Abstract
In 1976, the federal government adopted tax incentives to engage the private sector in the preservation and rehabilitation of historic buildings. This article examines the development and evolution of federal tax policy related to historic preservation, focusing on four major pieces of legislation: the Tax Reform Act of 1976, the Revenue Act of 1978, the Economic Recovery Tax Act of 1981, and the Tax Reform Act of 1986. From the outset, the motivations behind federal tax incentives for preservation were as much about urban revitalization, as they were about preserving historic resources. Furthermore, the history of federal preservation tax incentives, which often benefited from bipartisan support, sheds light on current debates about amending, enhancing, or eliminating the current historic rehabilitation tax credit.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
