Capito Cosponsors Bill to Expand Access to Historic Tax Credit

WASHINGTON, D.C. – This week, U.S. Senator Shelley Moore Capito (R-W.Va.) cosponsored the Historic Tax Credit Growth and Opportunity Act of 2025, legislation that builds on tax provisions in the Working Families Tax Cuts Act to foster economic growth and local investment by expanding the Historic Tax Credit (HTC) and increasing project eligibility.

“West Virginia has such wonderful history and architecture, and we’ve seen successful investments across our state through the revitalization of historic properties for new businesses or apartments. The HTC brings to life some of our most recognizable structures and we should make it easier for these investments to take place – not harder,” Senator Capito said. “By simplifying the transaction structure of this credit and increasing project eligibility, we will continue to encourage innovative ways to increase community engagement, economic development, and tourism using our historic buildings.”