As lawmakers consider ways to shore up the state’s next budget, a Milwaukee developer says he has good reason for them to keep Wisconsin’s historic-preservation tax credit.

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As state officials try to cope with the popularity of Wisconsin’s recently quadrupled historic-preservation tax credit, the related costs are showing no sign of decreasing.

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Applications for Wisconsin’s historic-preservation tax credit have slowed to a trickle since state officials lifted a moratorium on the incentive.

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Wisconsin officials have resumed awarding tax credits to developers who preserve historic buildings, but the moratorium on the incentives could return in the next 12 months.

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Absent from a list of projects that made the cut for the state’s increased historic preservation tax credit is the hotel where Gov. Scott Walker signed a bill authorizing the boost to the development incentive.

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Affordable housing advocates are closely watching federal tax reform proposals for any threats to a tax credit they say is vital for building low-income housing.

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Small businesses could trade state-issued tax credits for rent discounts or other types of assistance under legislation Gov. Scott Walker signed Wednesday.

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Gov. Scott Walker's half-billion dollar tax cut plan passed a state Assembly committee Thursday, despite objections from Democrats, and even some Republicans, that the proposal was moving too quickly and in need of changes.

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The Wisconsin state Assembly is moving forward with Gov. Scott Walker's half billion dollar tax cut proposal, but questions about the plan among some Republicans are holding it up in the Senate.

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There is no legal limit on the use of Wisconsin’s recently quadrupled historic-preservation tax credit, but a top economic development official can protect state coffers by single-handedly rejecting projects.

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