We need your help to make preservation a priority and to reauthorize the critical Historic Rehab Tax Credit in Maryland.
Since its creation, the 20% tax credit for historic building rehabilitation has:
- Rehabilitated over 4,018 residential and 625 commercial structures,
- Generated nearly $8.53 in economic activity for every dollar invested by the state,
- Created almost 72 well-paying jobs for every $1 million credits issued,
- Incentivized the private sector to help rebuild and restore Maryland – and create a more prosperous and sustainable future,
- Saved priceless architectural treasures in every county across the state.
Unfortunately, legislators have recently been playing partisan games with the future of this non-partisan program. On Monday, March 21st, despite having the full support of Governor Hogan’s Administration, 14 senators voted not to reauthorize the program [SB759/HB939].
The 14 Senators who voted against the program that invests in local businesses and protects Maryland’s history:
- Gail Bates
- Robert Cassilly
- Adelaide Eckardt
- George Edwards
- Stephen Hershey
- Michael Hough
- J.B. Jennings
- Wayne Norman
- Justin Ready
- Edward Reilly
- Johnny Ray Salling
- Andrew Serafini
- Bryan Simonaire
- Stephen Waugh