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Tax & Fiscal PolicyTestimony

Public Money, Private Money

By Patrick Ishmael Filed December 22, 2012 Source Show-Me Institute
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Meet Norwood Hills Country Club. In 2006, the state issued more than $1.1 million in state Historic Preservation Tax Credits (HPTC) to the facility.

A successful private club in north Saint Louis, it hosted the PGA Championship in 1948. In 2005, the club sought and received designation as an historic landmark, and as an historic landmark, it was eligible for HPTCs from the state.

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