Register now for CityVision2019, set for May 14-16 in Hickory. CityVision is the League's premier annual event, this year with two full days of engaging speakers, educational sessions with tools you can use, and networking opportunities that connect you to both new and established partners from across the state!
Program highlights Include:
• Energetic keynote speakers focused on future readiness, regional partnerships, grants, broadband and technology, the opioid challenge, and conference takeaways• Roundtable-style breakout sessions• Mobile workshop• Exhibit hall and networking
Don't miss this conference, which will be attended by municipal officials from all across North Carolina. Register today!
Taking its first step toward passage into law, HB 399 Historic Preservation Act of 2019, which would enhance and extend the state’s historic tax credit, cleared the House Commerce Committee on Wednesday and will now be considered by the House Finance Committee. The House committee’s action came as the Senate filed a bill that includes a provision that extends the tax credit for four years, potentially signaling that Senate leadership may not push back against the idea of the extension, even as differences may arise over the term of the extension and any changes to the tax credit. That provision can be found in Sec. 5.2 of SB 622 Tax Reduction Act of 2019.
In Wednesday’s committee hearing, Rep. Steve Ross of Burlington, a primary sponsor of HB 399, made the point that the historic preservation tax credit is most needed in the towns that have suffered jobs losses due to mill closings, and that it is helping to revitalize local economies. “There is really not a better economic development tool than we have right here,” Ross said. The tax credit is currently scheduled to expire on Jan. 1, 2020, and League members voted to make its extension a legislative priority back in November. Read about the League’s response to the legislation when it was filed.