February 22, 2018
A previous budget item would have set the limit at $500,000 as of July 1.
Advocates say the lower tax credits jeopardized numerous projects across the state. The increase will have a direct effect on the restoration of Old Main, the Edward Townsend Mix designed building that is the face of the Old Soldier's Home in Wood, Wisconsin.
The increase is considered to be a stimulant for restoration and development all across the state.
Link: State Legislature approves increase to historic tax credit cap from the Milwaukee BizTimes.