Working for a Florida Historic Tax Credit
House Bill 247 and its companion Senate Bill 1310 provide Florida with a proven tax incentive to protect historic places, strengthen community and
support economic development
About the Tax Credit:
Called the Main Street Tourism and Historic Revitalization Act, this bill creates a Florida historic tax credit, helps revitalize Florida Main Street communities, supports heritage tourism, creates good paying jobs and brings vacant and underused historic buildings back to life.
Florida Trust CEO Melissa Wyllie discusses the tax credit with House Sponsor Michelle Salzman.
The Main Street Tourism and Historic Revitalization Act is filed as House Bill 247 and Senate Bill 1310. It provides a tax credit of up to 20 percent of total eligible costs for rehabilitation of a certified historic structure and a tax credit of up to 30 percent of total eligible costs for rehabilitation of a certified historic structure that is physically located within the official district boundaries of an active, certified Florida Main Street community.
Tax credits have proven to be effective tools for revitalizing historic places, providing affordable housing and supporting economic development.
How Can You Help?
There are three ways you can help advocate for this important preservation tool during the 2022 Legislative Session. They are:
1. Call or email your state representative and ask them to sign on to Rep. Salzman's House Bill 247 as a cosponsor. As we continue our advocacy efforts, we will be seeking bipartisan support through cosponsors. You can locate your state representative here. Because we want every House member’s support don't feel limited to contacting just your representative, please contact any House member you may know and ask them to sign on as a cosponsor House Bill 247.
2. Call or email your state senator and ask them to sign on to Senator Rodriguez’s Senate Bill 1310 as a cosponsor. The same as the House Bill, we need as many Senate cosponsors as possible. You can locate your state senator here.
3. Finally, reach out to any member of the House Tourism, Infrastructure, and Energy Committee and ask them to support House Bill 247. It could be heard in this committee and voted as soon as next week.
Making the Ask.
You can copy and paste the message below to send as emails to your representative and senator. Or, if you would like, feel free to share your own message about why a state historic tax credit is important for Florida's historic places.
Historic places are a vital part of Florida's story. They build and strengthen communities, increase wellbeing, support local economies and encourage tourism. They can be part of the solution for affordable housing, place building, driving main street business and lowering our carbon footprint. To make all this happen, Florida needs an economic incentive to make preservation a viable solution for our historic places.
I am writing you today to ask you to cosponsor the Main Street Tourism and Historic Revitalization Act. This historic preservation initiative is a non-partisan solution to preserving our state's historic places. Currently, Florida is one of only 11 states that does not offer a historic preservation tax credit.
While this Act benefits all of Florida, it is especially important for Florida's Main Street communities, which would see a 30 percent tax credit for eligible preservation and rehabilitation costs. It would be an important tool to strengthening the Main Streets which are at Florida's heart.
Please consider joining your colleagues in sponsoring the Main Street Tourism and Historic Revitalization Act.