Income taxes: credits: rehabilitation of certified historic structures.
Income tax; credits for rehabilitation of historic structures; revise expiration and transferability
Income taxes, state income tax credit for qualified rehabilitation expenses of certified historic properties extended, annual credit amount increased
Income taxes, state income tax credit for qualified rehabilitation expenses of certified historic properties extended, annual credit amount increased
Adds certain properties located in a city of one million or more to the definition of a qualified historic home for the historic homeownership rehabilitation credit.
Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.
Establishes the large projects historic rehabilitation tax credit and the "white elephant" housing historic rehabilitation projects tax credit program for qualified rehabilitation expenditures totaling fifty million dollars or more with respect to a certified historic structure that has been vacant, as determined by local code enforcement or other reasonable means, for at least ten of fifteen consecutive years preceding the date of the taxpayer's application for the rehabilitation credit.
Extends the benefit window of the historic homeownership rehabilitation tax credit; requires additional reporting on the utilization of such credit.
Extends the benefit window of the historic homeownership rehabilitation tax credit; requires additional reporting on the utilization of such credit.
Creates an office to residential conversion tax credit which shall be administered by the empire state development corporation; creates a historic preservation rehabilitation office to residential conversion tax credit which shall be administered by the state historic preservation office.