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Federal
Legislative Issues
The
Community Restoration and Revitalization Act
The Community
Restoration and Revitalization Act (introduced in 2005
as H.R. 3159 and in 2007 as H.R. 1043 / S. 584) was
re-introduced on October 1st.
Representatives Allyson Schwartz (D-PA) and Patrick Tiberi (R-OH) and Senators Blanche Lincoln (D-AR) and
Olympia Snowe (R-ME) are the House and
Senate sponsors. The new bill numbers are H.R. 3715 and
S. 1743.
The Community
Restoration and Revitalization Act is intended to make
several needed improvements to the Federal
Rehabilitation Tax Credit Program. These amendments are
intended to deepen the program’s effectiveness for
community revitalization, smaller commercial main street
projects and affordable housing, while retaining its
focus on protecting historic buildings.
Below is a
list of legislators in Illinois who signed-on as
co-sponsors in 2007. If any of these legislators represent your
district, please thank them for their previous support
and encourage them to support the bill again. If your
representative did not sign on, please tell them how
important it will be for your community.
While most of
the amendments proposed in 2007 remain in the new
bill, there are additional amendments that
propose tax credits for making historic buildings
energy-efficient and easier tax credit transferability
for small deals.
Please
continue to check this page for updates on this important bill.
What You Can Do
In Illinois,
Rep. Jan
Schakowsky (D-9),
Rep. Danny
Davis (D-7),
Rep. Mike Quigley (D-5),
Rep. Jerry
Costello (D-12),
Rep.
Phil Hare (D-17),
Rep.
Aaron Schock (R-18) and
Rep. Luis Gutierrez
(D-4) have signed on as
co-sponsors of H.R. 3715. If one of them is your congressman, please thank them.
In 2007,
Rep. Donald
Manzullo (R-16)
,
Rep. Mark Kirk
(R-10),
Rep. Jesse Jackson, Jr. (D-2) and
Rep. Tim
Johnson (R-15)
signed on as co-sponsors of the Community Restoration and Revitalization Act. If
any of the above is your congressman, please thank them for their previous
support of H.R. 1043 and encourage them to support the new historic tax credit
bill—H.R. 3715 and S. 1743.
Please have copies of support letters sent to Landmarks, so we can track support
to all legislators. Thank you for your help. If you have any questions, contact
Lisa DiChiera director of advocacy at
dichieral@lpci.org
or call her at (312) 922-1742.
For more information go to
Preservation Action or the
National Trust for Historic Preservation. To find your legislator go to
www.elections.il.gov.
For a Community Restoration and Revitalization Act Fact Sheet
click here.
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