historic tax credits http://news.stlpublicradio.org en Commentary: Historic Preservation Means Economic Growth http://news.stlpublicradio.org/post/commentary-historic-preservation-means-economic-growth <p>As the Missouri legislature debates the future of the state’s historic rehabilitation tax credit program, I would like to consider the meaning of the term “historic preservation” in the context of economic development.</p><p>In this context, historic preservation simply means the repair and reuse of high quality existing buildings.</p><p>Large numbers of useful buildings in town centers and urban areas across the region are under-performing as economic assets because they need to be repaired and brought back into productive service.</p> Wed, 09 Apr 2014 03:21:51 +0000 Andrew Weil 35054 at http://news.stlpublicradio.org Commentary: Historic Preservation Means Economic Growth Schweich Casts Critical Eye Toward Historic Preservation Tax Credit http://news.stlpublicradio.org/post/schweich-casts-critical-eye-toward-historic-preservation-tax-credit <p><strong>(Updated 4 p.m., Tues., March 25)</strong></p><p>State Auditor Tom Schweich issued a tough audit of the Missouri’s historic preservation tax credit, saying that the incentive that’s refurbished countless buildings throughout the state is too expensive and structurally inefficient.&nbsp;</p> Tue, 25 Mar 2014 15:30:09 +0000 Jason Rosenbaum 34708 at http://news.stlpublicradio.org Schweich Casts Critical Eye Toward Historic Preservation Tax Credit Missouri House Sends Tax Credit Overhaul To Senate; Would Cut Preservation, Housing http://news.stlpublicradio.org/post/missouri-house-sends-tax-credit-overhaul-senate-would-cut-preservation-housing <p>The Missouri House passed legislation on Thursday curtailing two of the state’s largest tax credit programs.&nbsp;</p><p>State Rep. Anne Zerr’s bill would reduce the historic preservation tax credit’s cap to $90 million from $140 million. That program helps refurbish older buildings and has been used extensively throughout St. Louis.</p><p>The bill would also gradually reduce the cap on the tax credit for low-income housing to $110 million from $140 million. That credit provides an incentive for developers to build housing for the working poor, elderly and disabled.</p> Thu, 06 Mar 2014 22:57:56 +0000 Jason Rosenbaum 34231 at http://news.stlpublicradio.org Missouri House Sends Tax Credit Overhaul To Senate; Would Cut Preservation, Housing Nixon Outlines Requirements For Tax Cut Plan That He Could Support http://news.stlpublicradio.org/post/nixon-outlines-requirements-tax-cut-plan-he-could-support <p><strong><em>(Updated 12:45 p.m. Fri., Feb. 14) </em></strong></p><p>Missouri Gov. Jay Nixon has unveiled a tentative deal for a tax-cut package made with some Republicans in the state Senate, but his requirements could delay when -- or if -- the cuts go into effect.</p> Thu, 13 Feb 2014 22:47:42 +0000 Jo Mannies 33696 at http://news.stlpublicradio.org Nixon Outlines Requirements For Tax Cut Plan That He Could Support