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Urgent Action Needed to Help Save Louisiana's Historic Rehabilitation Commerical Tax Credit
Dear Friends of Preservation,
We need your help in preserving the Louisiana Commercial Historic Tax Credit (HTC), which has played an important role in preserving culturally significant buildings across our state in rural and urban areas alike. This tax credit program can continue to support renovations in communities all across the state creating new jobs and businesses spurring additional economic activity. HB 4 will be heard on the Senate Floor TODAY at 4PM.
The LA HTC pays long-term dividends and generates substantial private investment in our state’s assets and infrastructure, turning often blighted and vacated buildings into commercial engines of vitality. The study commissioned by Lieutenant Governor Nungesser provides that for every $1 of LA historic tax credits, $8.76 in additional economic activity is returned to the State. LA HTC rehabilitation projects generate 1,725 direct jobs and an additional 1,429 indirect and induced jobs annually.
We've made it simple for you to take a brief moment to contact your Senator to express your support for the extension of the sunset of the HTC. We have crafted a message for you, but remember your correspondence is more compelling when you personalize your message. The message is editable, so please add your own personal stories of why Louisiana needs the HTC.
Please note you may be sent a confirmation code via email that must be entered before your message is submitted to your member - be sure to check your inbox, junk, and clutter folders. Thank you for your support on behalf of the Louisiana Trust for Historic Preservation!
Contact your Senator here today to show your support for HB 4!
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Louisiana Trust for Historic Preservation
PO Box 1589 - Baton Rouge, LA 70821
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