Rep. Kelly Introduces Historic Tax Credit Improvement Act of 2015

Press Release

Date: Oct. 29, 2015
Location: Washington, DC

U.S. Representative Mike Kelly (R-PA) -- a member of the House Ways and Means Committee -- issued the following statement today after introducing H.R. 3846, the Historic Tax Credit Improvement Act of 2015, with Rep. Earl Blumenauer (D-OR), and 8 other original co-sponsors. The bipartisan legislation will amend the nation's tax code to improve the Historic Rehabilitation Tax Credit.

"From the Presque Isle Lighthouse in Erie County to the Harrisburg Historic District in Dauphin County, Pennsylvania has a wealth of historic properties and places. Unfortunately, many of these properties are at risk due to neglect. This bipartisan legislation will make much-needed changes to the tax code to better facilitate the reuse of historic buildings. This bill is about preserving the Commonwealth's history and heritage as well as fostering the growth of local jobs, economic development, and neighborhood privatization in today's Pennsylvania. It's a win-win for Pennsylvania's past, present, and future."

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