Rep. McKinley Urges Chairman Brady To Preserve the Historic Tax Credit


THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM WEST VIRGINIA IS RECOGNIZED MR

MCKINLEY: TO DISCUSS THE HISTORIC PRESERVATION TAX CREDITS THAT HAVE HISTORICALLY STIMULATED NEARLY $150 BILLION IN PRIVATE SECTOR INVESTMENT AS WE'VE DISCUSSED OVER THE LAST MONTH, THE TAX CREDIT IS CRITICALLY IMPORTANT FOR ECONOMIC DEVELOPMENT AND REVITALIZATION, ESPECIALLY IN SMALL RURAL AREAS OF THIS COUNTRY WITHOUT THE CREDIT, PROJECTS THAT TRANSPORT COMMUNITIES IN ALL 50 STATES FROM WEST VIRGINIA TO TEXAS TO WISCONSIN SIMPLY WILL NOT HAPPEN MR CHAIRMAN, YOUR WORD MEANS SOMETHING TO ME

SO I'M ASKING FOR YOUR COMMITMENT TO CONTINUE WORKING WITH ME TO ENSURE THAT THE FEDERAL HISTORIC TAX CREDIT IS PRESERVED IN THE FINAL TAX REFORM PACKAGE? AND I YIELD BACK TO THE CHAIRMAN MR BRADY: THANK YOU, MR MCKINLEY YOU'RE PASSIONATE MAKING SURE OUR SMALLER COMMUNITIES CAN BE REVITALIZED AND GROW AND ABOUT THE ROLE THE HISTORIC PRESERVATION TAX CREDIT

IN DOING THAT I COMMIT TO WORKING WITH YOU AND CONTINUING TO WORK WITH YOU ON THIS ISSUE BECAUSE I KNOW THE IMPORTANCE OF IT I YIELD BACK MR MCKINLEY: THANK YOU, MR CHAIRMAN

I LOOK FORWARD TO WORKING WITH YOU AS WELL WE HAD A GOOD WORKING RELATIONSHIP OVER THE YEARS MR BRADY: YES, SIR MR

MCKINLEY: AND I WANT TO CONTINUE THIS PROCESS, AS I UNDERSTAND THIS PROCESS, AND I WILL BE VOTING TO CONTINUE THE PROCESS IN ANTICIPATION THAT IT WILL BE IN THE FINAL BILL

Source: Youtube


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