Sunset Made Sense for Historic Preservation Credits
There is no justification for compelling state taxpayers to subsidize the preservation of historic properties in particular cities or towns.
RALEIGH — North Carolina lawmakers made the right decision when they ended state historic preservation tax credits. Those who support government involvement in preservation efforts should look at local grant programs instead. A new John Locke Foundation Spotlight report features those two findings.
RALEIGH — Gov. Pat McCrory is championing more incentives money for the tapped-out Job Development Investment Grant program to lure corporate interests to the state, and for lawmakers to enact legislation achieving that goal in the early weeks of the new session. Without more money to wave at potential corporate prospects, North Carolina will not be competitive with other states, McCrory has said.