After the multi-trillion Build Back Better (BBB) spending bill stalled late last year, Congress has yet to determine a clear path forward for successfully advancing this legislation. This negates the potential opportunity to enhance the federal Historic Tax Credit in the short term as part of that legislative package.
The National Trust and our preservation partners—including the National Trust Community Investment Corporation and the Historic Tax Credit Coalition—continue to look for opportunities to strengthen the HTC. Continuing to build support for the Historic Tax Credit Growth and Opportunity Act (HTC-GO) (S. 2266/H.R. 2294) will lay the groundwork for positioning the bill for emerging legislative vehicles in the future.