\nThe following definitions apply in this Article:\n(1) Certified historic structure. – Defined in section 47 of the Code.\n(2) Certified rehabilitation. – Defined in G.S. 105-129.36.\n(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.\n(3a) Development tier area. – Defined in G.S. 143B-437.08.\n(4) Eligibility certification. – The certification obtained from the State Historic Preservation Officer that the applicable facility comprises an eligible site.\n(5) Eligible site. – A site located in this State that satisfies all of the following conditions:\na. 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.\nb. It is a certified historic structure or a State-certified historic structure.\nc. It has been at least eighty percent (80%) vacant for a period of at least two years immediately preceding tility.\nb. It is a certified historic structure or a State-certified historic structure.\nc. 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.\nd. Repealed by Session Laws 2008-107, s. 28.4(a), effective for taxable years beginning on or after January 1, 2008.\n(6) Repealed by Session Laws 2006-252, s. 2.22, effective January 1, 2007.\n(7) Pass-through entity. – Defined in G.S. 105-228.90.\n(8) Qualified rehabilitation expenditures. – Defined in section 47 of the Code.\n(9) Rehabilitation expenses. – Defined in G.S. 105-129.36.\n(10) State-certified historic structure. – Defined in G.S. 105-129.36.\n(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); 2021-180, s. 42.7(a).)
North Carolina Legal Code