(a) Eligibility. The certified rehabilitation of a
certified historic structure may qualify for a rehabilitation credit
on federal income taxes as provided for in the Internal Revenue Code,
26 United States Code§§47, 48(g) and 170(h); applicable
Internal Revenue Service regulations including 26 Code of Federal
Regulations §1.48-12; and National Park Service regulations including
36 Code of Federal Regulations Part 67.
(b) Applications. Pursuant to 36 Code of Federal Regulations §67.1(c),
the Texas Historical Commission, as the State Historic Preservation
Office, participates in the review of request for certification. Two
copies of the Historic Preservation Certification Application must
be submitted to the Texas Historical Commission for review. Within
30 days of receipt of a complete, adequately documented application,
the commission forwards one copy of the application and the commission's
recommendations to the U.S. Department of the Interior for a final
certification decision. The Texas Historical Commission provides technical
consultation during planning and implementation of project work.
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