releases: https://tomgarrett.house.gov/media/in-the-news/historic-tax-credits-saved-relief-dan-river-region-leaders
Data license: MIT · Data source: dwillis/congress-press
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| https://tomgarrett.house.gov/media/in-the-news/historic-tax-credits-saved-relief-dan-river-region-leaders | Historic tax credits saved, a relief to Dan River Region leaders | 2017-12-22 | 2017 | 2017-12 | Republican | House | VA | Thomas Garrett | G000580 | tomgarrett.house.gov | legacy | President Donald Trumps tax-cut package will not affect federal historic tax credits or federal payments for the Build America Bonds program, much to the relief of city officials and at least one historic preservationist. Were pretty appreciative of the fact that the federal government is retaining the historic tax credits, Danville City Manager Ken Larking said Thursday. It was great they [U.S. Congress members] recognized it was a valuable program that benefits small communities like ours. Danville City Council voted last month to adopt a resolution urging Trump and Congress to keep the Federal Historic Tax Credit Program. Matt Missen, communications director for Rep. Tom Garrett, R-5th District, said localities in the district expressed alarm over the possibility of cuts to, or elimination of, the credits. There was a massive outcry from members of the community, not only from the business development community, but regular people who wanted to see the historic buildings maintained, Missen said. Garrett told the Register & Bee on Thursday that he supports limited federal government and empowering localities, but you cant argue that this doesnt work, he said of the historic tax credits. If it works, why on earth dont we keep doing it? Garrett said. If we talk about the private sector, we should empower the private sector. Thats what the tax credits do. Garrett wrote a letter to a House conference committee urging retention of the tax credits. This worthwhile investment revitalizes distressed areas and creates the jobs that support local economies, Garrett wrote ... READ MORE | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |