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Georgia preservation group hoping to keep fed tax breaks
by Staff Reports
July 23, 2013 12:22 PM | 1774 views | 0 0 comments | 10 10 recommendations | email to a friend | print
(UPDATED AT 9:25 A.M. WEDNESDAY WITH CORRECTED LANGUAGE: FEDERAL TAX BREAKS INSTEAD OF STATE TAX BREAKS)

The Georgia Trust for Historic Preservation’s leader is calling on residents to lobby their U.S. senators following last month’s news the Senate may slash tax breaks which could affect the Midtown-based nonprofit.

In an email to its supporters and the media Monday afternoon, President and CEO Mark C. McDonald is asking for residents to contact U.S. Sens. Johnny Isakson, R-Marietta, and Saxby Chambliss, R-Moultrie, to ask the federal tax breaks remain in place.

The letter reads as follows:

Dear preservation supporters:

Last month, leaders of the Senate Finance Committee asked all Senators to identify, by July 26, which tax breaks, deductions and credits should be included in a comprehensive tax reform proposal. The Finance Committee has adopted a “blank slate approach,” meaning that the historic tax credit could be eliminated from the tax code if Senators do not note their support for the program. The National Trust, working closely with our preservation partners, is reaching out to Senate offices asking them to include the federal Historic Tax Credit (HTC) among the priorities they list for the Finance Committee. Please join us in this important effort and reach out to your Senators on behalf of the historic tax credit.

Last week I accompanied a delegation of preservation architects and investors to Washington where we met with both of Georgia’s U.S. senators and six congressmen. We did our best to emphasize how important the tax credit is to our economy and to the preservation movement.

The time to act is now!

Please ask Sen. Johnny Isakson and Sen. Saxby Chambliss to communicate to the Senate Finance Leadership the need to preserve the Historic Tax Credit. For your convenience, a sample email has been provided by the National Trust. It may be customized with your personal comments and will automatically include the email address of our senators.

Losing the historic tax credit would mean losing the federal government’s most significant financial investment in historic preservation, by far.

Thank you for your support of historic preservation and of The Georgia Trust.

If you have any questions, please contact me at mmcdonald@georgiatrust.org.

Sincerely,

Mark C. McDonald

President and CEO

The Georgia Trust

For more information on the trust, visit www.georgiatrust.org.
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