HB 42 Passes in the House!


On Wednesday, June 24, the Historic Preservation Incentive Program was passed by the House of Representatives by a 193-2 vote. 
 
This legislation will provide:
·   Grants of up to $15,000 for rehabilitation of historic residential buildings;
·    State tax credits of up to $500,000 for rehabilitation of historic commercial properties; and
·    Priority funding to properties located in Main Street and Elm Street areas, Enterprise Zones and Historic Districts.
 
The bill now heads to the Senate.  Preliminary meetings have occurred with a few Senators to lay the groundwork for this legislation to move through the Senate as smoothly as possible. 
 
If you have the opportunity to speak to any Senators, please express your interest in the bill.