State Tax Credits

Stinson’s Tax Credit & Impact Finance (TCIF) attorneys are among the most experienced in the nation in structuring and closing state tax credit transactions, including state new markets tax credits, historic rehabilitation credits, brownfield credits, rural jobs credits, abandoned building credits, textile mill credits, and industrial recovery credits. We help our clients navigate issues at the forefront of the state tax credit industry, having advised on transactions in virtually every state that has adopted a new markets tax credit or historic rehabilitation tax credit program. We also closely monitor new programs and developments in state legislation to better advise our clients on emerging opportunities and ongoing compliance issues, and we’re regularly engaged to assist in transactions involving new state tax credit programs.

We also assist clients in efforts to draft legislation for new tax credit programs, prepare private letter ruling requests in connection with closings and work with state legislatures to refine existing legislation. An active and well-respected group in the state tax credit industry, our TCIF attorneys frequently work with state agencies and regulators nationwide to interpret and implement each state’s tax credit programs. We pride ourselves on developing creative solutions for syndicating state tax credits and in leveraging the benefits of these credits in combination with other state and federal tax credits to create best-in-class solutions.