On the recordMay 23, 2023
Madam Speaker, May marks National Preservation Month. This year's theme is ``People Saving Places.'' This Congress can do that by supporting the Historic Tax Credit Growth and Opportunity Act. This bipartisan bill, which I introduced with Congressmen LaHood and Blumenauer, builds on the success and lasting benefits of the Federal historic tax program. Over the last two decades, my western New York community has seen over $1.2 billion of investments in more than 250 rehab projects made possible thanks to historic tax credits. Across the Nation, historic tax credits have driven $122 billion in private investment and supported millions of jobs. By restoring and expanding the historic tax credit program through the Historic Tax Credit Growth and Opportunity Act, we give the country an opportunity to rebuild stronger and communities the tools to invest in the revitalization of their neighborhoods. ____________________





