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The U.S. Senate today passed legislation that includes free testing for COVID-19 and paid leave benefits for many Americans affected by the pandemic, sending the legislation to President Donald Trump’s desk.
The federal historic tax credit (HTC) resulted in more than $5.7 billion in private investment in historic and community revitalization in fiscal year 2019 (FY 19), according to an annual report released last week by the National Park Service (NPS).
Legislation was introduced Jan. 14 in the New Jersey state Senate to create a 25 percent state historic tax credit (HTC) for homeowners and business owners. S. 412 would create a business owner HTC that would be taken against the corporation or business tax or insurance premium tax liabilities.
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