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Proposed Federal Tax Policy Reform: Federal Historic Preservation Tax Credit and State and Local Tax Deductibility Copyrighted October 3, 2017 City of Dubuque Action Items # 1. ITEM TITLE: Proposed Federal Tax Policy Reform: Federal Historic Preservation Tax Credit and State and Local Tax Deductibility SUMMARY: City Manager recommending Mayor and City Council approval to adopt two resolutions related to the new proposal coming from the Congressional and Executive branches to reduce federal income taxes. RESOLUTION of the City Council of the City of Dubuque, Iowa Affirming Its Support of The Federal Historic Tax Credit Program RESOLUTION of the City Council of the City of Dubuque, Iowa Affirming Its Support of The State And Local Tax (Salt) Deduction SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s) ATTACHMENTS: Description Type Proposed Federal Tax Policy Reform-MVM Memo City Manager Memo Staff memo Staff Memo Resolution-Historic Preservation Resolutions Resolution SALT Resolutions Prosperity Through Preservation Supporting Documentation Federal Historic Tax Credit Projects Supporting Documentation National HTC Sign on Letter Supporting Documentation Politico Pro Article Supporting Documentation Historic Tax Credits Information Supporting Documentation Protect the State and Local Tax SALT Supporting Documentation Impact of Eliminating the State and Local Tax Deduction Supporting Documentation Dubuque THE CITY OF III1ij B E All-America City Masterpiece on the Mississippi 2007•2012•2013•2017 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Proposed Federal Tax Policy Reform: Federal Historic Preservation Tax Credit and State and Local Tax Deductibility DATE: October 2, 2017 Assistant City Manager Teri Goodmann is recommending Mayor and City Council approval to adopt two resolutions related to the new proposal coming from the Congressional and Executive branches to reduce federal income taxes. Two provisions are of particular concern and these resolutions oppose inclusion of these in the federal tax code. The City position would be in opposition of the elimination of the Federal Historic Tax Credit and elimination of the federal tax deduction for the payment of state and local property taxes. I concur with the recommendation and respectfully request Mayor and City Council approval. Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Teri Goodmann, Assistant City Manager Cori Burbach, Assistant City Manager Dubuque THE CITYOF 111)1_ B E AII•AmericaCity Masterpiece on the Mississippi I I I I® 2007•2012•2013•2017 TO: Michael C Van Milligen, City Manager FROM: Teri Goodmann, Assistant City Manager SUBJECT: Proposed Federal Tax Policy Reform: Federal Historic Preservation Tax Credit and State and Local Tax Deductibility DATE: October 2, 2017 Background County, State and Federal government decisions directly and indirectly impact City government. Understanding the mutuality of these relationships, the City of Dubuque works in partnership with other levels of government on a regular basis to promote good will and the City Council's goals and priorities. Some examples include: City support of the annual Dubuque Area Chamber of Commerce Fly-In, the City of Dubuque's annual August Congressional Staff Visit, City sponsorship support of Dubuque Night in Des Moines and regular communication with elected officials in county, state and federal government. The City staff also maintain membership in the Iowa and National League of Cities, the Metro Coalition, Smart Growth Developers and other organizations to maintain up to date information on proposed legislative actions of the state legislature and the US Congress. The City also identifies its own state and federal legislative priorities each year. These legislative priorities are gathered each fall from department managers and local, regional and national partners and submitted to the City Council for review and approval. Understanding and participating in intergovernmental relations brings leveraged benefits to the citizens of Dubuque in the form of programs, policies and funding opportunities that achieve City Council goals and priorities. Partnership with County, State and Federal governments are an essential component of City success. Service People Integrity Responsibility Innovation Teamwork Discussion The U.S. Congress is currently reviewing proposed tax policy reform with a goal of reducing corporate tax levels from 35% to 20%. City staff and partners from Smart Growth Developers, National Trust for Historic Preservation, the Iowa League of Cities and others have been watching and reviewing the proposed tax policy reforms and consequent impacts on the City. Two issues in federal tax policy reform are cause for serious concern: • elimination of the Federal Historic Preservation Tax Credit. • elimination of the ability for taxpayers to deduct state and local taxes. The City of Dubuque has received more Federal Historic Preservation tax credits (FHTCs) than any other city in the State of Iowa. These credits are used to restore and repurpose historic buildings that have been either fallen into disrepair, been abandoned or are underutilized. The FHTCs in Dubuque alone have had a direct impact of$34 million in FHTCs and a leveraged economic impact of$183 million and have created over 3,400 jobs. Main Street Dubuque Director Dan LoBianco has reported that since 1985, almost $1 billion has been invested in Dubuque as a result of the federal and state historic tax credits. Elimination of this program would create a severe setback to the City and its partners. The State and Local Tax Deduction prevents taxpayers from being taxed twice on the same income by allowing deduction of local and state taxes from federal income tax. This deduction also gives the City of Dubuque and other cities across the country the ability to raise necessary funds for workforce development, education, safety, community development and infrastructure. Eliminating the State and Local Tax Deduction does not reform the federal tax code, it merely shifts the burden of funding to the property tax payers in cities and towns. Recommended Action Mayor and City Council pass the two resolutions officially indicating the City of Dubuque's position on the Federal Historic Preservation Tax Credit and the State and Local Tax (SALT) Deduction thereby supporting Dubuque's property tax payers, local control and also the continued sustainable redevelopment of our historic city in partnership with the federal, state and private sector with a goal of leveraging increased workforce and jobs and maintaining our nationally significant architectural landscape. Service People Integrity Responsibility Innovation Teamwork RESOLUTION NO. 334-17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA AFFIRMING ITS SUPPORT OF THE FEDERAL HISTORIC TAX CREDIT PROGRAM WHEREAS, the Federal Historic Tax Credit program (FHTC program) in its current form was enacted by Congress and the Reagan Administration to attract capital to historic rehabilitation projects that help stimulate local economies; and WHEREAS, since its inception the FHTC program has had tremendous impact nationwide, creating over 2.4 million jobs, rehabilitating more than 42,000 buildings, and leveraging $131.8 billion in private investment; and WHEREAS, because of the FHTC program, the State of Iowa has experienced exceptional economic growth. From 2002 to 2016, the FHTC program invested $195 million in 257 projects across Iowa. That amount leveraged an additional $979 million of private investment, for a total investment of almost $1.2 billion. These projects created 10,817 permanent jobs and an additional 8,997 construction jobs with a total income, net of taxes, of almost $1.1 billion. Most importantly, the income generated by these jobs and businesses added $229 million to local, state and federal tax coffers, with the federal government realizing a revenue gain of $174 million; and WHEREAS, the FHTC program leverages four private dollars for every dollar of federal support. FHTC program projects are catalytic, generating addition real estate investment in nearby properties spurring an area -wide revitalization cycle. To date, the $25 billion in federal historic tax credits issued over the life of the FHTC program has generated more than $30 billion in federal tax revenue, a net gain to the federal treasury of $5 billion; and WHEREAS, the FHTC program, combined with the Iowa Historic Tax Credit, is a powerful tool that has led to the redevelopment of such vacant, blighted and/or underutilized buildings in Dubuque as the Cottingham & Butler Headquarters (former Stampfers/Security Building), the Town Clock Building, several buildings on Upper Main and the Old Main District, the Roshek Building, Hotel Julien, Cooper Wagon Works, the Franklin School Apartments, Cathedral Square Apartments, CARADCO Building/Schmid Innovation Center, Novelty Iron Works, Linseed Lofts, the Riverview Apartments, the Francis Apartments and many others. Because of the FHTC program, these buildings were returned to both full utilization and to the local tax rolls; and WHEREAS, there remains over one million square feet of vacant or underutilized space in Dubuque buildings in need of rehabilitation which would qualify for the Federal Historic Tax Credit, including buildings on Main Street, Central Avenue, the Millwork District, and the Dubuque Brewing and Malting Complex (former H&W terminal) on the far north side. Rehabilitation of most of these buildings and sites will not be financially feasible without the Federal Historic Tax Credit. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Dubuque that the Dubuque City Council supports the Federal Historic Tax Credit program and urges President Trump and the Congress to continue the Federal Historic Tax Credit program. BE IT FURTHER RESOLVED by the City Council of the City of Dubuque that the Dubuque City Council urges Congressman Rod Blum, Senator Chuck Grassley and Senator Joni Ernst to fully support Federal Historic Tax Credit Program and to refrain from supporting any tax reform proposal that does not include the Federal Historic Tax Credit Program. Passed, approved, and adopted this 3rd day of October, 2017. /, Attest: Kein S. Firr sttaiil,--City Clerk M4 • Roy D. Buol, Mayor RESOLUTION NO. 335-17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA AFFIRMING ITS SUPPORT OF THE STATE AND LOCAL TAX (SALT) DEDUCTION WHEREAS, the State and Local Tax (SALT) Deduction has been in existence since the federal income tax was adopted in 1913; and WHEREAS, the SALT Deduction policy respects the independent state and local government tax structures and contributes to growth and stability by providing local tax revenues for essential services; and WHEREAS, the SALT Deduction policy supports local property taxpayers by ensuring they are not doubly taxed and preventing double taxation; and WHEREAS, The SALT Deduction provides for local government's ability to build and maintain infrastructure including schools, sewers and public transportation systems and supports other essential services which are paid for by revenues generated by local taxes; and WHEREAS, the SALT Deduction is fundamental to the way the City of Dubuque creates a budget and provides essential services to its citizens and is a cornerstone of fiscal federalism which has existed for over 100 years; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: 1. The City Council of Dubuque supports the SALT Deduction policy and urges President Trump and the Congress to continue to support the SALT Deduction program. 2. The City Council of the City of Dubuque urges Congressman Rod Blum, US Senator Charles Grassley and US Senator Joni Ernst to fully support the continuation of the SALT Deduction policy and refrain from supporting tax policy reform that would negatively impact the City of Dubuque and its citizens. Passed, approved and adopted this 3rd day of October, 2017. e -y a Roy D. Buol, Mayor Attest: Kevi S°. Irnstah`r, Citytlerk F:\Users\tsteckle\Brumwell\Resolutions\SALT 100217.docx Prosperity through Preservation Protect and Enhance the Hiatt no Tax Credit Preserve and Enhance the Federal Historic Tax Credit • The Historic Tax Credit (HTC) encourages private investment in the rehabilitation of historic buildings.The credit attracts private capital—$131 billion since inception—to revitalize often abandoned and underperforming properties that have a financing gap between what banks will lend and the total development cost of the transaction. • The credit in turn generates new economic activity by leveraging private dollars to preserve historic buildings and create jobs; through 2016,the rehabilitation of 42,293 historic buildings has created more than 2.4 million jobs.The HTC can be adapted to provide targeted and timely economic help to areas with special needs. For example, the HTC was temporarily increased to 26% to help rebuild New Orleans after Hurricane Katrina through the GO-ZONE Act of 2005. • The HTC benefits local communities, especially our nation's urban core and rural areas. Over 40% of projects financed in the last fifteen years are located in communities with populations of less than 25,000. • In addition to revitalizing communities and spurring economic growth, the HTC returns more to the Treasury than it costs. In fact,Treasury receives$1.20-1.25 in tax revenue for every dollar invested.According to a study commissioned by the National Park Service, since inception, $25.2 billion in federal tax credits have generated more than $29.8 billion in federal tax revenue from historic rehabilitation projects • Tax reform aimed at growing the economy should enhance.not diminish the HTC. Historic rehabilitation projects frequently have higher costs, greater design challenges, and weaker market locations—all of which results in lender and investor bias against investments in rehabilitation.The Historic Tax Credit Improvement Act enjoys solid bipartisan support and would enhance the HTC by directing more investment to small business transactions along older Main Street corridors. Specifically, the bill creates a 30% credit for small deals to make these transactions more attractive to outside investors who tend to favor much larger investment opportunities. In addition, the bill allows the historic tax credits in these small transactions to be transferred with lower transaction costs, as a tax certificate, making it easier for small business owners to bring outside investment into smaller transactions. Historic Tax Credit Coalition 1202.567.2900 www.historiccredit.com National Trust for Historic Preservation 1202.588.6000 www.savingplaces.org Prosperity through Preservation Protect arid.Enhance the Htatcric Tax Credit Background: • The HTC was initially enacted in 1978 and made permanent in the tax code in1986. • Thirty-four states across the country, including Louisiana,Wisconsin,Texas, Ohio, Missouri, North Carolina, and Virginia, recognize the economic developmentpotential of historic rehabilitation and have enacted individual state Historic Tax Credit programs that work in tandem with the federal program. • As an economic activity,historic rehabilitation greatly outperforms new construction in job creation. Rehabilitation project costs are on average 60 percent labor and 40 percent materials compared to new construction,which is about 40 percent labor and 60 percent materials. In addition to hiring local labor, historic rehabilitation materials are more likely to be purchased locally.As a result,approximately 75 percent of the economic benefits of these projects remain in the communities where these buildings are located. • The HTC is administered by the National Park Service and the Internal Revenue Service in conjunction with the State Historic Preservation Offices. It is comprised of two distinct and separate tax credits used to rehabilitate historic buildings including vacant schools,warehouses,factories,retail stores, apartments, hotels and office buildings throughout the country: c The 20 percent credit. The 20 percent credit applies only to certified historic structures. A certified historic building is one that is listed individually on the National Register of Historic Places, or contributes to the character of a National Register-listed Historic District. The 20 percent credit is available for any income producing property, including residential rental projects. o The 10 percent credit. The 10 percent credit is for the rehabilitation of non- historic, non-residential buildings built before 1936. Historic Tax Credit Coalition 1202.567.2900 www.historiccredit.com National Trust for Historic Preservation 1202.588.6000 www.savingplaces.org FEDERAL HISTORIC TAX Iowa CREDIT PROJECTS A total of 257 Federal Historic Tax Credit projects received Part 3 certifications from the National Park Service between fiscal year 2002 through 2016, resulting in over$1 billion in total development. Data source: National Park Service, 2017 • pirit Lake ecorah Spencer °Mason City oS villa West Union 35 •Sum r Sioux City rrill 12 Cedar FaIlsWaterloo o� Dubuque ®Fort Dodge Iowa Falls • • IndependenceES 129 Eldora CO New Providence • Marion Ma uoke 2s Denison Jefferson mes StataCenter Cedar Ra ids • p • • 0 0 Marshalltown •Mt.Vernon Cli ton Dunlap *Perry 1/oodbine • y Des MoinesGrinnell 3 it, 0 42 ___ _ ® to Iowa CityTipton Shelby Stuar 235 Cr`"` Davenportt- Claire 680 Musca' Greenfield Oskaloosa Washington 8 Vncii Bluffs 0Per 0 • • Red Oak•CornineCreston Osceola *Chariton :1 :urlington Clarinda Bloomfield 4 • Bedford • Keokuk 3 Federal Historic Tax Credit Projects ID 1 0 6 to 10 N 0 25 50 100 150 N I Miles 1 2 to 5 0 11 and over Provided by the National Trust for Historic Prosperity, Preservation and the Historic Tax Credit Coalition through Save the Historic Tax Credit For more information, contact Shaw Sprague, Director of Government Relations&Policy I (202) 588-6339 I ssprague@savingplaces.org State of Iowa conomic Impacts of HTC Investment, FY 2002-2016 Total Number of Projects Rehabilitated: 257 Total Development Costs: $1,173,372,442 Total Qualified Rehabilitation Expenditures: $973,899,127 Federal HTC Amount: $194,779,825 Total Number of Jobs Created: 19,814 Construction: 8,997 Permanent: 10,817 Total Income (Net of Taxes) Generated: $1,090,589,400 Household: $589,532,700 Business: $501,156,700 Total Taxes Generated: $229,128,600 Local: $28,027,600 State: $26,988,600 Federal: $174,112,400 Iowa Historic Tax Credit Projects, FY 2002 - 2016 Qualified Project Name Address City Year Rehabilitation Use Expenditures Sigma Sigma-Delta Chi Fraternity 401 Hayward Avenue Ames 2010 $820,373.00 Hotel House Iowa Beta Chapter Of Sigma Epsilon 228 Gray Avenue Ames 2012 $2,135,467.00 Housing Delta Upsilon Chapter House 117 Ash Avenue Ames 2013 $1,802,048.00 Housing Bedford Battery Company 510 Central Ave Bedford 2011 $696,865.00 Other J.H. Leon Building 104 S.Washington Bloomfield 2012 $145,838.00 Multi-Use Hedge Building 401 Jefferson Street Burlington 2011 $499,000.00 Office Jones Block 404 Jefferson Burlington 2012 $455,718.00 Multi-Use Lyman Cook'S Block 400 Jeffersonn Burlington 2012 $455,718.00 Multi-Use First United Methodist Church of 421 Washington Street Burlington 2013 $9,820,000.00 Other Burlington John Boesch Company 416 Jefferson Street Burlington 2014 $2,344,000.00 Other The Black Hawk Hotel 115 Main Street Cedar Falls 2005 $826,000.00 Hotel 1234-38 4Th Avenue Brown Apartments Cedar Rapids 2009 $2,268,322.00 Housing S.E. Modern Bakery-Joseph Pechacek 88 16Th St Sw Cedar Rapids 2010 $250,000.00 Other Building F&J Water Softner Co.Building 74 16Th Ave. Sw Cedar Rapids 2011 $55,243.00 Multi-Use South End Market And Commercial 72 16Th Ave. Sw Cedar Rapids 2011 $125,580.00 Multi-Use Club Building Printing Company Building 62 1/2 16Th Ave. Sw ° Cedar Rapids 2011 $273,980.00 Commercial Citizens Savings Bank Building 99 16Th Ave.Sw Cedar Rapids 2011 $300,641.00 Multi-Use Frank Lizicar Building 62 16Th Ave. Sw Cedar Rapids 2011 $303,335.00 Multi-Use Pochobradsky Building 97 16Th Ave. Sw Cedar Rapids 2011 $342,242.00 Multi-Use Zcbj 1200 3Rd St. Se Cedar Rapids 2011 $453,653.00 Commercial Cedar Rapids Post Office And Public 302 2Nd Avenue Se Cedar Rapids 2011 $1,534,046.00 Multi-Use Building The Roosevelt Apartments (Hotel 200 First Avenue Ne Cedar Rapids 2011 $9,224,751.00 Housing Roosevelt) Best Oil And Refining Company 624 12Th Avenue Se Cedar Rapids 2012 $244,408.00 Other Hose Station No.4 1111 3Rd Street Se Cedar Rapids 2012 $261,842.00 Multi-Use C.S.P.S Hall 1101-1107 3Rd St.Se Cedar Rapids 2012 $6,402,859.00 Multi-Use Jacobs Building 1121 3Rd St.Se Cedar Rapids 2013 $65,200.00 Multi-Use John Krejci Grocery Building 1125 3Rd St. Se Cedar Rapids 2013 $76,626.00 Commercial The Cherry Building 329 Tenth Avenue Se Cedar Rapids 2013 $285,909.00 Office Suchy Building 1006 3Rd Street Se Cedar Rapids 2013 $412,997.00 Multi-Use Averill Glenn M. and Edith House 616 4th Avenue SE Cedar Rapids 2013 $629,562.00 Office Cedar Rapids Federal Building 101 1st Street SE Cedar Rapids 2013 $10,361,924.00 Office Paramount Theatre 121-127 3Rd Ave Se 305 Cedar Rapids 2013 $26,499,679.00 Other 3072Nd St Se Peoples Savings Bank 101 3rd Avenue SW Cedar Rapids 2014 $848,856.00 Not Reported Blazej Residence 1117 3rd St SE Cedar Rapids 2015 $131,595.00 Housing Great A&P Tea Company Building 101 3rd Avenue SW Cedar Rapids 2015 $694,475.00 Commercial Fritz Food Market 59 16th Avenue SW V Cedar Rapids 2015 $1,217,059.00 Commercial Gatto Building 102 3rd Ave SE Cedar Rapids 2016 $576,153.00 Multi-Use Hotel Charitone 831 Braden Avenue Chariton 2015 $5,482,355.00 Multi-Use Clarinda Carnegie Library 300 N 16th St Clarinda 2015 $1,260,000.00 Other 5Th Avenue And South Van Allen&Son Dept.Store 2Nd Street Clinton 2003 $2,905,000.00 Multi-Use Howes Building(Howes Block) 419-425 2Nd Street Clinton 2006 $22677,873.00 Office South Moeszinger-Marquis Hardware Co. ,1 South 2Nd Street Clinton 2007 $2,357,540.00 Multi-Use (C.E.Armstrong&Sons Co.) �` Corning Opera House 800 Davis Ave Corning 2013 $3,461,535.00 Other States Savings Bank Building 509 W. Broadway Council Bluffs 2001 $395,651.00 Other John J.And Agnes Shea House 309 South 8Th Street Council Bluffs 2002 $109,845.00 Hotel Bennett Building 405 West Broadway Council Bluffs 2002 $3,543,000.00 Housing Vavra'S Dry Goods 142 W. Broadway Council Bluffs 2008 $248,917.00 Multi-Use Bradley'S Academy 136-140 W.Broadway Council Bluffs 2008 $746,753.00 Multi-Use Creston House 215 South Main Stret Council Bluffs 2011 $2,258,730.00 Office 149 153&161 West Hughes-Irons Motor Company Broadway Council Bluffs 2011 $32750,000.00 Multi-Use Pioneer Implement Company 1000 South Main Street Council Bluffs 2011 $9,706,937.00 Housing Hotel lowana 203 West Montgomery Creston 2012 $4,771,919.00 Housing Street Davies House 901 Tremont Ave. Davenport 2003 $3,800,000.00 Multi-Use Upham Hall 1607 W. 12Th Street Davenport 2005 $1,725,000.00 Housing Lawlor Hall 1607 W. 12Th Street Davenport 2005 $1,882,426.00 Housing Chicago Rock Island And Pacific Railroad Freight Station 505 Iowa Street Davenport 2005 $2,129,970.00 Housing North Hall-Petersen Hall 1607 W. 12Th Street Davenport 2005 $6,929,082.00 Housing Crescent Macaroni And Cracker Company Building 427 Iowa Street Davenport 2005 $8,976,302.00 Housing P West Hall 1607 W. 12Th Street Davenport 2006 $450,000.00 Housing Renwick House 901 Tremont Avenue Davenport 2006 $500,000.00 Office Mississippi Lofts 1o6 East 3Rd Street Davenport 2007 $8,000,000.00 Multi-Use Ewert And Richter Express And 316-320&322-324 E. Davenport 2007 $9,325,596.00 Multi-Use Storage Company Building 4Th Street Adler Theatre 138 East Third Street Davenport 2007 $15,467,902.00 Other Linograh Company Building 42o West River Drive Davenport 2009 $7,701,175.00 Other Cone Library 1607 W. 12Th Street Davenport 2010 $2,043,549.00 Housing Taylor Elementary School 1400 Warren Street Davenport 2011 $5,193,104.00 Housing John Forrest Block Building 401-405 Brady Street Davenport 2011 $6,059,584.00 Multi-Use Blackhawk Hotel 200 East Third Street Davenport 2011 $44,684,876.00 Other Kerker Paper Box Company 315 East 5Th Street Davenport 2012 $2,911,965.00 Housing Best Residence and Auto House 627 Ripley Street Davenport 2013 $154,174.00 Housing Jackson School/School No.6 1420 West 16th Street Davenport 2014 $6,367,370.00 Housing American Commercial and Savings Bank 201 W 3rd Street Davenport 2014 $8,100,000.00 Multi-Use Renwick Building 324 Brady Street Davenport 2014 $9,416,362.00 Multi-Use Democrat Building 407-411 Brady Street Davenport 2015 $4,061,160.00 Multi-Use Sieg Iron Company aka 5th Street Lofts 500 Iowa Street Davenport 2015 $6,220,415.00 Multi-Use Smith Brothers and Burdick Company Building 427 Pershing Avenue Davenport 2015 $10,109,446.00 Multi-Use Union Savings Bank and Trust 229 Brady St Davenport 2016 $14,456,009.00 Housing Decorah Woolen Mill 107 North Court Street Decorah 2003 $1,474,774.00 Housing Steyer Opera House 102-104 W.Water Street Decorah 2004 $1,181,026.00 Multi-Use The Carey House 1502 1St Avenue North Denison 2008 $60,007.00 Hotel The Teachout Building 500 East Locust Des Moines 2002 $1,064,380.00 Multi-Use Masonic Temple Building 1011 Locust Street a Des Moines 2002 $6,401,200.00 Multi-Use Hallett Flats- Rawson Apts. 1301-1307 Locust Street Des Moines 2003 $2,800,000.00 Multi-Use Herndon Hall 2000 Grand Avenue Des Moines 2004 $718,536.00 Office Standard Glass And Paint Company 112 ioTh Street Des Moines 2006 $3,807,850.00 Housing Herring Motor Car Company Building 110 loTh Street Des Moines 2006 $4,846,355.00 Housing Hubbell Building 904 Walnut Street Des Moines 2006 $7,819,455.00 Multi-Use Kirkwood Hotel 400 4Th Street Aka 400 Des Moines 200 Walnut Street 7 $11,491,842.00 Housing Name Not Reported 834- 19Th Street Des Moines 2008 $174,000.00 Multi-Use Newens Sanitary Dairy Building 2300 University Avenue! Des Moines 2008 $1,653,262.00 Multi-Use 11 Harrington Apartments 677 16Th Street Des Moines 2008 $1,929,364.00 Housing Des Moines Western Railyway Freight 625 East Court Avenue Des Moines 2008 $2,912,856.00 Office House C.C.Taft Company Commercial Block 216-222 Court Avenue Des Moines 2008 $6,227,793.00 Commercial Hawthorn Hill 921 Pleasant Street Des Moines 2008 $7,020,755.00 Housing Seth Richards Commercial Block 300-310 Court Avenue Des Moines 2008 $9,058,455.00 Multi-Use National Biscuit Company Flats 1001 Cherry Street Des Moines 2009 $865,350.00 Housing D.S.Chamberlain Building 1312 Locust Street Des Moines 2009 $6,089,292.00 Multi-Use Baker-Devotie-Hollinsworth 516-526 East Grand Des Moines 2010 $1,827,510.00 Multi-Use Blocks(Studio Block) Avenue 340 Southwest 5Th Hawkeye Transfer Company Street Des Moines 2010 $10,675,220.00 Multi-Use Liberty Building 418 Sixth Avenue Des Moines 2011 $20,261,302.00 Multi-Use Oliver Herrick'S Post Office 3600 6Th Avenue Des Moines 2012 $357,136.00 Multi-Use Murillo Flats 611 16Th Street Des Moines 2012 $484,622.00 Housing Rumely-Des Moines Drug Company no Southwest Fourth Building Street Des Moines 2012 $13,625,000.00 Housing Reiley Apartments 1534 Woodland Avenue ° Des Moines 2013 $115,348.00 Housing Emerson Apartments 718-18Th Street Des Moines 2013 $248,542.00 Housing Elliott Furniture Company Block 424 East Locust Street Des Moines 2013 $633,771.00 Multi-Use Portwell Flats(b41 19Th Street)And 1821 Woodland Avenue Wellsport Flats (1821 Woodland 64119Th Street Des Moines 2013 $2,767,586.00 Housing Avenue) F.W.Fitch Company Soap Plant 1514 Walnut Street Des Moines 2013 $3,230,234.00 Multi-Use Crane Building 1440 Walnut St. Des Moines 2013 $6,999,548.00 Housing 739 17th Street Ahrens Apartments Des Moines 2014 $150,000.00 Housing Garver House 721 16th Street Des Moines 2014 $550,000.00 Housing Boyt Company Building 210 Court Avenue Des Moines 2014 $681,332.00 Multi-Use The Lexington 1721 Pleasant Street Des Moines 2014 $798,000.00 Housing Studebaker Corporation Branch Office 2 Building 1436-42 Locust Street Des Moines 2014 $5,925,720.00 Multi-Use Hawkeye Transfer Warehouse 702 Elm Street Des Moines 2014 $7,146,627.00 Housing Fleming Building 218 6th Avenue Des Moines 2014 $17,704,781.00 Housing Franklin Apartments Roods House Antes House Coffin Apartments 1811 6th Avenue Des Moines 2015 $482,297.00 Multi-Use Plymouth Place 4111 Ingersoll Avenue Des Moines 2015 $10,566,178.00 Multi-Use Des Moines Building 405 6th Ave Des Moines 2015 $29,520,750.00 I Multi-Use Cora E.James House 1910 Pleasant St Des Moines 2016 $60,000.00 Housing Name Not Reported 1924 Leyner St Des Moines 2016 $220,000.00 Housing American Republic Insurance Company Headquarters Building 6o1 6th Ave Des Moines 2016 $30,429,431.00 Office Town Clock Building 823-825 Main Street Dubuque 2002 $2,963,164.00 Office Iowa Inn/Dubuque Ymca 125 W.9Th Street Dubuque 2003 $3,342,578.00 Housing Weber Paper Building 137-153 Main Street Dubuque 2004 $3,373,043.00 Multi-Use Ziepprecht Block 1347-53 Central Avenue Dubuque 2005 $2,559,623.00 Multi-Use 1301-1307 Central John Bell Block Avenue Dubuque 2005 $4,550,441.00 Multi-Use Name Not Reported 248 West 11Th Street Dubuque 2006 $497,020.00 Housing South Cooley 1042 Main Street Dubuque 2006 $1,066,022.00 Multi-Use North Cooley 1066 Main Street Dubuque 2006 $1,171,714.00 Multi-Use Curtis Apartments 1069 Main Street Dubuque 2006 $1,252,239.00 Multi-Use Burden Building 1091 Main Street Dubuque 2006 $1,324,229.00 Multi-Use Rolling Bootery 1086 Main Street Dubuque 2007 $826,940.00 Multi-Use Dubuque Casket Company 1798 Washington Street Dubuque 2007 $5,097,137.00 Multi-Use German Bank 342 Main Street Dubuque 2008 $1,582,043.00 Multi-Use Dubuque Star Brewery 500 East 4Th Street Dubuque 2008 $7,949,926.00 Multi-Use Rev.H. Fleke Duplex 759 Bluff Street Dubuque 2009 $1,220,162.00 Housing Interstate Power Company Building 131 W loTh Street Dubuque 2009 $2,263,213.00 Office The Security Building 800 Main Street Dubuque 2009 $10,898,271.00 Office Julien Inn 200 Main Street Dubuque 2010 $22,947,455.00 Hotel 299 Main Street&206- Cooper Wagon Works Building 210 W.3Rd Street Dubuque 2011 $1,703,000.00 Housing St.Raphael School 205 Bluff Street Dubuque 2011 $3,774,443.00 Housing Roshek Brothers Department Store 250 West 8Th Street Dubuque 2011 $42,664,086.00 Multi-Use Michael O'Brien Rowhouse#4 1132 Locust Dubuque 2012 $394,746.00 Housing Senator William B.Allison Residence 1134 Locust Dubuque 2012 $477,722.00 Housing Shields&Bradley Block/M.M.Walker 40-42 Main Street Dubuque 2012 $10,705,151.00 Multi-Use Wholesale Fruit Company Warehouse Bonson'S Block r 356 Main Dubuque 2013 $1,442,649.00 Housing Engine House Number 1 1805 Central Avenue Dubuque 2013 $2,113,081.00 Other Franklin School 39 Bluff Street Dubuque 2013 $2,137,819.00 Housing Name Not Reported 407-409 Loras Blvd Dubuque 2014 $471,318.00 Multi-Use Bayless Business College 1005 Main Street Dubuque 2014 $1,723,653.00 Multi-Use Noyes Building 965 Main Street Dubuque 2015 $459,520.00 Housing Sullivan House 426-428 West 5th Dubuque 2015 $530,428.00 Multi-Use Peterson Hall 955-57 Main Street Dubuque 2015 $620,835.00 Multi-Use Carr Ryder&Adams Company Building 90o Jackson Street Dubuque 2015 $29,180,742.00 Multi-Use Kistler Building 951 Main St Dubuque 2016 $657,014.00 Commercial I Christopher Mason Hardware Store 253 Main St Dubuque 2016 $697,319.00 Housing Linseed Oil and Paint Works Company 901 Jackson St Dubuque 2016 $5,143,263.00 Multi-Use I.O.O.F Hall 613-615 Iowa Ave Dunlap 2010 $412,253.00 Multi-Use Eldora Mutual Telephone Office 1318 14Th Ave Eldora 2011 $96,659.00 Multi-Use First National Bank Building 629 Central Avenue Fort Dodge 2004 $3,701,349.00 Housing Wahkonsa Hotel(Wahkonsa Manor) 927 Central Avenue Fort Dodge 2009 $9,348,480.00 Multi-Use Prusia Hardware Company Building 610 Central Ave Fort Dodge 2015 $8,510,476.00 Housing Adair County Democrat/Adair County 108 East Iowa Greenfield 2012 $1,067,418.00 Multi-Use Free Press Building Hotel Greenfield 110 East Iowa Greenfield 2012 $1,134,250.00 Hotel E.E.Warren Opera House And 156 Public Square Greenfield 2013 $6,467,879.00 Other Hetherington Building Pioneer Oil Company 831 West Street Grinnell 2011 $198,113.00 Other Spencer Block 801 4Th Street Grinnell 2013 $174,487.00 Multi-Use The Eagle Block 803-805 Fourth Avenue Grinnell 2015 $307,653.00 Multi-Use H.C.Spencer Warehouse 808 Commercial St Grinnell 2015 $486,500.00 Other Farmers Mutual Reinsurance Building 821 5th Ave Grinnell 2015 $530,021.00 Office Weins Building 129-131 2Nd Ave. Ne Independence 2003 $164,208.00 Multi-Use Englert Theatre(Aka Englert Civic 221 E.Washington Theatre) Street Iowa City 2006 $5,155,082.00 Multi-Use Sigma Pi Fraternity House/Catholic Student Center 108 Mclean St. Iowa City 2013 $1,021,552.00 Housing Bowery Street Grocery Store 518 Bowery St Iowa City 2016 $81,875.00 Commercial Hawthorne Glove&Novelty Co. 529 S Gilbert St Iowa City 2016 $1,420,398.00 Multi-Use First National Bank 601 Washington Avenue Iowa Falls 2010 $431,309.00 Other Name Not Reported 101 North Chestnut St. Jefferson 2015 $818,850.00 Commercial General William Worth Belknap House 511 N.3Rd Street Keokuk 2006 $143,000.00 Housing Hotel Iowa 401 Main Street Keokuk 2007 $7,152,964.00 Multi-Use Fellowship of Eagles Building 409 Blondeau St Keokuk 2015 $2,615,209.00 Multi-Use Parkhurst-Suiter Building 102 North Cody Road Le Claire 2004 $337,861.00 Multi-Use Hurst Hotel 227 South Main Street Maquoketa 2006 $3,500,000.00 Housing Memorial Hall 70611th St Marion 2016 $418,405.00 Multi-Use Nestle Building 14 E.Main Street Marshalltown 2004 $153,611.00 Office Tremont Building 20-28 W. Main Street Marshalltown 2005 $1,500,000.00 Multi-Use Strand Baking Company Building 208-216 E.Main Street Marshalltown' 2009 $664,451.00 Multi-Use Letts-Fletcher Company Building 201 East Main Street Marshalltown 2015 $4,463,331.00 Multi-Use Hotel Tallcorn 134 E.Main Street Marshalltown 2015 $9,275,434.00 Multi-Use 15 North Pennsylvania Mason City Ymca Avenue Mason City 2004 $5,391,49O.DO Housing 201&203 North Federal Great Atlantic&Pacific Tea Co. (A&P) Mason City 2009 $475,532.00 Multi-Use Ave. City National Bank Glass Block 1-3 South Federal Mason City 2010 $249,000.00 Commercial Building Avenue J.E.E.Markley Building 209-211 N.Federal Ave Mason City 2012 $411,046.00 Housing 2-4 South Federal City National Bank Avenue Mason City 2012 $5,911,039.00 Multi-Use Park Inn Hotel/City National Bank 15 West State Street/4 Mason City 2012 $5,911,039.00 Multi-Use South Federal Avenue Parker Opera House 23 N Federal Ave Mason City 2015 $2,970,031.00 Office loof Hall 124 1St Street Sw Mt.Vernon 2013 $209,198.00 Housing Welch Apartments Building 220-226 Iowa Avenue Muscatine 2006 $3,900,000.00 Housing New Providence Building Association 401-405 West Main New Stores Drive Providence 2014 $45,757.00 Commercial Osceola Masonic Block 101-103 South Main Osceola 2013 $2,100,000.00 Multi-Use Street Grant School 715 B.Avenue East Oskaloosa 2010 $3,650,544.00 Housing Lincoln School 922 B Avenue West Oskaloosa 2010 $3,693,053.00 Housing Oriental Food Store 114 High Avenue West Oskaloosa 2013 $1,303,172.00 Commercial Pizza Ranch(Malcolm Building) 124 High Avenue West Oskaloosa 2013 $1,924,444.00 Commercial Reruns Consignment 116 High Avenue Wes-TI Oskaloosa 2013 $2,092,155.00 Multi-Use Perry Post Office 1219 Warford Street Perry 2015 $400,000.00 Other Nicholas Schoenenberger House And Barn 2952 Millstream Ave Peru 2011 $58,699.00 Multi-Use Firehouse Brewery 318 East Washington Red Oak 2005 $420,000.00 Commercial Shelby Consolidated School 304 Western Avenue Shelby 2014 $5,830,000.00 Multi-Use Sherrill Mount House 5259 South Mound Sherrill 2007 $400,000.00 Commercial Krummann Building 1101 4Th Street Sioux City 2002 $471,515.00 Commercial The Plymouth Block Building 1100-10 Fourth Street Sioux City 2002 $7,800,000.00 Multi-Use New Orpheum Theatre 520-28 Pierce Street Sioux City 2002 $12,959,986.00 Multi-Use Martin Hotel 410 Pierce Street Sioux City 2003 $4,570,000.00 Housing Central High School 1212 Nebraska Street Sioux City 2004 $8,539,705.00 Housing Elzy G. Burkam House 1525 Douglas Sioux City 2005 $194,527.00 Hotel Commerce Building/Motor Mart Building 52o Nebraska Street Sioux City 2005 $1,883,004.00 Office Municipal Auditorium 500 Gordon Drive Sioux City 2005 $13,632,289.00 Other Evans Block 1126-1128 4Th Street Sioux City 2007 $2,455,602.00 Multi-Use Williges Building 613-615 Pierce Street Sioux City 2013 $1,662,680.00 Office Sioux City Linseed Oil Works 210 Court Street Sioux City 2013 $5,134,234.00 Multi-Use Sioux City Free Public Library 705 Sixth Street Sioux City 2014 $1,304,513.00 Multi-Use Old Spencer High School 104 East 4Th Street Spencer 2010 $4,749,169.00 Housing Farmers Trust And Savings Bank 323 Grand Avenue Spencer 2012 $479,341.00 Multi-Use Wenzil Taylor Building 331 South Main Street Spillville 2004 $461,261.00 Hotel Antler's Hotel 1703 Hill Avenue Spirit Lake 2008 $2,941,582.00 I Multi-Use Mid Iowa Publishing Co. 130 West Main Street State Center 2005 $22,151.00 I Office E.Rhode Building 124 West Main Street ° State Center 2005 $50,000.00 Multi-Use R.A.Buck Building 128 West Main Street State Center 2008 $98,500.00 Commercial Whitehill Brothers General Merchants 102 East Main Street State Center 2011 $488,835.00 Multi-Use Building Historic All Saints 32o N Fremont Stuart 2010 $3,000,000.00 Other Bank Of Sumner 118 W.First Street Sumner 2004 $558,750.00 Multi-Use Wiliam Green House 1709 Madison Street Tipton 2002 $55,000.00 Multi-Use New Graham Opera House/State 123 E Washington St Washington 2016 $782,568.00 Commercial Theatre Whittier School 1500 West 3Rd Street ° Waterloo 2004 $1,032,907.00 Housing Emerson School 314 Randolph Street Waterloo 2004 $2,243,044.00 Housing 200 East Arlington Roosevelt Elementary School Street Waterloo 2006 $2,875,000.00 Housing The Fowler Co. Building 226-228 E. 4Th Street Waterloo 2009 $2,014,777.00 Commercial Colonial Apartment Building 801-811W.4Th St. Waterloo 2011 $800,000.00 Housing Master Service Station (A.K.A.Bennett 500-504 Jefferson Tire&Battery Co.) Street Waterloo 2012 $357,994.00 Commercial Waterloo State Bank/Governor 217 W.4Th Street Waterloo 2012 $706,560.00 Multi-Use Horace Boies Law Office Model Laundry(Aka Repass Building) 326-330 E.4Th Street Waterloo 2012 $1,392,426.00 Other Russell-Lamson Building(Hotel 209 West Fifth Street Waterloo 2012 $12,352,338.00 Multi-Use Russell-Lamson) Newton'S Jewelers 128 E.4Th Street Waterloo 2013 $966,865.00 Other Pierce Building 208 E. 4th Street Waterloo 2015 $690,610.00 Commercial Peabody Block 206 E.4th Street Waterloo 2015 $714,327.00 Commercial C.A.Marsh Building 624 Sycamore Street Waterloo 2015 $750,000.00 Housing Elks Hall-H.M.Reed Building 616-622 Sycamore Street Waterloo 2015 $1,367,392.00 Multi-Use Steely Block 320 E 4th St Waterloo 2016 $3,445,875.00 Commercial Hotel President(Park Towers Apartments) 500 Sycamore St Waterloo — 2016 — $6,596,642.00 I Multi-Use Bank Block Zeiglers Hall 116 S Vine St West Union 2015 $550,000.00 Housing Union Drug Store 100 S Vine St West Union 2016 $343,316.00 Multi-Use Williamson Building 131 S Vine St West Union 2016 $1,116,442.00 Multi-Use Siebels'Department Store Addition 505 Walker Street Woodbine 2011 $499,001.00 Multi-Use Racket Shop 63 Fifth Street Woodbine 2012 $162,399.00 Other Siebel'S Department Store-Building#3 509 Walker Woodbine 2012 $454,929.00 Other 11 Woodbine Savings Bank 424 Walker Street a Woodbine 2012 $2,048,812.00 I Multi-Use NATIONAL 00h TRENCLOrs'4TC Historic IINIO1tlt Pill EVAIION 011.18:111) National Trust for Tax vg.�1` Historic Preservation" Credit NCSHPO 414 Satre the past.Enrich the future Coalition PRESERVAIION National Main Street 17 er Center September 22, 2017 The Honorable Orrin Hatch The Honorable Ron Wyden SH-1o4 Hart Senate Office Building SD-221 Dirksen Senate Office Building United States Senate United States Senate Washington, DC 20510 Washington, DC 20510 The Honorable Kevin Brady The Honorable Richard Neal 1011 Longworth House Office Building 341 Cannon House Office Building United States House of Representatives United States House of Representatives Washington, DC 20515 Washington, DC 20515 Dear Chairman Hatch, Ranking Member Wyden, Chairman Brady and Ranking Member Neal: On behalf of the undersigned businesses and organizations that strive to strengthen our nation's economy by preserving its rich history,we ask that you retain and enhance the historic tax credit as Congress develops legislation to reform the tax code. We strongly support the successful and longstanding federal policy of incentivizing the rehabilitation of our historic buildings. Incorporated into the tax code more than 35 years ago, the historic tax credit(HTC)is a widely- used redevelopment tool for underutilized properties, from inner cities to small towns across the country. The credit is the most significant investment the federal government makes to preserve our nation's historic properties. Since 1981 the credit has leveraged more than$131 billion in private investment, created more than 2.4 million jobs, and adapted more than 42,000 historic buildings for new and productive uses. Over 4o percent of HTC projects financed in the last fifteen years are in communities with populations of less than 25,00o. President Ronald Reagan praised the incentive in 1984, stating, "Our historic tax credits have made the preservation of our older buildings not only a matter of respect for beauty and history, but of course for economic good sense." Over the life of this federal initiative,the IRS has issued $25.2 billion in tax credits while generating more than$29.8 billion in direct federal tax revenue. As a result, the HTC is not only working as intended, but it also creates revenue for the federal government. Eliminating the HTC would deprive the Treasury of these receipts. With an average cost of$843 million over the last five years, its elimination would lower the current corporate tax rate by less than.1% —from 35%to 34.9%. Given that over its history, the HTC has returned an average of$1.20 to the Treasury for every credit dollar allocated, eliminating the HTC takes away from the economic growth anticipated from a reform of the tax code. When the HTC was examined by Congress in the lead up to the Tax Reform Act of 1986,tax writers concluded an incentive to rehabilitate historic structures remained justified.The report accompanying the legislation reasoned that without the HTC,market forces would drive investment away from more costly rehabilitation in our cities and small downtown areas and toward new construction in the suburbs where there is a higher investor rate of return. This justification is as valid today as it was then. Developers,both large and small, report that historic rehabilitation projects would not occur but for the HTC. The HTC fills a critical financing gap between a project's cost and what a bank will lend. Elimination of the HTC would result in a sharp decline in the rehabilitation of historic income producing properties in the United States and a loss of the additional development that is known to occur around historic tax credit projects. A successful reform of our nation's tax code aimed at growing the economy should look to HTCs as a widely embraced and successful solution to the economic challenges facing communities today. The economic revival of our downtowns,from the urban core to small Main Street towns, requires incentives like the HTC to focus investment where it is needed most. We ask that as you work to produce pro-growth tax reform legislation,you retain and enhance the HTC. Sincerely, Alaska Assoc.for Historic Preservation-AK Precision Engineering Inc.-AL Brown&Hawkins Corporation-AK Restoration 154-AL Catherine Fritz,Architect-AK Restore Mobile,Inc.-AL Nvision Architecture,Inc. —AK REV Birmingham-AL Providence Properties LLC—AK Sandra Nickel Hat Team,REALTORS-AL Quarter 54 Colony Rentals LLC-AK Temple Lodge,LLC-AL Robert A.Mitchell,A.I.A. Historical Architect- Ward Properties,Inc. -AL AK Argenta Arts Foundation-AR Alabama Historical Commission(SHPO) —AL Arkansas Building Authority(Div.of DFA)-AR Alabama Preservation Action-AL Arkansas Regional Innovation Hub-AR Alabama Trust for Historic Preservation-AL Arkansas Repertory Theatre-AR Birmingham Business Alliance-AL Batesville Preservation Association-AR Burns Cunningham&Mackey LLP-AL Block 2 Real Estate-AR City Management Company,LLC-AL City of Little Rock-AR City of Elba-AL Cloud Media LLC—AR Downtown Gadsden,Inc.-AL Cromwell Architects Engineers-AR Downtown Mobile Alliance-AL D.R.I.V.E.-AR Elba Chamber of Commerce and Main Street- Delta Cartage-AR AL Department of Arkansas Heritage-AR Fayette Area Community Development Downtown Arkadelphia Network-AR Corporation,Inc. (CDC)-AL Downtown Jonesboro Association-AR Fort Payne Main Street-AL Downtown Little Rock Partnership-AR FuturePast-AL Elegant Residences of Arkansas-AR Harbert Realty Services LLC-AL Eureka Springs Chamber of Commerce-AR Heflin Main Street-AL Eureka Springs Mayor's Task Force on Historic Mobile Preservation Society-AL Economic Development-AR Landmarks of DeKalb County-AL Five Rivers Historic Preservation,Inc.-AR Main Street Alabama-AL Forrest City Downtown Project-AR MainStreet Alexander City-AL Fort Smith Downtown Network-AR McNair Historic Preservation,Inc.-AL Haybar Real Estate-AR Mobile Area Chamber of Commerce-AL Heber Springs Downtown Network-AR Monroeville Main Street-AL Juli Brandenberger,CPA-AR NM Mobile LLC-AL Little Rock Technology Park Authority-AR Oakleigh Custom Woodworks LLC-AL Main Street Batesville-AR Olde Mobile Antiques Gallery LLC-AL Main Street Blytheville-AR 21 Page Main Street Eureka Springs-AR Association of Monterey Area Preservationists- Main Street Helena-AR CA Main Street Ozark-AR Benicia State Parks Association-CA Main Street Paragould,Inc.-AR Blue Lake Rancheria Tribe of California-CA Main Street Russellville,Inc.-AR Buchalter Nemer-CA Main Street West Memphis-AR Burlingame Historical Society-CA Matt McLeod Fine Art-AR California Main Street Alliance-CA Millennium Capital Advisors-AR California Preservation Foundation—CA Moses Tucker Real Estate-AR CFC-Distinctive Urban Development- CA Nabholz Properties Inc.-AR City of Alameda-CA NMR Holdings,LLC-AR City of Eureka-CA Pine Bluff Downtown Development,Inc.-AR CO Architects-CA Pocahontas Downtown Network-AR Cullinan Design—CA Preserve Arkansas—AR Cultural Heritage Commission,City of Beverly Quapaw Quarter Association-AR Hills-CA Randolph County Tourism Association-AR East Bay Asian Local Development Corp.-CA Rental Realty-AR Elevation Architects-CA Rock Capital Group-AR Ellinger Architects&Associates-CA Soul Fish Cafe-AR ELT and Associates-CA Terraforma,LLC-AR Fallbrook Companies-CA Urban Frontier LLC-AR F1ynnCAD-CA WD&D Architects-AR Folsom Historic District Association-CA Worley,Wood&Parrish-AR Foothill Resources,Ltd. -CA Arizona Downtown Alliance-AZ Foss&Company-CA Arizona Heritage Alliance-AZ Friends of Lytton Savings-CA Arizona Preservation Foundation-AZ Friends of Niguel-Moulton Ranch-CA Brevoort Preservation Strategies-AZ Garden City Construction-CA Capitol Mall Association-AZ Gilroy Downtown Business Association-CA City of Prescott Historic Preservation-AZ Ginger Weatherford I Historic Preservation Delgado Law Group,PLC-AZ Consulting-CA Dudley Ventures-AZ GPA Consulting-CA Feldman's Neighborhood Association-AZ Heritage Housing Partners -CA Frank Lloyd Wright Foundation(Taliesin West) Heritage Preservation Properties, LLC-CA -AZ Highland Park Heritage Trust-CA Holly Street Studio-AZ Hillcrest History Guild-CA Jones Studio,Architects-AZ Historic Resources Group- CA La Posada Hotel(1930) -AZ Holmes Structures-CA LISC/Phoenix—AZ ICR66(Imagine Center Route 66)-CA Maple Ash Neighborhood Association-AZ Jann Williams,Architect AIA—CA Mesa Preservation Foundation-AZ Jean Nilsson Architect- CA Michael Wilson Kelly-Architects,Ltd.-AZ Jonathan Browning,Architect-CA Modern Phoenix-AZ Juniper Serra Landmarks Foundation-CA Motley Design Group LLC-AZ Kaplan Chen Kaplan-CA RML CDC-AZ Kenneth G.Martin AIA Architect-CA Rio Salado Foundation-AZ KHP Capital Partners-CA Roosevelt Action Association-AZ Killefer Flammang Architects(KFA)-CA Tempe Historic Preservation Foundation-AZ Knapp Architects-CA Tucson Historic Preservation Foundation-AZ La Jolla Historical Society-CA West University Neighborhood Association-AZ Lamprecht ArchTTEXTural-CA Adrian Martinez Architect AIA-CA Law Office of Arthur D.Levy-CA AIA California Council-CA Left Coast Architectural History-CA Alexander D.Bevil,Historian Historical Linda V.Kade,AIA-CA Consultant-CA Livable Mountain View-CA Alliance of Monterey Area Preservationists-CA Livermore Downtown Inc.- CA Applied Earth Works,Inc.-CA Los Angeles Conservancy-CA Architectural Resources Group,Inc.-CA MainStreet Oceanside- CA Argonaut Company- CA Maison Orion North America LLC-CA Art Deco Society of California-CA Marron-Hayes Adobes Historic District-CA 31 Page Marsh and Associates-CA Tuan and Robinson,Structural Engineers,Inc.- Martin Building Company- CA CA May&Burch Conservation-CA Urban Preservation Foundation-CA McCloud River Mercantile Co.LLC-CA Urbana Preservation&Planning,LLC-CA Michael R.Corbett,Architectural Historian-CA USC Heritage Conservation Programs-CA Mission Hills Heritage-CA West Adams Heritage Association(WAHA) -CA Monterey Area Architectural Resources Archive West Hollywood Preservation Alliance- CA -CA Williams Art Conservation,Inc.-CA Napa GuitarWorks-CA Wilmington Historical Society-CA Napa Valley Community Housing-CA Wooden Window, Inc. -CA Nature Legacies- CA Central City Historic Preservation Commission- Neu Campus Planning,Inc.-CA CO NSS Ranch-CA Central City Planning Commission-CO Oakland Heritage Alliance-CA Chuck Sanders Architect-CO Old House Window Wright-CA City of Steamboat Springs-CO 011estad&Freedman-CA Colorado Council of Professional Archaeologists Omgivning-CA -CO Orton Development Inc.-CA Colorado Preservation,Inc. -CO Page&Turnbull-CA Equicomp,Inc.-CO Pasadena Heritage-CA Gilpin Historical Society-CO Paso Robles Main Street,Inc.-CA Greene Preservation-CO Patricia Cullinan DBA Cullinan Design-CA Hartman Ely Investments LLC-CO Paul Bockhorst Productions-CA HaveyPro Cinema -CO Perkins+Will Architects-CA Historic Boulder,Inc.-CO Peyton Hall,FAIA-CA HistoriCorps® Preservation Action Council of San Jose-CA Historic Denver,Inc.-CO Preservation Consultant of Special Projects-CA History Colorado-CO Preserve Orange County-CA Lake County Economic Development RAAM Construction,Inc.-CA Corporation-CO Ralph Mechur Architects-CA Lamar Partnership Inc.- CO Redlands Area Historical Society-CA Leadville Main Street-CO Richard Manion Architecture Inc.-CA Louisville Historic Preservation Commission- Richmond Main Street Initiative-CA CO Rita Cofield Consultant-CA Main Street Central City-CO Robin Nanney Studio-CA Main Street Steamboat Springs-CO Sacramento Modern- CA Manitou Springs Historic Preservation San Francisco Heritage- CA Commission-CO San Francisco Planning Department-CA Mod Boulder-CO San Francisco Public Works-CA Park County Department of Heritage-CO Santa Monica Conservancy-CA Saguache Historic Preservation Commission- Save Our Heritage Organisation(SOHO)-CA CO Sherwood Forest Timber Frames-CA San Juan County Historical Society-CO Siegel&Strain Architects-CA St.Charles Town Company-CO Sierra Maestra Properties-CA Steamboat Architectural Associates-CO Signpost Graphics-CA Steamboat Art Museum-CO Spectra Company-CA Steamboat Springs Arts Council—CO Stephen&Thalia Lubin,Architects-CA Steamboat Springs Historic Preservation Steven Fader Architects-CA Commission-CO Stonebridge Builders-CA The Lizard Speaks Copywriting-CO Structural Focus-CA Townscapes LLC-CO Tennebaum-Manheim Engineers-CA Barnum Museum- CT The Gamble House,University of Southern Connecticut Main Street Center-CT California School of Architecture-CA Connecticut Preservation Action-CT The Glendale Historical Society-CA Connecticut Trust for Historic Preservation-CT The Santa Monica Conservancy-CA Crosskey Architects,LLC- CT Thomas Saxby,Architect-CA Greenwich Preservation Trust-CT Tichenor&Thorp Architects-CA Hartford Preservation Alliance Townscape- CA Historic Neighborhood Preservation-CT 41 Page Main Street Waterbury-CT Dunwoody Beeland Architects,Inc.-GA Merritt Parkway Conservancy-CT Fort Valley Main Street/DDA-GA New London Main Street-CT Gateway 75, LLC-GA Norwalk Preservation Trust-CT Georgia Trust for Historic Preservation—GA American Cultural Resources Association-DC Haltermann Partners,Inc.-GA American Institute of Architects(AIA)-DC Historic Augusta, Inc. -GA Asian and Pacific Islander Americans in Historic Historic Columbus Foundation-GA Preservation-DC Historic District Development Corporation-GA Blank Rome-DC Historic Macon Foundation-GA Coalition for American Heritage-DC Historic Savannah Foundation-GA Dentons US LLP—DC Ida Durand Design-GA EHT Traceries-DC IDP Housing-GA Historic Tax Credit Coalition—DC Main Street Macon-GA Jones Day-DC Main Street Toccoa-GA LOCUS-DC Monarch Private Capital-GA MacRostie Historic Advisors LLC—DC Perry Main Street Advisory Board-GA National Alliance of Preservation Commissions Piedmont Construction Group,Inc.-GA —DC Smart Growth Savannah-GA National Barn Alliance-DC AIA Hawaii-HI National Housing&Rehabilitation Association— Historic Hawaii Foundation—HI DC Mason Architects,Inc.-HI National League of Cities—DC Ames Main Street Cultural District-IA National Preservation Institute-DC Arch Icon Development Corporation-IA National Trust Community Investment Carver Holdings,LLC-IA Corporation-DC City of Des Moines-IA National Trust for Historic Preservation—DC Colfax Main Street-IA National Conference of State Historic Czech Village-New Bohemia Main Street-IA Preservation Officers-DC Downtown Davenport Partnership-IA Nixon Peabody,LLP-DC Downtown Partners,Inc.-IA Novogradac&Company LLP—DC Drake Law Firm,PC-IA Preservation Action—DC Dubuque Area Chamber of Commerce-IA Somerset Development Company,LLC-DC Greater Franklin County Chamber of Commerce Downtown Dover Partnership-DE -IA Downtown Properties of Milford LLC-DE Gronen Properties—IA Atelier AEC,Inc.-FL Gross&Company,PLLC-IA Audubon Park Garden District-FL Hamilton Hometowns-IA Brooks+Scarpa-FL Heritage Works -IA City of Orlando-FL Hilltop Campus Village-IA Dade Heritage Trust,Inc.-FL Historic Valley Junction Foundation-IA DVG Development LLC-FL Hobart Historic Restoration-IA Ferrell Redevelopment-FL Main Street Grundy Center-IA Friends of the Sandwich Town Archives—FL Main Street Guthrie Center-IA Holland&Knight,LLP-FL Main Street Mount Pleasant-IA Lance Olson+Associates-FL Main Street Washington,Inc.-IA Main Street Fort Pierce Inc. -FL New Leaf Historic Properties-IA Orlando Main Streets-FL Osceola Chamber Main Street-IA PTRising LLC-FL Quad Cities Chamber of Commerce-IA REG Architects, Inc.—FL Spaulding Lofts East I,LLLP-IA A.J.Heisenbottle Architects,PA-FL Story City Greater Chamber Connection-IA Smyrnea Archaeological Research Institute-FL Waverly Chamber of Commerce/Main Street- Tampa Preservation,Inc.-FL IA The Florida Trust for Historic Preservation-FL Wilmac Property Company-IA The Milk District Orlando-FL Woodbine Main Street-IA The Villagers,Inc.-FL Boise Downtown Neighborhood Association-ID Urban Trust Capital-FL Boundary County Economic Development-ID William Mills Agency-FL Downtown Nampa Community Association-ID BTBB Inc.-GA East End Neighborhood Association-ID City of Hapeville-GA Idaho Smart Growth-ID 51 Page Idaho State Historical Society-ID Franklin Heritage,Inc.-IN Old Boise LLC-ID Great Towns,Inc. -IN Payette Chamber of Commerce-ID Greenstreet Ltd.- IN Payette Community Alliance Network-ID Historic Fall Creek Pendleton Settlement-IN Preservation Idaho(Idaho Historic Preservation Historic Madison,Inc.-IN Council)—ID Historic New Carlisle,Inc.-IN Preservation Solutions LLC-ID Historic Preservation Association of Jasper Southern Idaho Rural Development-ID County-IN Austin Properties-IL Historic Preservation Commission of South Baker Tilly-IL Bend and St.Joseph County-IN Carbondale Main Street-IL Huntington Alert,Inc.-IN Chicago Art Deco Society-IL Indiana Landmarks-IN Chicago Bungalow Association-IL James Glass Historic Preservation&Heritage Eco-Operations-IL Consulting-IN Frank Lloyd Wright Building Conservancy-IL Lawson Elser,Inc. -IN Friends of Ziock(FOZ)-IL Lazarus Group LLC-IN Gary Carlson Motors Inc.—IL Merlin King,Inc.-IN Ginsberg Jacobs-IL Monroe County Historic Preservation Board-IN Highwood Historical Society-IL Point Comfort Properties LLC-IN Illinois Association of Historic Preservation Preservation Society of Union City(IN-OH)-IN Commissions-IL R.E.Dimond and Associates,Inc.-IN Indianapolis Office of Wiss,Janney,Elstner RATIO Architects,Inc.-IN Associates Inc.-IL Restore Old Town Greenwood,Inc.-IN Jacksonville Historic Preservation Commission- Richmond Columbian Properties William G IL Scott House-IN Jacksonville Main Street-IL Saving Historic Orange County-IN Jean Follett-Historic Preservation Consulting- The Engineering Collaborative-IN IL TWG Development,LLC-IN Landmarks Illinois—IL Historic Jayhawk Theatre Topeka,Kansas- KS Main Street Momence-IL Historic Preservation Partners,Inc.—KS Moline Preservation Society-IL Pioneer Group,Inc.—KS Monee Historical Society- IL TreanorHL—KS National Main Street Center—IL 3R Consultants, LLC-KY Northern Illinois Historic League,Inc.-IL Anatok Preservation Committee-KY Plante Moran PLLC-IL AU Associates,Inc.-KY Preservation Chicago-IL Blue Grass Trust for Historic Preservation-KY Ratio Architects,Inc.-IL Boyle Landmark Trust-KY Rock Island Historical Society-IL Buena Vista Historic Foundation-KY Rock Island Preservation Society—IL Cadiz Main Street Program-KY RSM US,LLP-IL Cadiz-Trigg County Tourist Commission-KY St.Adalbert Preservation Society-IL Campbellsville Main Street-KY Tampico Historic Preservation Advisory Carolyn Brooks Consulting-KY Committee-IL Carrollton Main Street Program-KY The Chicago Art Deco Society-IL City of Bardstown-KY Will County Historic Preservation Commission- City of Covington-KY IL Clark County/Winchester Heritage APT-Ohio Valley Chapter-IN Commission-KY ARCH, Inc. -IN Community Progress Resources-KY ARCHitecture trio,Inc.- IN EHI Consultants-KY Architura Corporation-IN Heart of Danville-KY Blackline Studio-IN Hiestand House-Taylor County Museum-KY Bloomington Restorations, Inc. -IN Huston House,LLC-KY Bloomington Historic Preservation Commission In Vue-KY -IN Kentucky Heritage Council(SHPO)-KY Browning Day Mullins Dierdorf-IN La Grange Kentucky Main Street-KY Elevatus Architecture-IN LET Properties-KY Englewood Community Development Maiden Alley Cinema-KY Corporation(CDC)-IN Main Street Perryville,Inc.-KY 61 Page Main Street Winchester-KY First NBC Bank-LA Maysville Main Street—KY Formwork Development LLC-LA Noel C.Turner PSC-KY Foundation for Historical Louisiana-LA Oldham County Planning&Development Friends of Leesville Main Street-LA Services-KY Green Coast Enterprises-LA Paducah Convention&Visitors Bureau-KY Hammond Downtown Development District-LA Paducah Main Street—KY Holly&Smith Architects APAC-LA Preservation Kentucky-KY Hollygrove-Dixon Neighborhood Association- Ray Black&Son-KY LA Springfield Chamber of Commerce-KY Houma Downtown Development Corp. -LA Springfield Main Street Program-KY HRI Properties-LA The Catalytic Fund-KY Inhab Real Estate-LA Underhill Associates-KY Inn at the Old Jail-LA University of Kentucky Department of Historic Jeff Davis Parish Tourist Commission-LA Preservation-KY L.K.Breaux&Associates,Inc.-LA Weyland Ventures,LLC-KY Lastrapes Garden Center-LA Winchester Historic Preservation Commission- LM Development-LA KY Lodging Advisory Services,LLC-LA Winchester-Clark County Tourism-KY Louisiana Landmarks Society-LA A&A Contracting-LA Louisiana Main Street-LA Abbeville Main Street-LA Louisiana Trust for Historic Preservation-LA Algiers Historical Society-LA Main Street Homer-LA Andy G.Simon General Construction,Inc.- LA MCC Real Estate,LLC-LA Baton Rouge Area Chamber—LA Minden Main Street Program-LA Baton Rouge Downtown Development District- Minden South-Webster Chamber of Commerce- LA LA Billes Architects,LLC-LA Monroe Chamber of Commerce-LA Broad Community Connections-LA Monroe Downtown RiverMarket-LA Center for Planning Excellence-LA Monroe Downtown Economic Development Chaffe McCall,L.L.P.-LA District-LA City of Denham Springs-LA Monroe Main Street—LA City of Donaldsonville-LA Morgan City Main Street-LA City of Franklin-LA Natchitoches Main Street-LA City of Kenner- LA New Orleans Business Alliance-LA City of New Iberia,Office of the Mayor-LA New Orleans Historic District landmarks City of Ruston Main Street District-LA Commission-LA Coats Rose- LA OCH Art Market-LA Coleman Partners Architects LLC-LA Old Algiers Main Street Corporation-LA Columbia Main Street Program-LA Olde Towne Slidell Main Street-LA Conner&Strachan,LLP-LA One Acadiana-LA Creative Alliance of New Orleans-LA Opelousas Main Street,Inc.-LA Creative Bloc-LA Oretha Castle Haley Blvd.Main Street-LA Crowley Main Street-LA Ouachita Riverfront Development Corp.—LA Cultural Exchange Services,LLC- LA Pat O'Brien Developments,LLC-LA Cypress Building Conservation-LA Paul J.Allain,Architect-LA DeRidder Main Street-LA Paul Smith,Historic Preservation Consultant- DNA Workshop-LA LA Domain Companies-LA Plaquemine Main Street-LA Douglas C.Breckenridge,Architect-LA Preservation Alliance of Lafayette-LA Downtown Development District NOLA-LA Preservation Resource Center of New Orleans- Downtown Monroe Alliance—LA LA Dwyer Cambre&Suffern-LA Preserve Louisiana-LA Echo Build-LA Redmellon Restoration and Development-LA Elkins,PLC-LA RE/MAX Commercial Brokers,Inc.-LA Enhanced Capital-LA Roth Law Firm,LLC-LA Enhanced Historic Credit Partners-LA Ruston-Lincoln Chamber of Commerce-LA Eunice Main Street-LA Shreveport Downtown Development Authority- Felicity Redevelopment,Inc.-LA LA 71 Page Southeast Preservation-LA McGinley Kalsow&Associates—MA Springhill Main Street-LA MDA Partners LLC—MA St.Martinville Louisiana Main Street-LA Milford&Ford Associates-MA Stonehenge Capital Company,LLC-LA Moody Nolan-MA Tax Credit Capital-LA More Carrot LLC-MA Thibodaux Main Street,Inc. -LA Nantucket Preservation Trust-MA Vantage Health Plan-LA North Bennet Street School-MA Vieux Carre Commission Foundation-LA Old North Church-MA Visit Baton Rouge- LA Old South Meeting House-MA Winnsboro Main Street,Inc.-LA PAF Architects—MA Wisznia Company Incorporated-LA Pittsfield Historical Commission-MA Woodward Design+Build-LA Pittsfield Public Library-MA Woodward Interests,LLC-LA Preservation Worcester-MA Appleton Antique Lighting-MA Renewal Ventures LLC- MA Architectural Heritage Foundation-MA Salem Common Neighborhood Association Art Deco Society of Boston-MA (SCNA)-MA Beacon Hill Civic Association-MA Saltaire Properties,Inc.-MA Berkshire County Historical Society-MA South End Historical Society-MA Boston By Foot-MA Spencer&Vogt Group,Architects-MA Boston Preservation Alliance-MA Stephen J.Wessling Architects,Inc.-MA Bostonian Society-MA The Berkshire Athenaeum-MA Brighton-Allston Historical Society-MA The City of Holyoke- MA Bruner/Cott Architects-MA The Trustees-MA Capstone Communities LLC-MA Town of Athol-MA Carlisle Tax Credits-MA Tremont Preservation Services-MA CBT Rchotects-MA Vantage Real Estate LLC-MA Charlemont Inn—MA Waterfront Historic Area League-MA Clocktower Tax Credits,LLC—MA Winn Development—MA Commonweal Collaborative—MA Worcester Common Ground,Inc.—MA CUBE design+research—MA Yule Development Company,Inc.—MA Dorchester Historical Society-MA Artifex,Ltd.Historic Paint Analysis and Dorfman Capital-MA Consultation-MD Eastern Bank-MA Baltimore Heritage,Inc.-MD Elizabeth Randall,Project Management, City of Rockville Historic District Commission- Preservation and Interiors-MA MD FanninLehner Preservation Consultants-MA Downtown Denton Main Street-MD Financial Development Agency-MA Elkton Alliance,Inc.-MD Finegold Alexander Architects-MA Gallagher,Evelius&Jones,LLP-MD Fort Point Consulting,Inc.-MA Hutchinson +Associates,LLC-MD Freedom Trail Foundation-MA Jubilee Baltimore,Inc.—MD Friends of Greenlawn- MA Maryland Association of Historic District Ganek Architects.Inc.-MA Commissions-MD Goody Clancy-MA Maryland Historical Society-MD Gravestone Conservation Services,Inc.-MA Maryland Historical Trust-MD Heritage Planning&Design-MA Montgomery Preservation Inc.-MD Historic Boston Inc. (HBI)-MA Preservation Maryland-MD Historic New England-MA Prince George's Heritage, Inc.-MD Hyde Park Main Streets-MA Silver Spring Historical Society-MD Jacqueline Blombach JDB Preservation Services The Town of Leonardtown—MD -MA Wexford Science+Technology-MD Jamaica Plain Historical Society-MA Augusta Downtown Alliance-ME James Blauch,Architect-MA Gardiner Main Street-ME Jasper Keller LLC—MA Gorham Historic Preservation Commission-ME Klein Hornig-MA Greater Portland landmarks-ME Law Office of Marcia Mulford Cini-MA Maine Preservation-ME L.P.Athol Corporation-MA 313 Historic Preservation-MI Lowell Historic Board-MA Ann Arbor Heritage-MI Manchester Historical Museum-MA Architecture +Design Inc.-MI 81 Page Bazzani Building Company-MI Old Town Jamie,LLC-MI Bedrock Detroit-MI Owosso Downtown Development Authority-MI BlackBerry Systems Inc.-MI Owosso Main Street-MI Buchanan Preservation Society-MI Paper City Development LLC-MI Building Arts&Conservation-MI Past Perfect,Inc.-MI Building Hugger-MI Pike Street Properties-MI Charlevoix Main Street-MI Preservation Detroit-MI City of Bay City-MI Preservation Forward-MI City of Buchanan-MI Preservation Lansing-MI City of Detroit Planning and Development Quality Environmental Services,Inc.-MI Department—MI Quinn Evans Architects-MI City of Kalamazoo-MI RDS Management-MI Clements Electric Inc.-MI Riviera Theatre-MI Commonwealth Heritage Group-MI Serenus Johnson Construction-MI Community Economic Development Association Shiawassee Regional Chamber of Commerce- of Michigan(CEDAM)-MI MI Concept Design Studio,Inc.-MI SME-MI Cooper Design Inc. -MI Southwest Detroit Business Association-MI DM Consulting Services-MI Spence Brothers-MI Downtown Kalamazoo Incorporated-MI State Theatre of Bay City/Bay County-MI Ekocite Architecture-MI TDG Architects-MI Elite Pet Styling-MI The Christman Company-MI EMS Consulting-MI Treystar Holdings,LLC-MI Engelhardt Insurance Agency-MI Turner Restoration LLC- MI Ferne Boutique-MI Uptown Coffeehouse-MI Finnicum Brownlie Architects,Inc.-MI West Construction Services -MI Frederick Construction Inc.-MI WTA Architects,Inc.-MI Grand River Builders-MI Ypsilanti Heritage Foundation-MI Great Lakes Artworks-MI Ypsilanti Restoration L.L.C.-MI H2A Architects Inc. -MI Dominium Inc.-MN Hackett Auto Museum-MI Duluth Preservation Alliance-MN Hart Main Street-MI Grande Venues,Inc.-MN Henry Street Investments-MI Kasson Alliance for Restoration(KARE)-MN Historic Restoration LLC-MI Minnesota Historical Society/State Historic HopkinsBurns Design Studio,PLLC-MI Preservation Office-MN Howell Main Street Inc. -MI Preservation Alliance of Minnesota-MN Innovative Media Design- MI Stonebridge Learning,LLC-MN InSite Capital-MI U.S.Bank Community Development Jefferson East, Inc.-MI Corporation-MN Jenifer Acosta Development-MI Winthrop&Weinstine,P.A.—MN JMD Building Restoration LLC-MI American Heritage Preservation Association— John Dziurman Architects Ltd.-MI MO Johnson Hill Land Ethics Studio-MI Bryan Cave,LLP-MO Kidorf Preservation Consulting- MI Capital Consultants-MO Kraemer Design Group-MI Casey Architecture-MO Lake Drive Development LLC-MI Checkmate Design,LLC.-MO Lake Orion Downtown Development Authority— Community Builders Network of St Louis-MO MI DFC Group,Inc. -MO Loomis Ewert Parsley Davis&Gotting,PC—MI Downtown STL,Inc. -MO Means Group, Inc.-MI Downtown Washington,Inc.-MO Michigan Community Action—MI Ebersoldt+Associates Architecture-MO Michigan Historic Preservation Network-MI EHCP Manager,LLC-MO Michigan Historic Window Company-MI Engine House No.1,Inc.-MO MotorCities National Heritage Area Partnership Fendler&Associates-MO -MI Grace Episcopal Church- MO Nelson Breech Nave,AIA,Architect-MI Historic Kansas City—MO North Coast Window Works-MI Historic Preservation Consulting-MO Oakland County Historical Commission-MI Historic Revitalization for Missouri-MO 91 Page Husch Blackwell,LLP-MO Greenville Historic Preservation Commission- Karen Bode Baxter,Preservation Specialist-MO MS Ladd Suydam Contracting LLC- MO Grenada Historic Preservation Commission-MS Landmarks Association of St.Louis-MO Gulfport Main Street Association-MS Lathrop&Gage,LLP-MO Hattiesburg Historic Neighborhood Association Lawrence Group-MO -MS Main Street Chillicothe-MO Heritage Guild of Vicksburg&Warren County- MarksNelson,LLC-MO MS Missouri Alliance for Historic Preservation-MO Historic Natchez Foundation-MS Oakland Historic Preservation Commission- Howorth&Associates Architects -MS MO Jackson County Historical Genealogical Society- Preservation Research Office-MO MS Restoration St.Louis,Inc.-MO JBHM Architecture-MS Rite Development,Inc.- MO La Pointe-Krebs Foundation Inc.-MS Rosin Preservation,LLC- MO Main Street Greenwood,Inc.-MS Rubin Brown-MO Mannsdale Heritage Foundation-MS STRATA Architecture+Preservation—MO Marion County Historical Society-MS Sheet Metal Workers-SMART Local Union- McCartney Ford Rentals-MS MO Michael McBride Architect,P.A. -MS Spencer Fane LLP-MO Mississippi Department of Archives&History- St.Louis Design Alliance-MO MS Stark Wilson Duncan Architects Inc.-MO Mississippi Heritage Trust-MS Stinson Leonard Street-MO Mississippi Main Street Association-MS Sugar Creek Capital-MO Moonlight Properties-MS The Builders'Association-MO Ocean Springs Chamber of Commerce-MS The St. Louis-Kansas City Carpenters-MO Picayune Main Street,Inc.-MS Tower Grove Neighborhoods Community Port Gibson Main Street,Inc.-MS Development Corporation-MO Saltillo Main Street-MS Urban Werks LLC Architects,Planners and Sarah Newton Architect PLLC-MS Urban Design-MO Starkville Historic Preservation Commission- Worcester Investments-MO MS AIA Mississippi-MS The Prentiss Institute-MS Baldwyn Main Street Chamber- MS The Venue-MS Beard+Riser Architects PLLC-MS Vicksburg Main Street Program-MS Belinda Stewart Architects,PA-MS Water Valley Main Street- MS Calling Panther Heritage Foundation-MS West Point Historical Preservation Commission City of Biloxi-MS -MS City of Cleveland-MS Arvon Block Development Venture- MT City of Clinton-MS Broadwater County Development Corporation- City of Gulfport-MS MT City of Hattiesburg-MS Butte Citizens for Preservation and City of Indianola-MS Revitalization-MT City of Jackson Planning&Development Butte-Silver Bow Historic Preservation Office- Historic Preservation Division-MS MT City of Kosciusko-MS CTA Architects Engineers—MT City of Ocean Springs—MS Glacier Bancorp,Inc.-MT City of Raymond-MS Lewis and Clark County Heritage Tourism City of Quitman-MS Council-MT Cleveland Main Street-MS Mainstreet Uptown Butte,Inc. -MT Columbus Historic Preservation Commission- Montana Preservation Alliance-MT MS Project Management,Inc.-MT Como Main Street Alliance-MS Arts Council of Winston-Salem and Forsyth Cooke Douglass Farr Lemons,PA-MS County-NC Dale Partners Architects, PA-MS BAM Nutrition-NC Downtown Hattiesburg-MS Bessemer City Downtown Development-NC Downtown Jackson Partners-MS Bicycle World-NC Duvall Decker-MS Black Pine Development-NC Eley Guild Hardy Architects PA-MS Black Point Investments,LLC-NC 10I Page Burlington Downtown Corporation-NC Friends of Homestead National Monument- NE City of Eden-NC Gage County Tourism-NE City of Monroe-NC Holland Basham Architects-NE Clachan Properties-NC Jefferson County Visitors Committee—NE Clearscapes-NC Kutak Rock,LLP—NE Concord Downtown Development Corporation- Main Street Beatrice-NE NC Main Street Falls City-NE Consortium Structured Investments-NC Nebraska Main Street Network-NE Dees,Jackson,Jackson&Associates,PA-NC Omaha Economic Development Corporation- Destination Downtown Edenton,Inc.-NC NE Downtown Belmont Development Association, Plattsmouth Main Street Association-NE Inc.-NC The Willa Cather Foundation-NE Downtown Smithfield Development Corporation N.H.Preservation Alliance-NH -NC Ahern Painting, Inc. -NJ Downtown Statesville Development Corporation BurrowlntoHistory LLC-NJ -NC Metuchen Downtown Alliance-NJ Eden Downtown Development Incorporated- New Jersey Historic Trust-NJ NC Preservation New Jersey- NJ Elizabeth City Downtown,Inc. SPB Architecture LLC-NJ Empire Properties-NC Washington Township Historic Preservation Evans Jewelers-NC Commission-NJ Grice-Fearing House Bed and Breakfast-NC Westfield Architects-NJ High Street Studios-NC Artesia MainStreet,Inc.- NM Historic Salisbury Foundation-NC Barelas Community Coalition-NM Landmark Property Management Company-NC Carlsbad MainStreet-NM LylaSue Inc DBA Simple Twist-NC Clovis MainStreet- NM Main Street Advisory Board Town of Elkin-NC Downtown Albuquerque Arts&Cultural District Main Street Roanoke Rapids-NC -NM Main Street Sylva Association-NC Downtown Albuquerque MainStreet Initiative- Marion Business Association-NC NM North Carolina Metropolitan Mayors Coalition— Downtown Farmington:A MainStreet Program- NC NM North Carolina Department of Commerce-NC Gallup MainStreet Arts&Cultural District-NM North Carolina Department of Natural and Grants Main Street Project-NM Cultural Resources-NC Harding County MainStreet EDC-NM North Carolina League of Municipalities-NC Los Alamos MainStreet-NM Pasquotank County Economic Development Lovington MainStreet-NM Commission-NC Main Street Roswell-NM Preservation Durham-NC MainStreet Las Vegas-NM Preservation Greensboro-NC Metzger's Do it Best Hardware-NM Preservation North Carolina-NC Tucumcari MainStreet Corporation-NM Pride of Kinston,Inc.-NC Village of Eagle Nest-NM R&S Enterprises of Lexington-NC Village of Santa Clara-NM Rutherford Town Revitalization-NC Zuni Pueblo MainStreet-NM Shingle Landing,LLC-NC AIA Las Vegas-NV Spruce Pine Main Street-NC AIA Nevada-NV The Framery-NC Dapper Companies-NV The Howell Theatre-NC Gustin&Associates,Inc.-NV Tobacco and Hops-NC Nevada Preservation Foundation-NV Town of Aberdeen-NC The Huntridge Foundation-NV Town of Sylva-NC Arch Fiberglass Corp.-NY Tryon Downtown Development Association-NC Architectural Preservation Studio,DPC-NY Uptown Lexington,Inc. -NC ASH NYC-NY Uptown Shelby Association-NC Barben Farm-NY Workforce Resources,Inc.-NC BBL Construction Services,LLC-NY Architectural Concepts Inc.-ND Bero Architecture PLLC-NY American Legion Aux Halfman Unit#352-NE Borrelli&Yots,PLLC—NY Berggren Architects-NE 11 I Page Cherie Miller Schwartz Preservation Planning& Chambers,Murphy&Burge Historical Project Management-NY Architects-OH Chicone Cabinetmakers-NY Chardon Tomorrow-OH Clinton Brown Company Architecture,PC-NY Cincinnati Preservation Foundation-OH CohnReznick-NY City of Cleveland Heights-OH Fort Conde Restoration Venture,LLC-NY City of Dayton-OH Franklin Square Associates-NY City of Sidney-OH Friends and Residents of Greater Gowanus Cleveland Heights Historical Society-OH (FROGG)-NY Cleveland Restoration Society—OH FRIENDS of the Upper East Side Historic Columbus Landmarks Foundation-OH Districts-NY Community Housing Network,Inc.-OH Godwin-Ternbach Museum,Queens College, Coon Restoration-OH CUNY-NY Dayton Montgomery County Port Authority- HHL Architects I Hamilton Houston Lownie OH Architects,LLC-NY Defiance Development and Visitors Bureau- OH Historic Albany Foundation-NY Designing Local-OH Historic Districts Council- NY Detroit Shoreway Community Development- Historic Ithaca,Inc.-NY OH Historic Saranac Lake-NY Downtown Dayton Partnership-OH James Boese&Associates-NY Downtown Delphos Development Association- Kamen Tall Architects,P.C. -NY OH Lott Community Development Corporation-NY Downtown Painesville Organization-OH Lynn,D'Elia,Temes&Stanczyk,LLC- NY Downtown Tipp City Partnership-OH Lyons Main Street Program-NY Emprise,LLC-OH M+D Federal LLC-NY Fuller Design Group Architects-OH Municipal Art Society-NY Gaslamp Capital-OH New York Landmarks Conservancy-NY global X-OH New York State Parks Recreation&Historic Grove City Town Center,Inc. -OH Preservation—NY Heritage Ohio,Inc.-OH Otero-Pailos Studio-NY Historic Gateway Neighborhood Corporation- Otsego 2000,Inc.-NY OH Port City Preservation LLC-NY Historic Warehouse District Development Preservation Association of Central NY-NY Corporation-OH Preservation Association of the Southern Tier- Homeport-OH NY Huntington National Bank-OH Preservation Buffalo Niagara-NY Jane C.Busch LLC-OH Preservation League of New York State-NY Kunst Development-OH RBC Capital Market Tax Credit Equity Group- LakewoodAlive-OH NY Licking County Foundation-OH Restorations Limited-NY Main Street Delaware-OH S.P.L.I.A.-NY Main Street Greenville-OH Saratoga Springs Preservation Foundation-NY Main Street Kent-OH Society for Preservation of Long Island Main Street Lebanon-OH Antiquities-NY Main Street Mount Vernon-OH Spatt Urban Planning-NY Main Street Tiffin-OH The Landmark Society of Western New York- Main Street Van Wert-OH NY Main Street Vermilion-OH Troy Savings Bank Music Hall-NY Main Street Wadsworth-OH Village of Cooperstown-NY Main Street Wilmington-OH V.I.P.Tours of New York-NY Main Street Wooster,Inc.-OH Waterville Historical Society-NY Marietta Main Street-OH Allen Aircraft Products Inc. -OH Marous Brothers Construction-OH Alliance Historic Preservation Commission-OH Midwest Maintenance-OH Baker Hostetler-OH National Church Residences-OH Berardi+Partners,Inc.-OH Lloyd Clark Nationwide Insurance-OH Burton Historic District Association-OH Ohio History Connection/SHPO-OH Cambridge Main Street-OH Palace Cultural Arts Association-OH Casto-OH Payto Architects-OH 12 I Page Sandvick Architects-OH Artefact,Inc. -PA Scioto Development Company-OH BelleKey,Bellefonte Keystone Community Seneca Industrial Economic Development Program-PA Corporation—OH Building A Better Boyertown-PA Senecca Holdings LLC-OH Diamond City Partnership- PA Sherwin-Williams Company—OH Downtown Hazleton Alliance for Progress-PA Squire Patton Boggs—OH Downtown Lewistown,Inc.-PA Steele Mansion-OH Eastburg Community Alliance-PA The Model Group-OH Easton Main Street Initiative-PA The Turner Foundation-OH Erie Downtown Partnership-PA TRIAD Architects,Ltd.-OH ESA-PA Ulmer&Berne,LLP-OH H.F.Lenz Company-PA Uptown Westerville Inc.-OH Historic Harrisburg Association-PA Van Dyke Architects LLC-OH Historic Kennett Square-PA VORYS-OH Historical Society of Tacony-PA Warren Redevelopment and Planning Lower Merion Conservancy-PA Corporation-OH LSC Design-PA YWCA Columbus-OH Main Street Gettysburg,Inc. -PA 40o South Boston,LLC-OK Main Street Hanover-PA Alter Architecture—OK Mainstreet Waynesboro Inc. -PA Bartlesville Area History Museum-OK Our Town Foundation-PA Bartlesville Redevelopment Trust Authority-OK Parkesburg Borough-PA Cornerstone Development-OK Pennsylvania Downtown Center-PA Eide Bailly LLP-OK Pennsylvania State Historic Preservation Office- Elliott+Associates Architects-OK PA JHO Management LLC-OK Pittsburgh Downtown Partnership-PA Kendall Whittier Main Street Inc.-OK Powers&Company Inc. -PA KMO Development Group,Inc.-OK Preservation Alliance for Greater Philadelphia- Krittenbrink Architecture LLC-OK PA Lilly Architects-OK Preservation Pennsylvania-PA Main Street Enid,Inc.-OK Reading Downtown Improvement District-PA Midtown Builders, LLC—OK Royal Square Development and Construction- New Leaf Development,LLC-OK PA Paseo Properties,LLC—OK The Historic Dansbury Depot- PA Ponca City Main Street-OK Venture Lititz -PA POSTOAK Lodge&Retreat-OK Virgilio Investments LLC-PA Preservation and Design Studio,PLLC-OK Waynesburg Prosperous and Beautiful-PA Preservation El Reno Inc.-OK West Chester Business Improvement District- Preservation Oklahoma,Inc.-OK PA River City Development,LLC-OK Puerto Rico State Historic Preservation Office- Ross Group—OK PR Route 66 Alliance-OK Barbara Sokoloff Associates-RI Sapulpa Main Street—OK Boys&Girls Club of Pawtucket-RI Sieber Holdings,LLC—OK Brewster Thornton Group Architects,LLP—RI Sunbeam Arc,LLC—OK Collette Travel Service,Inc. -RI Tulsa Historical Society&Museum-OK Cornish Associates-RI Tulsa City Council—OK Cox Business-RI Tulsa Regional Chamber-OK Dimeo Properties,Inc.-RI Villa Teresa Holdings,LLC—OK KITE Architects-RI Wiggin Properties LLC-OK Margie Butler,Community Engagement Architectural Heritage Center/Bosco-Milligan Consultant-RI Foundation—OR Marsella Development Corporation-RI Craftsman Design and Renovation-OR Newport Historical Society-RI Heritage Consulting Group—OR Old Slater Mill Association-RI Restore Oregon-OR Pezzuco Construction,Inc.-RI Scott Wylie Designs-OR Places&Spaces Realty-RI 2nd Ward Neighborhood Partnership Project Preserve Rhode Island-RI City of Bradford-PA Providence Preservation Society-RI 13 1 Page Providence Revolving Fund—RI University of Tennessee at Chattanooga's PRSIC&PRSIC- RI Interior Design Masters Program-TN Residential Properties Ltd.-RI Adapt/re:Adapt Preservation and Conservation, Restivo Monacelli LLP-RI LLC-TX Robert Leach Architect- RI Alicia Schroeder/Realtor-TX SWAP,Inc.-RI Beaumont Main Street-TX The TAI-O Real Estate Group-RI CAAMCO LLC Asset Manager for Centurion Urban Smart Growth-RI American Development Group-TX Vanasse Hangen Brustlin,Inc.-RI City of San Antonio,Office of Historic Waldorf Capital Mangement LLC- RI Preservation-TX Bello Garris Architects-SC Denenburg Development-TX BF Spartanburg,LLC-SC Downtown Dallas,Inc.-TX Greater Pickens Chamber of Commerce—SC Echelon Leadership LLC-TX Historic Charleston Foundation-SC Galveston Historical Foundation-TX Historic Columbia-SC Historic Mesquite,Inc.-TX Main Street Laurens USA, Inc.-SC Historic Tyler,Inc.-TX Pickens Revitalization Association-SC Houston Mod-TX Preservation Society of Charleston-SC JQAQ Atelier-TX Rogers Lewis Jackson Mann&Quinn,LLC-SC Lone Star Orthopedics,P.A.-TX Spartanburg County Historical Association-SC Main Street Texarkana-TX Summerville Dream,Inc.—SC Mid Tex Mod-TX The Sherbert Group- SC Norman Alston,Architects Architecture 1 WECCO Development,LLC-SC Planning 1 Historic Preservation-TX AIA South Dakota Chapter-SD Ogee LLC-TX South Dakota State Historical Society-SD Preservation Austin-TX AlA East Tennessee Chapter-TN Preservation Dallas-TX AIA Middle Tennessee-TN Preservation Houston-TX AIA Tennessee-TN Preservation Rightsizing Network-TX ArchInc, Memphis-TN Preservation Texas-TX Architecture,Incorporated-TN Quimby McCoy Preservation Architecture,LLP- Belcourt Theatre-TN TX CDP Architecture,LLC-TN San Antonio Conservation Society-TX Clayborn Temple-TN Southern Methodist University-TX Cogent Studio,LLC-TN SWCA Environmental Consultants-TX Crossroads Downtown Partnership-TN Todd Interests-TX Crosstown Concourse-TN Capitol Hill Construction,Inc. -UT Design Innovation Architects-TN Preservation Utah-UT Haizlip Studio,PLLC-TN The American Institute of Architects,Utah Hastings Architecture Associates,LLC-TN Chapter(AIA Utah)-UT Hefferlin+Kronenberg Architects,PLLC-TN 3north-VA Heritage Foundation of Franklin&Williamson AlA Virginia-VA County-TN American Tobacco Holdings LLC-VA Historic Nashville, Inc. -TN AOSS Ventures LLC-VA Historic Ramsey House,Association for the Berkadia Commercial Mortgage—VA Preservation of Tennessee Antiquities, Knoxville Berryville Main Street-VA Chapter-TN Brian Wishneff&Associates-VA Hoskins Rose-TN Capital Region Land Conservancy-VA James F.Williamson,FAIA,Dept.of Carlyle Associates,LLC-VA Architecture,University of Memphis-TN Catalyst Development Company-VA Judith Johnson&Associates-TN Cava Capital LLC-VA Knox Heritage,Inc.-TN Cedar Street Genesis LLC-VA Parkes Development Group,LLC-TN Cityscape LLC—VA Plymouth Soundings-TN Clachan Properties-VA Sanders Pace Architecture-TN Claremont Preservation Consulting LLC-VA Tennessee Historical Commission-TN CMB Development, LLC-VA Tennessee Preservation Trust-TN Commonwealth Preservation Group-VA The Mill Workspace-TN Dodson Property Management-VA Downtown Danville Association-VA 14I Page East West Communities-VA Bellows Falls Downtown Development Alliance- Evolve Development,Inc. -VA VT Fountainhead Properties-VA Historic Windsor,Inc.-VT Fulton Hill Properties,LLC-VA Preservation Trust of Vermont-VT Genesis Investment Partners LLC-VA Vermont State Historic Preservation Office-VT Genesis Properties,Inc.-VA Chehalis Community Renaissance Team-WA Gentry Locke Attorneys-VA Commercial Real Estate Services-WA Habitat for Humanity of Winchester-Frederick- Daniels Real Estate-WA Clarke-VA Downtown Bellingham Partnership-WA Hampshire Properties LLC-VA Downtown Camas Association-WA Hanover County Historical Commission-VA Downtown Pasco Development Authority-WA Hatcher Tobacco Genesis LLC-VA Ellensburg Downtown Association-WA Highline Developments,LLC—VA Future Unlimited Law,PC-WA High Summit Holdings, LLC-VA Historic Downtown Chelan Association-WA Hirschler Fleischer—VA Historic Downtown Kennewick Partnership- Historic Housing LLC-VA WA Historic Richmond-VA Historic Seattle-WA Historic Staunton Foundation-VA Past Forward Northwest Cultural Services-WA Hopper Paper Lofts,LLC-VA Selah Downtown Association-WA Hudson Century,LLC-VA Spokane Preservation Advocates-WA Hunt Investments Inc.-VA Town of Friday Harbor-WA Jefferson Townhouses LLC-VA Trillium Creative Solutions -WA Kasper Mortgage Capital/KMC Tax Credits-VA Vancouver's Downtown Association-WA KB Building Services LLC-VA Washington Trust for Historic Preservation- Kiwi Development-VA WA Law Office of William J.Pantele,P.C.-VA Wenatchee Downtown Association-WA Linden Capital LLC-VA Chippewa Falls Main Street,Inc.-WI Macfarlane Partners-VA Commercial Association of REALTORS® Main Street Architecture,PC-VA Wisconsin-WI Maramjen Investments,LLC-VA Definitely De Pere-WI Marks,Thomas Architects-VA Doneff Companies LLC-WI Matchbox Realty and Management Inc.-VA Downtown Fond du Lac Partnership-WI Megan Shope Architect-VA Downtown Mainstreet, Inc.-La Crosse,WI Miller&Associates LLC—VA Frank Lloyd Wright(Taliesin)Foundation-WI MV+A,Architects-VA Fund Development Corporation-WI Octagon Finance-VA Future Omro Chamber-Main Street—WI Old National Bank-VA Gorman&Company,Inc.-WI Preservation Virginia-VA League of Wisconsin Municipalities -WI RAISING CLARITY-VA Legacy Architecture,Inc. -WI Richmond Mortgage,Inc.-VA Menomonee Valley Business Improvement Riverstreet Development,LLC—VA District/Milwaukee BID #26-WI Roseleigh Partners,LLC—VA Menomonee Valley Partners,Inc.-WI Roseneath Brewers,LLC-VA Milwaukee Downtown,BID #21-WI Sadler&Whitehead Architects,PLC-VA Near West Side Partners, Inc.-WI Savara Properties Inc.-VA On Broadway,Inc. -WI SECAM,Inc.—VA Positively Pewaukee-WI Smith Enterprises-VA Preserve,LLC-WI St.Paul Tomorrow,Inc. -VA Sheboygan Falls Chamber-Main Street-WI Straus,Itzkowitz&Lecompte Insurance-VA Stone Faces&Sacred Spaces-WI Thalhimer Realty Partners,Inc.-VA The Alexander Company, Inc.-WI The Edison Apartments-VA Waukesha Preservation Alliance-WI The Nolde Company,Inc.-VA Wausau River District-WI The Plains Management Company,LLC-VA Wiegand Enterprises LLC-WI Tyer Enterprises-VA Wisconsin Downtown Action Council-WI Tyer Rentals-VA Wisconsin State Historic Preservation Office- UrbanCore Construction-VA WI Virginia Department of Historic Resources-VA Chris Sadd Real Estate Development-WV Williams Mullen-VA City of Clarksburg-WV 15 1 Page City of Fairmont Planning Department-WV Sadd Brothers LLC-WV City of Hinton Historic Landmarks Commission Shady Grove Farm-WV -WV The Thrasher Group,Inc. -WV City of Lewisburg-WV VanNostrand Architects PLLC-WV Crawford Holdings,LLC-WV West Virginia Archeological Society-WV David Snider Architect-WV West Virginia Association of Museums-WV Edward Tucker Architects, Inc. -WV West Virginia Governor's Office-WV Footnotes in History-WV West Virginia Office of Secretary of Education& Friends of Wetzel County-WV Arts-WV Graduate Program in Architecture Fairmont AIA Wyoming-WY State University-WV Alliance for Historic Wyoming-WY Harrison County Historical Society-WV Buffalo Downtown Association-WY Jarrett Construction Services,Inc.-WV Cheyenne Downtown Development Jefferson County Farmland Protection Board- Authority/Main Street-WY WV Dance Wyoming-WY Jefferson County Historic Landmarks Downtown Sheridan Association-WY Commission-WV Gillette Main Street-WY Josh Lyons Architect-WV Green River Urban Renewal/Main Street Agency MF Products LLC-WV -WY Mills Group Architects-WV Hein 1 Bond LLC-WY Mountain Mama Studio-WV Laramie Main Street Alliance Pre-WY New South Media,Inc.-WV Main Street Pinedale-WY Old Hemlock Foundation-WV Potter Architecture,LLC-WY Omni Associates-Architects-WV Rock Springs Main Street-WY PracticeLink,LTD-WV Stateline No.7 Architects-WY Preservation Alliance of West Virginia-WV 16I Page POLITIC PRO Cities and businesses urge Congress to spare historic tax credits By Lorraine Woellert 09/26/2017 02:39 PM EDT A coalition of some 1,400 preservationists, builders, city leaders and business groups urged Congress to preserve the historic tax credit. The credit, which costs an estimated $1 billion a year, is used to adapt and rehabilitate historic properties so they can generate income as commercial or residential buildings. Since 1981, the IRS has issued $25.2 billion in tax credits which have generated more than $29.8 billion in federal revenue, the group wrote in a Sept. 22 letter. The letter was addressed to Sens. Orrin Hatch (R-Utah) and Ron Wyden (D-Ore.), the chairman and ranking member of the Senate Finance Committee, and Reps. Kevin Brady (R-Texas) and Richard Neal (D-Mass.), the chairman and ranking member of the House Ways and Means Committee. Signatories included the National League of Cities and National Trust for Historic Preservation, Nixon Peabody, Dentons and several other large law firms, and noted architects including Perkins+Will. To view online: https://www.politicopro.com/financial-services/whiteboard/2017/09/cities-and- busi nesses-u rge-congress-to-spare-h istoric-tax-cred its-093478 THE CITY OF DUB E Masterpiece an the Mississippi HISTORIC TAX CREDIT S ��-w� CREATING LOCAL JOBS z 4,111, 1_17.4..rLEVERAGING PRIVATE INVESTMENT �T.,'., --,,,.. - _ EXPANDING OPPORTUNITIES -ti r 4:. 7-//\,,NqM& . iii, - 1 I 's=r- %,''' -- ' \'-::.'''''..,:‘ \ j 1 "min '- -, , Historic tax credits (HTC)have been used to attract new private capital to the historic cores of cities and Main Streets across the nation and Dubuque is a prime example. These investments have, in turn, enhanced property values, created jobs, attracted new businesses and encouraged business expansions, revitalized neighborhoods and entire communities, and generated local, state, and federal tax revenues. CREATING LOCAL JOBS . . • Historic rehabilitation utilizes local labor and materials, which cannot be ' 00° 11 1 moved overseas. Because rehabilitation work is labor-intensive, these projects Jr 00 111 11; % create more jobs than new construction. I �j 01' III -11�, 11, 1 y • Since 2001, Federal HTC projects have created more than 2.3 million jobs ,,i j11 :: nationwide. til-jj11 II .-5 I • In Dubuque, downtown historic redevelopment has added well over 2,000 Illil_ permanent jobs in buildings that had been underutilized or were deteriorating B 11•• �,, or vacant for decades. IBM alone has added an estimated $400,000,000 in �� payroll to Dubuque since its arrival in the Roshek Building in 2009. ; ROSHEK BUILDING $43 MILLION PROJECT 1,135 JOBS 1 REVITALIZATION THROUGH LEVERAGED INVESTMENTS aI • Since 2001, Federal HTC projects have leveraged nearly$117 billion in private 4 0, it , , 11! investment-strengthening the private market. dig 00 �U;- - - "�"" --_ J I..l� 1 • Dubuque's greater downtown is being transformed through projects that r t have utilized HTCs. Combined with others, these programs have revitalized 18i� I I_;_: Dubuque's Main Street, Millwork District, Port of Dubuque, and other adjacent areas. `r_ t NOVELTY IRON WORKS BUILDING • These projects have brought thousands of jobs and hundreds of residential units $36 MILLION PROJECT to Dubuque's downtown. 76 RESIDENTIAL UNITS 46,000 SQ. FT.COMMERCIAL SPACE • To date, Dubuque has completed 34 projects and has more projects in the works which are expected to leverage more private investment. SAFE INVESTMENT • The$23.1 billion in Federal HTCs issued over the life of the program has generated $28.1 billion in tax revenue—a net gain to the Federal treasury 016 0,00111 ' of$5 billion. This is an excellent return on investment for taxpayers. • ;1 0 ■ Taxpayer funds are wisely protected, as funding from the credit is not If � ' provided until the project is complete and functioning. This means that to undertake the project, the private sector must invest and take the risk. With the HTC, the government is supporting results, not promises. SCHMID INNOVATION CENTER $33 MILLION PROJECT 72 RESIDENTIAL UNITS 115 JOBS EXPANDING OPPORTUNITY FOR ALL • Critical workforce housing needs in the City of Dubuque make the HTC a top priority as the City works to promote redevelopment and reinvestment in our urban core. Our younger workforce is looking for the sort of housing that can only be created in historic, urban settings. ■ The HTC makes communities more business-friendly. Many downtown _=` ' rehabilitation projects create affordable spaces for small businesses in II • thriving, mixed-use neighborhoods. 717 ..1. •• The HTC makes communities safer. Without the HTC, buildings risk '! lP remaining vacant, inviting crime, deterring adjacent investment, lowering the tax base, and costing taxpayers money. — • Incentivizing downtown development through historic rehab projects is the HEARTLAND FINANCIAL BUILDING most economically sound approach for cities. Downtown development $7+MILLION PROJECT 210 JOBS allows cities to focus on repair and maintenance of existing infrastructure instead of spending taxpayers' money to continually extend infrastructure to the far edges of city limits. REQUESTED ACTION RETAIN THE HISTORIC TAX CREDIT (HTC) IN '' COMPREHENSIVE TAX REFORM ; , ®'I Comprehensive tax reform will want to retain the Federal HTC, since '!11111 it meets the objectives of the proposed reform: creating local jobs, °_ — ` 9 €+ • :. leveraging private investment, and expanding opportunity for all Americans. COOPER WAGON WORKS BUILDING $3 MILLION PROJECT 21 RESIDENTIAL UNITS For additional information, contact the City of Dubuque Economic 60 JOBS Development Office at 563.589.4393 or econdev@cityofdubuque.org. 03/22/2017 NATIONAL N LEAGUE OF CITIES CITIES STRONG TOGETHER SUPPORT CITIES: Protect the State and Local Tax (SALT) Deduction NLC calls on Congress and the President to preserve the state and local tax (SALT) deduction that will: Gives local governments the flexibility mandatory. To help offset the burden for to raise the revenues needed to fund taxpayers, the state and local tax (SALT) essential services such as: deduction was implemented in the first tax - Education and Workforce Development code and reflects an intergovernmental relationship that has existed for over 100 -Infrastructure years. -Community Development -Public Safety Through the SALT deduction, local residents can claim what they paid in state and local elk Prevent American taxpayers from being income taxes, as well as local property taxes, taxed twice on the same income by as a deduction on their federal income tax. deducting paid local taxes from federal This allows local governments the flexibility income tax to raise needed revenues without concerns of double taxing their residents. Almost 30% of American Repealing the SALT deduction would put taxpayers, including tremendous pressure on local governments to lower taxes and endanger already individuals in every state strained budgets. With state limitations on and in all income brackets, local governments' ability to raise revenue, use the SALT deduction. eliminating the state and local tax deduction would further preempt local control. Congress and the President must maintain Every day, local leaders build and maintain the federal deduction for state and local taxes critical infrastructure, such as schools, and reform the tax code without passing the water and sewer systems, hospitals, roads, fiscal burden onto American cities and towns. and public transportation systems. These essential public services are largely paid for by the revenue generated from state and local taxes. Unlike many tax deductible expenses, state and local taxes are For more information Contact Brett Bolton at 202-626-3183 or bolton@n1c.org National League of Cities 1660 North Capitol Street NW I Washington DC 20001 1202.626.3000 I www.nlc.org The Impact of Eliminating the State and Local Tax Deduction Updated with 2015 IRS Data Report prepared by the Government Finance Officers Association Government Finance NGAb . . Officers Association TIONAL GOVERNORS ASSOCIATION • I �z (1111 The Council 1 1 I 1 1 NATIONAL imil:q1 f State NCSL NLC LEAGUE Governments OF CITIES NATIONAL CONFERENCE CITIES STRONG TOGETHER of STATE LEGISLATURES NATIONAL NAL(/ I CMA LWNASBO ASSOCIATION /COUNTIES INTERNATIONAL CITY/COUNTY NATIONAL ASSOCIATION Of STATE BUDGET OFFICERS MANAGEMENT ASSOCIATION About the Government Finance Officers Association Government Finance Since 1906,Government Finance Officers Association(GFOA)has been dedicated to G ern ent Fi ancion promoting excellence in government financial management to state and local government finance officers.GFOA represents more than 19,000 members in the United States and Canada. NGA�` About the National Governors Association The National Governors Association(NGA),founded in 1908,is the collective voice of GOVERNORS ASSOCIATION the Nation's governors. NGA's members are the governors of the 50 States,three Territories,and two Commonwealths. About the United States Conference of Mayors The U.S. Conference of Mayors is the official nonpartisan organization of cities with • populations of 30,000 or more.There are over 1,400 such cities in the country today, `.• •••• and each city is represented in the Conference by its chief elected official,the mayor. Like us on Facebook at facebook.com/usmayors or follow us on Twitter at twitter. * com/usmayors. The Council About the Council of State Governments of State Founded in 1933,The Council of State Governments champions excellence in state !Io, Governments governments to advance the common good. CSG is a region-based forum that fosters illommthe exchange of insights and ideas to help state officials shape public policy.A nonprofit, nonpartisan organization,CSG is the nation's only organization that serves all three branches of state government.CSG membership includes 56 U.S.states and territories,and six Canadian provinces also partner with the council. MI\ About the National Conference of State Legislatures (NCSL) 1 NCSL is the bipartisan organization that serves the legislators and staffs of the states, 1 11 1 11 commonwealths and territories. NCSL provides, research,technical assistance and NCSLopportunities for policymakers to exchange ideas on the most pressing state issues NATIONAL CONFERENCE and is an effective and respected advocate for the interests of the states in the sf STATE LEGISLATURE American federal system. N iC NATIONAL About the National League of Cities LEAGUE The National League of Cities(NLC)is dedicated to helping city leaders build better OF CITIES communities. NLC is a resource and advocate for 19,000 cities,towns and villages, CITIES STRONG TOGETHER representing more than 218 mil lion Americans.www.nlc.org NATIONAL About the National Association of Counties ASSOCIATION /COUNTIES NA ) The National Association of Counties(NACo)unites America's 3,069 county governments. Founded in 1935, NACo brings county officials together to advocate with a collective voice on national policy,exchange ideas and build new leadership skills, pursue transformational county solutions,enrich the publics understanding of county government,and exercise exemplary leadership in public service. ICMA About the International City/County Management Association Founded in 1914, ICMA,the International City/County Management Association, INTERNATIONAL CITY/COUNTY advances professional local government through leadership, management, MANAGEMENT ASSOCIATION innovation,and ethics. ICMA's 11,000 members are the professional city,town,and county managers who are appointed by elected officials to oversee the day-to-day operation of our communities. ICMA provides member support, publications,data, and information; peer and results-oriented assistance;and training and professional development worldwide. WNASBO About the National Association of State Budget Officers Founded in 1945, NASBO serves as the professional organization for all state budget NATIONAL ASSOCIATION OF STATE BUDGET OFFICERS officers of the fifty states and U.S.territories. NASBO collects data and publishes numerous reports on state fiscal conditions and organizes meetings and training for budget and finance officials.The organization also provides public officials,the media and citizens detailed information on state financial management and budgeting. As part of its tax reform efforts, Congress is debating whether to eliminate the ability for taxpayers to deduct state and local taxes (SALT). Similar efforts have been attempted in the past, and they failed each time — for a simple reason. If SALT were repealed, almost 30% of taxpayers, including individuals in every state and in all income brackets, would be adversely impacted. In 2015, the most recent year for which data are available, that included over 44 million tax units representing well over 100 million Americans. Additionally, more than 50% of the total amount of the SALT deduction went to taxpayers with adjusted gross incomes (AGI) under $200,000. Since the federal income tax was adopted in the early 20th century, it has been recognized that independent state and local government tax structures should be respected. The deduction of state and local taxes has contributed to the stability of state and local tax revenues that are essential for providing public services. State and local governments must balance their budgets every year, so any change that disrupts the stability of their tax structure will harm their ability to fund those essential services. The hnpact of Eliminating the State and Local Tax Deduction 3 State and Local Taxes (SALT): How Do Taxpayers Benefit A Deduction that Prevents from the SALT Deduction? Double Taxation Everyone in the United States benefits from SALT, Taxpayers in the United States are granted a range but the SALT deduction is used directly by around of tax preferences from the federal government. 30%of all taxpayers. Currently,taxpayers are given The Revenue Act of 1913,which introduced the the option of deducting real estate taxes as well as federal income tax, states that"all national,state, either income taxes or sales taxes paid to state county, school, and municipal taxes paid within the and local governments. However,the majority of year, not including those assessed against local SALT deductions are for income and property benefits,"can be deducted. The Revenue Act of taxes (see Figure 1). 1964 later named specific state and local taxes that could be deducted,which included: real and These tax preferences make it more affordable to personal property, income,and general sales own a home and provide incentives for generating taxes.These tax preferences serve two important economic activity,and remove instances where goals. First, by allowing taxpayers the ability to income is taxed twice— by both the state or local deduct state and local taxes (SALT),taxpayers entity and the federal government. If the SALT avoid being taxed twice on the same income. deduction were eliminated, it would represent a Additionally,the deduction on property taxes, significant tax increase on homeowners and along with deduction on mortgage interest, make it much more difficult for many Americans provides a strong incentive for homeownership. to own their homes.This tax increase would The sales tax deduction provides similar incentives drive significant changes in the housing market. for encouraging spending —which facilitates Home prices—which have been set for decades economic growth. assuming the SALT deductions —would inevitably fall, causing a significant loss in wealth for many Americans and creating instability in the market. In recent years, almost 30% of tax Housing is a highly valued asset for residents and units used the SALT deduction. Only communities. Historically,the deductibility of the 21% used the deduction for mortgage property tax has often been a positive element in interest, and 15% used the deduction stabilizing housing values and markets.The deduction for property taxes,along with the for charitable donations. deduction for mortgage interest, provides an important incentive for homeownership. Eliminating these deductions would harm home Compared with other common deductions,the prices and disrupt the markets and industries that state and local tax deduction has a larger impact depend on a strong housing economy. than the deductions for both charitable giving and mortgage interest. In recent years, almost 30% of tax units used the SALT deduction. Only 21% used Over 60% of deductions from the deduction for mortgage interest, and 15% used the deduction for charitable donations. taxpayers with less than$50,000 in income come from property tax. This highlights how important the property tax deduction is to middle class homeownership. 4 The Impact of Eliminating the State and Local Tax Deduction Figure 1 — Distribution of the SALT Deduction Distribution of SALT Deductions 100% 90% 80% Real Estate 70% Tax 60% 35% Income 50% Tax General 62% 40% Sales Tax 30% 3% 20% 10% 0% Source:IRS SOI Tax Stats(2015) Under 50K 50K to 100K 100K to 200K Over 200K • Real Estate Tax Income Tax • Sales Tax While the SALT deduction is used across all income tax units with an AGI of more than $200,000 are levels,the actual amount of property versus from income taxes, over 60%of deductions from income versus sales tax deducted by lower, taxpayers with less than $50,000 in income come middle,and upper income taxpayers provides from property tax. This highlights how important insight into how those taxpayers benefit. For the property tax deduction is for middle class example,while over 70% of SALT deductions for homeownership. Deductions of property, income,and sales taxes are primarily determined by states'specific strategies for raiseing revenue.As Figure 2 shows,the majority of states have income and sales taxes,and some allow local income taxes. All states allow for property taxes,although this tax is administered at the local level. Figure 2 — The Number of States Collecting Various Forms of Taxes Tax #of States That Collect State Income Tax 41 Local Income Tax 12 State Sales Tax 45 Local Sales Tax 38 Property Tax 50 Sources:Urban-Brookings Tax Policy Center(2016),Tax Foundation Fiscal Fact No.461(2015) The hnpact of Eliminating the State and Local Tax Deduction 5 Figure 3— The Impact of Eliminating the SALT Deduction Family of 4 in Homeowner in Family of 3 in Couple in Barrington, IL Eugene,OR Conroe,TX Chaska, MN INCOME: $250,000 INCOME: $75,000 INCOME: $100,000 INCOME: $150,000 STATE INCOME TAX: $ 8,750 STATE INCOME TAX: $ 6,344 SALES TAX: $ 3,300 STATE INCOME TAX: $ 10,000 PROPERTY TAX: $ 15,000 PROPERTY TAX: $ 4,000 PROPERTY TAX: $ 6,500 PROPERTY TAX: $ 4,750 SALT DEDUCTION: $ 23,750 SALT DEDUCTION: $10,344 SALT DEDUCTION: $ 9,800 SALT DEDUCTION: $ 14,750 ADDITIONAL TA X: $ 6,650 ADDITIONAL TAX: $ 1,552 ADDITIONAL TAX: $ 2,450 ADDITIONAL TAX: $ 4,130 • The SALT Deduction by Income Level Contrary to popular opinion,the deduction of state and local taxes does not exclusively benefit the In fact, almost 40% of taxpayers wealthy, even though that argument has been making between $50K to $75K per year used countless times in attempts to modify or repeal the deduction. In fact, almost 40% of and more than 70% of taxpayers taxpayers making between $50K to $75K per year earning from $100K to $200K per year and more than 70%of taxpayers earning from $100K to $200K per year and use the SALT and use the SALT deduction. deduction. Figure 4 — The SALT Deduction by Adjusted Gross Income Adjusted #of Total #of Tax Returns Using %Claiming SALT Deduction Gross Income Tax Returns SALT Deductions Deduction Amount(%) Under 25K 56,717,580 3,061,430 5% 2% 25K to 50K 35,077110 6,563,670 19% 5% 50K to 75K 19,944,460 7,603,690 38% 8% 75K to 100K 12,925,290 6,903,290 53% 9% 100K to 200K 18,330,660 13,915,460 76% 28% 200K to 500K 5,419,600 5,065,480 93% 21% 500K to 1 M 864,920 805,020 93% 8% 11111+ 438,370 400,420 91% 20% Total 149,726,990 44,318,460 29.6% 100% 6 The Impact of Eliminating the State and Local Tax Deduction One of the key takeaways from Figure 4 is that amount deducted is from those earning between over 50%of the total amount of the SALT $100,000 and $200,000 per year in AGI.With a deduction goes to taxpayers making less than standard deduction of$6,350 per individual and $200,000 a year. In fact, every single taxpayer with $12,700 for married couples filing jointly, even if income above the standard deduction amount Congress were to offset impacts from eliminating could potentially benefit from deducting SALT. the SALT deduction through increases in the When looking at the total amount deducted by standard deduction,the deduction would need to income bracket, it is clear that the SALT deduction increase significantly. Even if it were to double or benefits taxpayers across all brackets. In fact,the triple, a significant portion of taxpayers would still bracket with the most filers and the largest total end up with tax increases. Figure 5 — Total Deduction Amounts Adjusted Total Number of Total$Deducted Average SALT Deduction Gross Income SALT Deductions Deduction* as%of AGI Under 25K 3,061,430 $ 10,715,857,000 $3,500 2% 25K to 50K 6,563,670 $ 26,377,106,000 $4,019 2% 50K to 75K 7,603,690 $ 41,818,805,000 $5,500 3% 75K to 100K 6,903,290 $ 50,018,752,000 $7,246 4% 100K to 200K 13,915,460 $154,484,401,000 $11,102 6% 200K to 500K 5,065,480 $115,726,717,000 $22,846 7% 500Kto1M 805,020 $ 43,921,403,000 $54,559 8% 1 M+ 400,420 $109,645,122,000 $273,825 8% Total 44,318,460 $552,708,163,000 $12,471 5.4% *Calculated as SALT deduction amount divided by number of SALT deductions. Eliminating the SALT deduction would result in which takes into account more variables, additional taxes. Figure 6 shows the average tax the average increase would be over$2,000 if SALT increases for tax units that itemize across each were repealed.Thus, both estimates demonstrate income bracket. On average,taxes paid by that the repeal of the SALT deduction would have a taxpayers who itemize deductions would major and adverse impact on taxpayers.While that significantly increase. Some other models,such impact varies by income,there would be a tax as the Urban-Brookings Microsimulation Model, increase for everyone who deducts SALT. The hnpact of Eliminating the State and Local Tax Deduction 7 Figure 6 — The Additional Tax Burden if the SALT Deduction Were Eliminated Adjusted Average SALT Marginal Estimated Average Amount Gross Income Deduction Tax Rate of Tax Increase Under 25K $3,500 15.0% $ 526 25K to 50K $4,019 15.0% $ 603 50K to 75K $5,500 15.0% $ 825 75K to 100K $7,246 25.0% $ 1,811 100K to 200K $11,102 28.0% $ 2,868 200K to 500K $22,846 33.0% $ 7,324 500Kto1M $54,559 39.6% $21,606 1 M+ $273,825 39.6% $108,435 The SALT Deduction by State In addition to its effect on taxpayers who itemize, The average deduction in California, New York, and regardless of adjusted gross income,the SALT New Jersey are all over $17,000. If the SALT deduction also benefits taxpayers in all 50 states. deduction were eliminated,assuming a 25% The tax deduction is used by Americans living in marginal tax rate, an average taxpayer in New York urban, suburban,and rural locations. who currently itemizes SALT would face a tax increase of almost$5,500.Those considering a The states with the highest percentage of repeal of the SALT deduction must answer to taxpayers using the SALT deduction are in the taxpayers who may not be able to afford the loss East and Northeast regions. However,states in the of such a large deduction. West and Midwest also take advantage of the deduction. Overall, use of the SALT deduction is widespread among all states regardless of geographic area, political identification,wealth, If the SALT deduction were eliminated, or economic activity. assuming a 25% marginal tax rate, an average taxpayer in New York who currently itemizes SALT would face a tax increase of almost $5,500. 8 The Impact of Eliminating the State and Local Tax Deduction Figure 7 - Percentage of Tax Units that Use the SALT Deduction and the Average Deduction by State State %with SALT Average SALT State %with SALT Average SALT Deductions Deduction* Deductions Deduction* MD 46% $ 12,931 ME 28% $ 11,431 CT 41% $ 19,664 NE 28% $ 11,088 NJ 41% $ 17,850 SC 27% $ 8,765 DC 40% $ 16,442 VT 27% $ 12,407 VA 37% $ 11,288 MI 27% $ 9,648 MA 37% $ 15,571 MO 26% $ 9,886 OR 36% $ 12,616 OH 26% $ 10,444 UT 35% $ 8,291 KY 26% $ 9,955 MN 35% $ 12,954 AL 26% $ 5,918 NY 35% $ 22,169 KS 25% $ 9,425 CA 34% $ 18,437 NV 25% $ 5,989 GA 33% $ 9,158 OK 24% $ 8,201 RI 33% $ 12,434 MS 23% $ 6,302 CO 32% $ 9,017 LA 23% $ 6,742 DE 32% $ 9,194 TX 23% $ 7,823 IL 31% $ 12,523 IN 23% $ 8,756 WI 31% $ 11,653 FL 22% $ 7,373 NH 31% $ 10,121 NM 22% $ 7,091 WA 30% $ 7,402 AR 22% $ 9,116 IA 29% $ 10,163 WY 22% $ 6,306 HI 29% $ 9,905 AK 21% $ 4,931 NC 29% $ 9,587 TN 19% $ 5,611 PA 29% $ 11,248 ND 18% $ 6,864 AZ 28% $ 7,403 WV 17% $ 9,462 MT 28% $ 9,357 SD 17% $ 6,098 ID 28% $ 8,862 *Calculated as SALT deduction amount divided by number of SALT deductions. The hnpact of Eliminating the State and Local Tax Deduction 9 The SALT Deduction by Congressional District The statistics in the earlier sections demonstrate However, use of the SALT deduction is also the significance of the deduction for taxpayers common throughout the U.S. Over40% of at all income levels and across the states. taxpayers in districts throughout Georgia, Oregon, The need to retain the SALT deduction is more Pennsylvania, Minnesota,California, and Michigan evident when analyzing statistics from specific use the SALT deduction. areas of the country. Figure 8 shows the impact across congressional Consider the map in Figure 8,which shows SALT districts.The darker the color on the map,the higher deductions by congressional district. It is evident the amount of deduction claimed per congressional that taxpayers across all congressional districts district(normalized on a percentile basis). Figure 9 benefit from the SALT deduction.The amount of shows the specific impact on example districts, claims is highest in the Northeast, Midwest,and including the approximate additional tax burden, West Coast. For example,a few districts in New or tax increase on taxpayers that would result York, New Jersey, Maryland, and Virginia see over from eliminating the SALT deduction. 50%of tax payers using the SALT deduction. Figure 8 — The SALT Deduction by Congressional District 1 411i41 ,se:::- .4. ', Illilimh afgilk ''' -' : TellirWillii: ' 1".r • isrusirril. ..A.igipii.t INN .- . L vit. areit.:47. 6, lay.,.4 ',It (_____I 10 Oat - DAFT . tlf ,rir�1 F -- , 470m.11110 ' le,- N 01' ,mFiv t , . is Percentile 10,, 20% 30% 40':s; SON 60% 70% 80% 90% 100% of District Using SALT Deduction 19% 22% 25% 27% 29% 31% 34% 38% 43% 52% in District 10 The Impact of Eliminating the State and Local Tax Deduction Figure 9 — Additional Tax Burden by Congressional District, Example Districts State District %Using SALT Amount of SALT Additional Tax Burden Deduction Deduction by Taxpayers in Congressional District* TX 8 26% $1,172,458,600.00 $293,114,650.00 OH 12 33% $1,714,441,500.00 $428,610,375.00 WA 8 32% $1,057,498,600.00 $264,374,650.00 IL 6 38% $3,196,473,000.00 $799,118,250.00 NY 23 22% $800,207,000.00 $200,051,750.00 MI 8 35% $1,354,539,800.00 $338,634,950.00 NC 2 32% $1,118,547,210.00 $279,636,802.50 MO 8 17% $348,497,340.00 $87,124,335.00 MA 1 32% $1,055,631,000.00 $263,907,750.00 NJ 9 37% $2,386,285,700.00 $596,571,425.00 CA 22 24% $361,586,800.00 $90,396,700.00 Note:The additional tax burden assumes a 25%average marginal rate for all taxpayers,and the total estimate amount includes taxes paid by all tax units within the congressional district. The SALT Deduction and Its Impact on State and Local Government The SALT deduction reflects a partnership between code provides deductibility.Taxpayers would not the federal government and state and local accept a tax increase in taxes paid, or double governments.The deduction is fundamental to the taxation, and they would make their displeasure way states and localities budget for and provide known — especially those in high-tax jurisdictions. critical public services,and a cornerstone of the U.S. Deprived of SALT as a tool for keeping their tax system of fiscal federalism. It reflects a collaborative burden lower,they would push back against the relationship between levels of government that tool that they have available to them — local tax has existed for over 100 years. Currently,the SALT rates,which provide the revenues needed to deduction is an accepted part of the tax structure provide essential public services, such as police that is critical to the stability of state and local officers,teachers,firefighters,and other valuable government finance. public servants,along with critically important investments that provide for infrastructure, public States, cities, counties,school districts, and other safety, healthy communities,and many factors special districts have all established tax rates that contributing to the quality of life. operate under the assumption that the federal tax The hnpact of Eliminating the State and Local Tax Deduction 11 001900lflocal CONGRESSIONAL ���� governments reduced taxes to offset anytax DISTRICT increase at the federal level,this would result in job ■■■ . . 11111 ** losses, reductions in spending on capital equipment, •�� •� II • 11111 and decrease in infrastructure investment. Based on • " 11r • - a typical costs,the amount of revenue lost could be ,,% S I I I •. c. used to supportfive police officers,10 teachers,five(��1�(..) public works employees, purchases of new capital r equipment,such as a fire truck,and over$150 million Tax Impact 1 1 1 1 1 1 1 11 1 in infrastructure,that could support new schools, $306 Million roads,parks,and water/waste water facilities. CITY SCHOOLS STATE OTHER GOVERNMENTS Iii I.1 �� � 1liii . • s�� �� I. !!"' . :Ili all . lulL 1C:C " a 11111 • ." •: : • .�•• Ma a • He I :1 : • .I. •: : "r. . ,t% 11 1 1 III ,t% III 1 I& i% I I I I SII tat II I I Iii Tax Impact Tax Impact Tax Impact Tax Impact $59 Million $125 Million $58 Million $64 Million Tax rates are obtained from Conroe,TX and Montgomery County,IRS(2014)data is also used.We assumed that 75%of SALT deduction for the 8th Congressional District was from propertytaxes and an average marginal tax rate of 25%. Conclusion The elimination of the SALT deduction would have federal deficit and to promote jobs and economic ramifications fortaxpayers and state and local growth.As Congress discusses tax reform governments alike.This report provides a realistic proposals, it is essential to consider the impact any picture of the consequences of the proposal to changes will have on the bottom lines of state and eliminate the SALT deduction.Virtually all local governments,the very bodies that bear the Americans would be affected by a repeal of the burden of over three quarters of the cost of SALT deduction.Alternative proposals being providing the infrastructure that keeps our discussed, such as increasing the standard economy strong.The principle of fiscal federalism deduction or adjusting marginal tax rates,will underpins the necessity of ensuring that any mitigate the impact of eliminating the SALT federal tax reforms allow local and state deduction for individual taxpayers but will governments to retain authority over their own tax inevitably provide a different distribution of tax policies, retaining the deductibility of personal expenditures —creating a situation where many state and local property,sales,and income taxes tax payers will still face a significant tax increase. on federal tax returns. Recognizing the partnership that exists between federal, state,and local In summary,the thousands of state and local governments ensures that taxpayers are not elected and appointed public servants understand double taxed and maintains the essential public the need for tax reform to address the rising services upon which Americans rely. 12 The Impact of Eliminating the State and Local Tax Deduction Appendix State District Party %of Tax Units Average SALT Average State District Party %of Tax Units Average SALT Average Affiliation Using SALT Deduction* Taxpayer Affiliation Using SALT Deduction* Taxpayer Deduction Deduction** Deduction Deduction** CA AK At-Large R 21% $4,932 $1,057 50 R 34% $12,808 $4,323 AL 1 R 25% $5,298 $1,335 CA 51 D 30% $14,545 $4,364 AL 2 R 22% $4,740 $1,022 CA 52 D 33% $15,249 $5,106 CA 53 D 33% $15,249 $5,106 AL 3 R 24% $4,814 $1,162 CO 1 D 32% $9,758 $3,102 AL 4 R 20% $4,759 $965 CO 2 D 35% $8,819 $3,115 AL 5 R 29% $5,650 $1,627 CO 3 R 26% $7,916 $2,041 AL 6 R 33% $7,001 $2,332 CO 4 R 36% $9,487 $3,370 AL 7 D 28% $6,348 $1,760 CO 5 R 29% $6,305 $1,826 AR 1 R 19% $7,181 $1,351 CO 6 R 42% $9,986 $4,208 AR 2 R 28% $9,267 $2,599 CO 7 D 39% $8,180 $3,151 AR 3 R 25% $10,671 $2,645 CT 1 D 41% $13,939 $5,754 AR 4 R 18% $7,074 $1,288 CT 2 D 39% $13,070 $5,125 AZ 1 D 27% $6,619 $1,812 CT 3 D 40% $13,803 $5,523 AZ 2 R 27% $6,600 $1,749 CT 4 D 38% $13,744 $5,271 AZ 3 D 27% $6,972 $1,901 CT 5 D 40% $13,869 $5,521 AZ 4 R 27% $6,674 $1,807 DC At-Large D 40% $16,443 $6,541 AZ 5 R 30% $7,454 $2,240 DE At-Large D 32% $9,195 $2,907 AZ 6 R 30% $7,454 $2,240 FL 1 R 19% $5,059 $954 AZ 7 D 30% $7,454 $2,240 FL 2 R 18% $4,711 $859 AZ 8 R 30% $7,454 $2,240 FL 3 R 17% $4,609 $795 AZ 9 D 30% $7,454 $2,240 FL 4 R 21% $5,444 $1,166 CA 1 R 33% $10,546 $3,432 FL 5 D 21% $5,000 $1,034 CA 2 D 38% $22,727 $8,559 FL 6 R 25% $6,769 $1,700 CA 3 D 32% $10,129 $3,226 FL 7 D 21% $5,138 $1,072 CA 4 R 36% $11,802 $4,249 FL 8 R 21% $6,351 $1,319 CA 5 D 38% $15,167 $5,799 FL 9 D 18% $4,582 $813 CA 6 D 33% $10,803 $3,515 FL 10 D 19% $4,884 $934 CA 7 D 32% $10,174 $3,283 FL 11 R 20% $5,145 $1,015 CA 8 R 30% $8,845 $2,696 FL 12 R 20% $5,555 $1,108 CA 9 D 35% $13,356 $4,647 FL 13 D 20% $6,494 $1,309 CA 10 R 28% $9,792 $2,749 FL 14 D 21% $6,131 $1,259 CA 11 D 44% $18,672 $8,231 FL 15 R 19% $5,365 $1,035 CA 12 D 38% $32,428 $12,214 FL 16 R 26% $8,900 $2,334 CA 13 D 38% $32,428 $12,214 FL 17 R 21% $6,745 $1,393 CA 14 D 40% $34,749 $14,064 FL 18 R 26% $10,124 $2,639 CA 15 D 44% $18,672 $8,231 FL 19 R 26% $11,789 $3,110 CA 16 D 23% $9,501 $2,159 FL 20 D 27% $9,226 $2,512 CA 17 D 42% $30,259 $12,728 FL 21 D 28% $9,276 $2,563 CA 18 D 41% $31,193 $12,907 FL 22 D 28% $9,276 $2,563 CA 19 D 42% $30,259 $12,728 FL 23 D 24% $6,647 $1,570 CA 20 D 35% $22,766 $7,931 FL 24 D 24% $6,647 $1,570 CA 21 R 25% $9,932 $2,531 FL 25 R 25% $8,623 $2,123 CA 22 R 24% $9,844 $2,348 FL 26 R 23% $8,026 $1,831 CA 23 R 29% $14,370 $4,203 FL 27 R 22% $6,870 $1,517 CA 24 D 34% $15,492 $5,252 GA 1 R 28% $7,701 $2,159 CA 25 R 33% $16,723 $5,549 GA 2 D 26% $6,713 $1,714 CA 26 D 33% $16,723 $5,549 GA 3 R 33% $7,257 $2,410 CA 27 D 31% $14,042 $4,400 GA 4 D 35% $7,934 $2,764 CA 28 D 32% $17,538 $5,563 GA 5 D 34% $11,105 $3,810 CA 29 D 32% $17,538 $5,563 GA 6 R 38% $11,445 $4,304 CA 30 D 33% $16,723 $5,549 GA 7 R 40% $8,881 $3,531 CA 31 D 31% $8,765 $2,697 GA 8 R 27% $6,697 $1,798 CA 32 D 32% $17,538 $5,563 GA 9 R 31% $7,833 $2,458 CA 33 D 32% $17,538 $5,563 GA 10 R 34% $7,529 $2,528 CA 34 D 32% $17,538 $5,563 GA 11 R 39% $10,807 $4,163 CA 35 D 31% $14,042 $4,400 GA 12 R 26% $6,716 $1,724 CA 36 D 34% $9,699 $3,308 GA 13 D 37% $10,116 $3,696 CA 37 D 32% $17,538 $5,563 GA 14 R 26% $6,644 $1,726 CA 38 D 34% $17,864 $6,102 HI 1 D 30% $9,199 $2,762 CA 39 R 33% $15,575 $5,177 HI 2 D 29% $8,911 $2,548 CA 40 D 32% $17,538 $5,563 IA 1 R 29% $9,229 $2,651 CA 41 D 34% $9,699 $3,308 IA 2 D 27% $9,606 $2,634 CA 42 R 34% $9,699 $3,308 IA 3 R 35% $10,460 $3,663 CA 43 D 32% $17,538 $5,563 IA 4 R 25% $8,863 $2,229 CA 44 D 32% $17,538 $5,563 ID 1 R 28% $8,083 $2,241 CA 45 R 37% $18,200 $6,752 ID 2 R 28% $8,497 $2,383 CA 46 D 37% $18,200 $6,752 L 1 D 34% $13,226 $4,471 CA 47 D 34% $17,864 $6,102 L 2 D 33% $12,626 $4,174 CA 48 R 37% $18,200 $6,752 IL 3 D 36% $13,763 $4,967 CA 49 R 35% $16,524 $5,776 *Calculated as SALT deduction amount divided by number of SALT deductions. **Calculated as SALT deduction amount divided by number of tax filers. The hnpact of Eliminating the State and Local Tax Deduction 13 State District Party %of Tax Units Average Salt Average State District Party %of Tax Units Average Salt Average Affiliation Using SALT Deduction* Taxpayer Affiliation Using SALT Deduction* Taxpayer Deduction Deduction** Deduction Deduction** IL 4 D 31% $13,664 $4,278 , MN 1 D 28% $10,104 $2,879 IL 5 D 35% $14,179 $4,910 ] MN 2 R 43% $11,479 $4,883 IL 6 R 38% $14830 $5,704 II MN 3 R 40% $15,021 $5,993 IL 7 D 31% $13,664 $4278 ] MN 4 D 36% $12,451 $4,446 MN 5 D 37% $14,120 $5,201 IL 8 D 36% $13,928 $4,948 MN 6 R 39% $13,123 $5,180 I L 9 D 31% $13,664 $4,278 ] M N 7 D 25% $9,743 $2,454 IL 10 D 35% $15,816 $5,583 MI MN 8 D 28% $8,788 $2,503 IL 11 D 37% $13,444 $5,028 ] MO 1 R 30% $12,183 $3,692 IL 12 R 24% $8,798 $2,087 MI MO 2 R 37% $11,581 $4,245 IL 13 R 26% $9,542 $2,454 ] MO 3 R 29% $7,695 $2,205 IL 14 R 43% $14,453 $6,271 MI MO 4 R 21% $7,519 $1,552 IL 15 R 20% $8,653 $1,757 • MO 5 D 28% $8,622 $2,393 IL 16 R 30% $9,731 $2,967 1 MO 6 R 25% $8,657 $2,156 IL 17 D 24% $9,308 $2,200 • MO 7 R 19% $7,759 $1,503 IL 18 R 26% $9,802 $2,529 1 MO 8 R 17% $6,452 $1,128 IN 1 D 28% $7,951 $2,198 • MS 1 R 22% $5,899 $1,324 IN 2 R 20% $8,692 $1,708 IIMS 2 D 21% $6,288 $1,338 IN 3 D 20% $7,966 $1,605 • MS 3 R 25% $6,300 $1,565 IN 4 R 25% $7,834 $1,940 IIIMS 4 R 23% $6,300 $1,424 IN 5 R 28% $9,738 $2,766 ] MT At-Large R 28% $9,358 $2,640 IN 6 R 20% $7,242 $1,431 MNC 1 D 24% $7,268 $1,747 IN 7 D 22% $8,262 $1,859 ] NC 2 R 32% $9,335 $2,984 IN 8 R 18% $7,839 $1,391 MI NC 3 R 25% $7,596 $1,875 IN 9 R 24% $7,674 $1,865 ] NC 4 D 35% $10,310 $3,564 KS 1 R 18% $6,787 $1,243 MI NC 5 R 26% $8,528 $2,259 KS 2 R 22% $7,431 $1,657 ] NC 6 R 28% $9,146 $2,590 KS 3 R 37% $11,216 $4,160 NC 7 R 26% $7,391 $1,885 KS 4 R 24% $8,772 $2,085 • NC 8 R 30% $9,738 $2,929 KY 1 R 20% $7,487 $1,484 III NC 9 R 36% $11,304 $4,094 KY 2 R 25% $7,986 $1,962 • NC 10 R 26% $8,079 $2,114 KY 3 D 31% $10,653 $3,329 IIINC 11 R 23% $7,175 $1,631 KY 4 R 32% $10,586 $3,370 • NC 12 D 33% $10,116 $3,293 KY 5 R 15% $7,419 $1,136 IIINC 13 R 33% $9,594 $3,192 KY 6 R 29% $9,745 $2,861 • ND At-Large R 18% $6,865 $1,267 LA 1 R 25% $7,659 $1,886 NE 1 R 29% $9,894 $2,914 LA 2 D 25% $7,075 $1,791 ] NE 2 R 33% $12,484 $4,110 LA 3 R 20% $7,033 $1,389 MNE 3 R 20% $9,076 $1,832 LA 4 R 22% $5,887 $1,278 ] NH 1 D 31% $9,613 $3,025 LA 5 R 19% $5,456 $1,045 M NH 2 D 31% $9,711 $2,974 LA 6 R 25% $6,298 $1,594 ] NJ 1 D 42% $12,692 $5,341 MA 1 D 32% $10,766 $3,461 MI NJ 2 R 38% $11,422 $4,310 MA 2 D 36% $13,389 $4,810 ] NJ 3 R 43% $11,987 $5,109 MA 3 D 38% $15,044 $5,782 JR NJ 4 R 45% $16,912 $7,538 MA 4 D 39% $15,106 $5,955 • NJ 5 D 43% $18,535 $7,895 MA 5 D 35% $16,324 $5,640 III NJ 6 D 44% $16,531 $7,309 MA 6 D 39% $15,797 $6,140 • NJ 7 R 46% $21,276 $9,834 MA 7 D 36% $18,095 $6,598 IIINJ 8 D 38% $20,465 $7,733 MA 8 D 35% $15,262 $5,335 • NJ 9 D 37% $18,668 $6,936 MA 9 D 38% $11,308 $4,293 III NJ 10 D 33% $18,960 $6,244 MD 1 R 41% $11,273 $4,644 I NJ 11 R 42% $20,124 $8,416 MD 2 D 44% $12,608 $5,509 NJ 12 D 43% $17,674 $7,592 MD 3 D 45% $14,621 $6,633 ] NM 1 D 28% $7,346 $2,041 MD 4 D 47% $9,316 $4,383 M NM 2 R 19% $6,433 $1,240 MD 5 D 48% $9,878 $4,780 ] NM 3 D 24% $6,991 $1,650 MD 6 D 43% $14,410 $6,228 M NV 1 D 25% $5,451 $1,336 MD 7 D 41% $13,075 $5,412 ] NV 2 R 24% $7,325 $1,755 MD 8 D 49% $15,291 $7,568 NV 3 D 25% $5,451 $1,336 ME 1 D 33% $11,682 $3,878 ] NV 4 D 24% $5,323 $1,272 ME 2 R 21% $9,486 $2,012 NY 1 R 46% $17,686 $8,167 MI 1 R 20% $8,222 $1,654 • NY 2 R 48% $20,111 $9,613 MI 2 R 26% $8,985 $2,303 III NY 3 D 43% $18,386 $7,881 MI 3 R 24% $8,958 $2,188 • NY 4 D 50% $23,361 $11,716 M I 4 R 21% $7,857 $1,647 IIINY 5 D 40% $18,995 $7,664 MI 5 D 21% $7,286 $1,526 • NY 6 D 30% $10,929 $3,239 MI 6 R 24% $8,815 $2,077 III NY 7 D 34% $34,479 $11,740 MI 7 R 26% $8,628 $2,276 ] NY 8 D 28% $12,860 $3,613 MI 8 R 35% $10,427 $3,611 NY 9 D 27% $14,585 $3,915 MI 9 D 33% $9,795 $3,189 ] NY 10 D 36% $41,978 $15,005 MI 10 R 26% $7,465 $1,945 1. NY 11 R 36% $13,769 $4,960 MI 11 R 30% $10,616 $3,191 • NY 12 D 34% $34,479 $11,740 MI 12 D 27% $9,874 $2,690 . NY 13 D 34% $44,411 $15,195 MI 13 D 24% $8,828 $2,107 • NY 14 D 25% $9,698 $2,459 MI 14M El D +I 30% ' $10,616 j $3,191 IINY 15 D 21% $7,954 $1,674 *Calculated as SALT deduction amount divided by number of SALT deductions. **Calculated as SALT deduction amount divided by number of tax filers. The Impact of Eliminating the State and Local Tax Deduction State District Party Wo of Tax Units Average Salt Average State District Party Wo of Tax Units Average Salt Average Affiliation Using SALT Deduction* Taxpayer Affiliation Using SALT Deduction* Taxpayer Deduction Deduction** Deduction Deduction** NY 16 D 34% $24,678 $8,276 TN 9 D 25% $6,163 $1,538 NY 17 D 45% $26,243 $11,902 TX 1 R 19% $5,315 $995 NY 18 D 43% $21,571 $9,300 TX 2 R 23% $8,440 $1,922 NY 19 R 31% $12,501 $3,885 TX 3 R 37% $8,742 $3,215 NY 20 D 33% $14,384 $4,818 TX 4 R 25% $7,202 $1,791 NV 21 R 23% $11,865 $2,775 TX 5 R 20% $7,153 $1,464 NY 22 R 23% $10,766 $2,437 TX 6 R 24% $6,859 $1,671 NY 23 R 22% $11,716 $2,588 TX 7 R 23% $8,440 $1,922 NY 24 R 29% $12,140 $3,569 TX 8 R 26% $8,617 $2,242 NY 25 D 33% $12,896 $4285 TX 9 D 28% $8,856 $2,516 NY 26 D 27% $12,083 $3,319 TX 10 R 23% $8,743 $1,983 NY 27 R 29% $12,125 $3,496 TX 11 R 17% $5,915 $1,027 OH 1 R 33% $11,684 $3,849 TX 12 R 26% $7236 $1,915 OH 2 R 26% $10,400 $2,737 TX 13 R 17% $5,614 $929 OH 3 D 30% $11,280 $3,412 TX 14 R 25% $6,856 $1,712 OH 4 R 21% $7,873 $1,665 TX 15 D 18% $5,173 $921 OH 5 R 23% $8,759 $2,031 TX 16 D 16% $5,999 $961 OH 6 R 15% $7,552 $1,169 TX 17 R 19% $8,089 $1,556 OH 7 R 24% $8,360 $1,995 TX 18 D 23% $8,440 $1,922 OH 8 R 26% $8,312 $2,138 TX 19 R 15% $5,544 $829 OH 9 D 27% $10,761 $2,957 TX 20 D 20% $7,202 $1,428 OH 10 R 27% $9283 $2,519 TX 21 R 24% $8,450 $1,988 OH 11 D 29% $11,788 $3,438 TX 22 R 29% $8,555 $2,443 OH 12 R 33% $11,572 $3,788 TX 23 R 16% $6,173 $1,011 OH 13 D 23% $8,905 $2,047 TX 24 R 26% $8,025 $2,118 OH 14 R 28% $10,561 $2,997 TX 25 R 22% $7,642 $1,677 OH 15 R 28% $9,896 $2,741 TX 26 R 26% $8,025 $2,118 OH 16 R 28% $10,444 $2,930 TX 27 R 17% $6,022 $1,028 OK 1 R 28% $9,309 $2,570 TX 28 D 17% $6,031 $1,022 OK 2 R 18% $5,394 $976 TX 29 D 23% $8,440 $1,922 OK 3 R 23% $6,802 $1,546 TX 30 D 21% $8,721 $1,810 OK 4 R 25% $7,836 $1,947 TX 31 R 29% $7,351 $2,138 OK 5 R 24% $8,842 $2,116 TX 32 R 27% $8,733 $2,388 OR 1 D 39% $12,669 $4,976 TX 33 D 23% $8,099 $1,844 OR 2 R 31% $10,001 $3,087 TX 34 D 13% $4,997 $665 OR 3 D 40% $13,953 $5,522 TX 35 D 23% $8,261 $1,890 OR 4 D 31% $9,852 $3,095 TX 36 R 21% $7,153 $1,518 OR 5 D 36% $12,052 $4,391 UT 1 R 36% $7,747 $2,750 PA 1 D 31% $11,132 $3,431 UT 2 R 35% $7,544 $2,651 PA 2 D 30% $11,425 $3,446 UT 3 R 35% $7,985 $2,790 PA 3 R 21% $8,929 $1,864 UT 4 R 36% $7,989 $2,837 PA 4 R 31% $8,957 $2,821 VA 1 R 41% $8,987 $3,665 PA 5 R 17% $8,611 $1,485 VA 2 R 32% $8,313 $2,668 PA 6 R 40% $13218 $5,252 VA 3 D 31% $8,352 $2,605 PA 7 R 38% $12,456 $4,784 VA 4 D 38% $7,839 $2,962 PA 8 R 44% $13,090 $5,707 VA 5 R 28% $9,500 $2,624 PA 9 R 19% $8,128 $1,527 VA 6 R 27% $7,303 $1,979 PA 10 R 23% $8,443 $1,904 VA 7 R 39% $9,161 $3,536 PA 11 R 24% $8,626 $2,035 VA 8 D 47% $15,359 $7,195 PA 12 R 24% $10,263 $2,423 VA 9 R 19% $7,541 $1,452 PA 13 D 30% $11,425 $3,446 VA 10 R 49% $13,562 $6,653 PA 14 D 27% $11,262 $3,016 VA 11 D 49% $14,186 $7,015 PA 15 R 31% $9,641 $2,953 VT At-Large D 27% $12,408 $3,383 PA 16 R 35% $11,394 $4,024 WA 1 D 33% $7,606 $2,534 PA 17 D 24% $9224 $2,253 WA 2 D 32% $6,301 $2,009 PA 18 R 26% $11,099 $2,924 WA 3 R 30% $6,901 $2,079 RI 1 D 31% $13,081 $4,119 WA 4 R 19% $5,318 $1,017 RI 2 D 34% $11,504 $3,888 WA 5 R 23% $5,702 $1,325 SC 1 R 31% $9,447 $2,908 WA 6 D 29% $6,238 $1,837 SC 2 R 29% $7,927 $2,317 WA 7 D 35% $7,867 $2,715 SC 3 R 25% $8,145 $2,076 WA 8 R 32% $7,840 $2,490 SC 4 R 29% $8,785 $2,536 WA 9 D 33% $8,074 $2,689 SC 5 R 27% $7,741 $2,086 WA 10 D 30% $6,048 $1,800 SC 6 D 27% $8,649 $2,370 WI 1 R 33% $11,421 $3,788 SC 7 R 21% $7,135 $1,533 WI 2 R 36% $12,305 $4,410 SD 0 R 17% $6,098 $1,032 WI 3 R 27% $10,440 $2,806 TN 1 R 14% $4,369 $618 WI 4 R 34% $12,701 $4,307 TN 2 R 20% $5,587 $1,137 WI 5 D 35% $11,478 $4,036 TN 3 R 18% $5212 $960 WI 6 D 30% $11,426 $3,467 TN 4 R 17% $4,086 $678 WI 7 D 27% $9,860 $2,709 TN 5 D 22% $6289 $1,356 WI 8 R 30% $10,580 $3,190 TN 6 R 19% $4,343 $814 WV 1 R 17% $9,635 $1,601 TN 7 R 22% $5,527 $1,237 WV 2 R 21% $8,398 $1,778 TN 8-1W R 20%�L $5,3 [ $1,092 WV 3 R 13% $8,565 $1,081 *Calculated as SALT deduction amount divided by number of SALT deductions. WY At-Large R 22% $6,307 $1,365 **Calculated as SALT deduction amount divided by number of tax filers. IThe hnpact of Eliminating the State and Local Tax Deduction 15 -a mi