Louisiana Bills Would Extend, Expand State Historic Tax Credit

Tuesday, June 2, 2020 - 10:00am

Bills introduced during a 30-day special session of the Louisiana state Legislature would extend and expand the state historic tax credit (HTC). H.B. 4 would extend the sunset date for the state’s 20 percent credit from the end of 2021 until the end of 2027. H.B. 16 would retain the current HTC, but add a state HTC of 30 percent for costs and expenses incurred while rehabilitating a structure that is included on the National Register of Historic Places between July 1, 2020, and June 30, 2026, with a project cap of $750,000.