§105-129.70. (See note for repeal) Definitions

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d.         Repealed by Session Laws 2008-107, s. 28.4(a), effective for taxable years beginning on or after January 1, 2008.

(6)        Repealed by Session Laws 2006-252, s. 2.22, effective January 1, 2007.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.

(2006-40, s. 1; 2006-252, s. 2.22; 2008-107, s. 28.4(a).)