|Year(s) Listed: • 2018|
|City/Town: • Central Kansas • Eastern Kansas • Northern Kansas • Southern Kansas • Western Kansas|
|Location Class: •|
|Built: N/A | Year Saved: N/A|
|Awards: • Advocacy Award|
|Contributor: Kansas Preservation Alliance|
In late 2017, the Tax Cuts and Jobs Act was introduced to Congress. While intended to simplify personal taxes and lower corporate taxes to stimulate economic growth, the proposal also eliminated many tax credits, including the Federal Historic Tax Credit used in the financing of many historic preservation projects. Over the last 36 years, the tax credit has created 2.5 million jobs, leveraged $130 billion in investment, and rehabilitated more than 42,000 buildings – all while generating enough in federal taxes to pay for itself. Senator Roberts, contacted by many local Kansas preservation advocates, became instrumental in keeping the Federal Historic Tax Credit in the reform bill, a demonstration of a true advocacy for the cause of historic preservation.