This section defines terms used in the article, including eligible site, cost certification, and several historic preservation terms.
The following definitions apply in this Article: (1)Certified historic structure. — Defined in section 47 of the Code. (2)Certified rehabilitation. — Defined in G.S. 105-129.36. (3)Cost certification. — The certification obtained by the State Historic Preservation Officer from the taxpayer of the amount of the qualified rehabilitation expenditures or the rehabilitation expenses incurred with respect to a certified rehabilitation of an eligible site. (3a)Development tier area. — Defined in G.S. 143B-437.08. (4)Eligibility certification. — The certification obtained from the State Historic Preservation Officer that the applicable facility comprises an eligible site. (5)Eligible site. — A site located in this State that satisfies all of the following conditions: a.It was used as a manufacturing facility or for purposes ancillary to manufacturing, as a warehouse for selling agricultural products, or as a public or private utility. b.It is a certified historic structure or a State-certified historic structure. c.It has been at least eighty percent (80%) vacant for a period of at least two years immediately preceding the date the eligibility certification is made. d.Repealed by Session Laws 2008-107, s. 28.4(a), effective for taxable years beginning on or after January 1, 2008. (6)Repealed by Session Laws 2006-252, s. 2.22, effective January 1, 2007. (7)Pass-through entity. — Defined in G.S. 105-228.90. (8)Qualified rehabilitation expenditures. — Defined in section 47 of the Code. (9)Rehabilitation expenses. — Defined in G.S. 105-129.36. (10)State-certified historic structure. — Defined in G.S. 105-129.36. (11)State Historic Preservation Officer. — Defined in G.S. 105-129.36. History: History.2006-40, s. 1; 2006-252, s. 2.22; 2008-107, s. 28.4(a); 2021-180, s. 42.7(a).