Produced by Landmarks Association of St. Louis
This critical tax credit preserves, restores, and reuses the historic buildings on our Main Streets across 80 communities, and we are at risk of it being taken away. Not only does the tax credit enhance the character, add to the beauty, and maintain the rich history of our communities, it creates thousands of jobs, revitalizes rural Main Street, and boosts private investment for our state.
Reducing the Missouri Historic Tax Credit to $90 million from $140 million, proposed by S.B. 590, will eliminate up to $250 million in historic revitalization projects.
S.B. 590, sponsored by Sen. Dan Hegeman, enables politicians in Jefferson City to give out the Missouri Historic Tax Credit to their friends and donors, and turns a model program into a political slush fund.New Study: Missouri Historic Tax Credit Benefits Local Schools & Services