OPPOSE 2 YR SUSPENSION OF OHIO HISTORIC PRESERVATION TAX CREDIT
HURRY, SIGN THE PETITION!
SHOW YOUR OPPOSITION TO THE 2 YEAR SUSPENSION OF OHIO HISTORIC PRESERVATION TAX CREDIT!
The Ohio Senate has proposed a 2-year suspension of the Ohio Historic Preservation Tax Credit. This suspension would be DEVASTATING for Ohio revitalization efforts and historic preservation.
Only 1 individual is permitted to testify on behalf of the historic tax credits so this petition will represent those who oppose the suspension. This petition will be sent directly to Senator Scott Oelslager, chair of the Finance Committee.
Recent projects benefiting from the historic tax credits include The LeVeque Tower, The YWCA, The Julian, The Atlas Building, Grant Commons, Cristo Rey High School, and Victorian Heritage, among others. From its inception, historic tax credits have been approved for 244 projects to rehabilitate 320 historic buildings in 49 different Ohio communities. The program is projected to leverage more $3.4 billion in private redevelopment funding and federal tax credits directly through the rehabilitation projects. (source: Ohio.gov)
All State Historic Preservation Tax Credits that are not completed and certified by July 1, 2015 are in danger, including pending applications!
IF YOU SUPPORT HISTORIC PRESERVATION, PLEASE SIGN THE PETITION and SHARE IT!