Tagged: Historic Preservation

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Historic Preservation tax credits
5:34 pm
Thu July 21, 2011

Historic Preservation tax credits to be cut nearly in half as part of Mo. special session

Credit (UPI/Bill Greenblatt)

The economic development deal struck by lawmakers will cut one of Missouri’s most popular tax credits nearly in half.

The deal between House and Senate leaders would cut the amount of Historic Preservation tax credits issued each year from $140 million down to $80 million.

Ruth Keenoy with the non-profit Landmark Associates of St. Louis, Inc., says the smaller cap would be detrimental to Missouri’s economy.  She wants the incentives to be left as-is.

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