Historic Tax Incentives in Texas: Combining the New State Credit with the Federal Investment Tax Credit

Nov 8 2014 - 8:00am to 9:00am

George R. Brown Convention Center
1001 Avenida De Las Americas
Houston  Texas  77010

As part of the Texas Society of Architects 75th Annual Convention and Design Expo, the Texas Historical Commission will present Historic Tax Incentives in Texas: Combining the New State Credit with the Federal Investment Tax Credit. House Bill 500 was signed into law during the recent legislative session, authorizing a 25% tax credit for qualified rehabilitation expenses. This new state credit can be combined with the existing 20% federal investment tax credit for a total of 45% for historic rehabilitation projects in Texas. This session will discuss the two tax credit programs, how to qualify a project, and the process for approval.

The convention will be held November 6-8, 2014. Information is available at https://texasarchitects.org/v/about-the-annual-convention/.