may 31, 2023
After spending months advocating in Springfield for the Illinois Historic Preservation Tax Credit (IL-HTC) alongside our partners at AIA Illinois, Landmarks Illinois is pleased to share the news that the Illinois General Assembly has passed legislation that extends the tax credit through 2028 and increases the annual allotment to $25 million (up from $15 million). The legislation will now go to Gov. J.B. Pritzker for a signature.
We thank Rep. Jehan Gordon-Booth and Sen. Steve Stadelman who sponsored bills in the House and Senate that successfully called for extending and expanding this vital statewide historic preservation incentive. Please contact your state Representative and Senator to thank them for the Illinois General Assembly’s support for this important program.
Since taking effect in 2019, following a decade of Landmarks Illinois advocacy, the IL-HTC has created thousands of jobs, prevented unnecessary building material waste, brought needed affordable housing to market and encouraged hundreds of millions of private investment in Illinois’ historic places. Continuing this program beyond 2023 makes economic and environmental sense and will help foster lively and sustainable communities Illinois residents are proud to call home.
(Pictured L-R: Landmarks Illinois Regional Advocacy Manager Quinn Adamowski, Sen. Steve Stadelman and Landmarks Illinois Board Chair Gary Anderson at the Illinois State Capitol in March.)
More information on the IL-HTC Program is available on the State Historic Preservation Office’s website.