DE SB209

Extends the Historic Preservation Tax Credit Act with approvals granted in fiscal years ending before June 30, 2020.

Finds that historic preservation tax credits serve as economic drivers producing significant job creation and growth while preserving historic buildings throughout Delaware.

Notes that since the program's inception in 2001, the State has awarded $34 million in tax credits leveraging over $166 million in private-sector rehabilitation expenditures.

Reports that 75 historic buildings throughout the State have been rehabilitated and preserved under the program, generating an estimated 2,400 jobs primarily in construction trades and related industries.