State Tax Credits

KCD Legal Partners is a national leader in structuring and closing state tax credit transactions, offering unparalleled expertise across a broad spectrum of state-level programs. From navigating compliance to drafting legislation, our team provides innovative and strategic legal solutions to maximize the benefits of state tax credits.

Comprehensive State Tax Credit Expertise

KCD Legal Partners has extensive experience in structuring and executing transactions for various state tax credit programs, including:

  • State New Markets Tax Credits (NMTCs)

  • Historic Rehabilitation Tax Credits (HTCs)

  • State Renewable Energy Tax Credits (RETCs)

  • Brownfield Credits

  • Rural Jobs Credits

  • Abandoned Building Tax Credits

  • Textile Mill Credits

  • Other Specialized State Incentive Programs

Our team ensures seamless integration of state credits into diverse projects, optimizing their financial and social impact.

Legislative and Regulatory Support

Our expertise extends beyond transactional work, encompassing deep engagement with state legislatures and regulatory agencies. Services include:

  • Drafting Legislation: Collaborating with state legislatures to create and refine tax credit programs.

  • Private Letter Ruling Requests: Assisting clients in securing specific tax treatments for unique circumstances.

  • Regulatory Guidance: Interpreting program requirements and helping clients navigate state agency processes to ensure compliance.

Creative Structuring and Syndication

KCD Legal Partners excels in developing innovative solutions for syndicating state tax credits and combining them with with out incentives, such as federal NMTCs.   KCD is a national leader in providing support for tax credit syndicators and designing structures to meet the needs of a diverse range of tax credit end-users. This holistic approach ensures clients achieve optimal results by leveraging every available opportunity.

Active Engagement Nationwide

With experience advising on transactions in nearly every state with tax credit programs, KCD Legal Partners maintains strong relationships with state agencies and regulators. Our proactive engagement allows us to:

  • Monitor legislative developments to provide clients with timely, informed advice.

  • Influence the interpretation and implementation of tax credit programs to align with client needs.

  • Stay ahead of emerging opportunities to deliver innovative solutions.

A Track Record of Success

From complex multi-credit structures to legislative advocacy, KCD Legal Partners offers a proven track record of delivering value to clients across the country. Our in-depth knowledge and strategic insights make us a trusted partner for businesses, investors, and developers navigating the evolving landscape of state tax credits.