Section 105-129.74 - Coordination with Historic Rehabilitation Tax CreditA taxpayer that claims a credit under this Article may not also claim a credit under Article 3D or 3L of this Chapter with respect to the same activity. The rules and fee schedule adopted under G.S. 105-129.36A or G.S. 105-129.107 apply to this Article.
N.C. Gen. Stat. § 105-129.74
Amended by 2019 N.C. Sess. Laws 237,s. 3-c, eff. 11/1/2019.Added by 2006 N.C. Sess. Laws 40,s. 1, eff. 6/29/2006. See 2010 N.C. Sess. Laws 31, s. 31.5.(a).2021 N.C. Sess. Laws 180,s. 42.7-a, eff. 11/18/2021 provides: "Effective for taxable years beginning on or after January 1, 2021, Article 3H of Chapter 105 of the General Statutes is reenacted as it existed immediately before its repeal for rehabilitation projects for which an application for an eligibility certification was submitted on or after January 1, 2015, and reads as rewritten: [see § 105-129.71, 105-129.75]"2021 N.C. Sess. Laws 180,s. 42.7-b, eff. 11/18/2021 provides: "The reenactment and extension of Article 3H of Chapter 105 of the General Statutes under this section does not require a taxpayer who obtained an eligibility certification prior to January 1, 2015, for a rehabilitation project under this Article to reapply for an eligibility certification for the same project."