Georgia preservation leaders react to Kemp veto of historic tax credit bill - 41NBC News

Gov. Kemp vetoes bill to strengthen Historic Rehabilitation Tax Credit

The Georgia Trust for Historic Preservation expressed deep disappointment after Gov. Brian Kemp vetoed HB 376, legislation that would have strengthened the state’s Historic Rehabilitation Tax Credit program. In place since 2002, HRTC has driven more than $1 billion in private investment in the last six years, creating housing and jobs while rehabilitating historic buildings across the state. The program had broad bipartisan support in both chamb…

Georgia preservation leaders react to Kemp veto of historic tax credit bill - 41NBC News

MACON, Georgia (41NBC/WMGT) – Historic preservation leaders across Georgia say Governor Brian Kemp’s veto of House Bill 376 could slow revitalization projects and leave historic buildings vacant across the state. One week ago, Kemp vetoed House Bill 376, a legislative measure that would have expanded the state’s historic rehabilitation tax credit program by doubling the annual cap on credits from $30 million to $60 million. Georgia Trust for His…