Sponsors (40)
The bill guarantees predictable federal funding and eligibility for historic preservation through 2035, helping state/local governments, nonprofits, and communities plan projects, but it locks in a $50M annual set‑aside that reduces budget flexibility and will lose purchasing power over time due to inflation.
State and local governments and nonprofit preservation organizations retain predictable access to $50 million per year from the Historic Preservation Fund through 2035, preserving existing funding and eligibility.
Communities, including rural areas, can plan and carry out multi-year historic preservation projects with funding certainty through 2035.
Because the $50 million annual amount is fixed through 2035, inflation will erode its real value over time, reducing purchasing power for preservation projects and imposing effectively smaller grants on state/local governments and nonprofits.
All taxpayers implicitly fund the continued $50 million annual set‑aside through 2035, which limits federal budget capacity for other priorities.
Based on analysis of 2 sections of legislative text.
Extends the authorization date for the Historic Preservation Fund at $50,000,000 from 2023 to 2035 without changing the dollar amount.
Introduced May 14, 2025 by Michael R. Turner · Last progress May 14, 2025
Extends the statutory authorization date for the Historic Preservation Fund from 2023 to 2035 while keeping the $50,000,000 amount unchanged. Also sets the act's short title. This bill does not change the dollar amount, create new programs, or appropriate funds; it only updates the statutory expiration date for the existing authorization.