch on why these historic buildings are so challenging but important to our communities.

  1. Ask…. “As tax reform moves forward, will Rep./Sen. XXX stand up for the Historic Tax Credit and use his/her voice to insist that the credit be retained in tax reform?”
  2.  Share with the office the video of President Reagan supporting the HTC.

5. If your member of Congress has agreed to help, please remember to thank them and tell others about their support!

Please share responses from congressional offices. Contact Mike Phillips at mphillips@ntcic.com or tel:202.588.6049 to obtain help for your outreach.


 In 1981, President Ronald Reagan significantly expanded an innovative program to draw investment to the rehabilitation of older properties, now known as the federal historic tax credit. He was so impressed with the program’s success that he made it a permanent part of the tax code in 1986.


Advocacy Resources


• Webinar on the HTC by Washington, D.C lobbyists 


Find contact information for your House Representative


• Find contact information for your Senators


• Talking points


• State and congressional district maps with economic impact data


• Interactive mapping tool developed by Novogradac and Company 


• *Recording* of November 2 HTC Advocacy Webinar – National Trust Gov. Affairs Staff and the Historic Tax Credit Coalition’s lobbyists provide overview of the House tax reform bill and ways advocates of the HTC can take action.