A BILL TO BE ENTITLED
AN ACT to change the requirements related to the tax credit for rehabilitating nonincome‑producing historic structures.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑129.36(b)(1) reads as rewritten:
"(1)	Certified rehabilitation. – Repairs or alterations consistent with the Secretary of the Interior's Standards for Rehabilitation and certified as such by the State Historic Preservation Officer."
SECTION 2.  This act is effective for taxable years beginning on or after January 1, 2004.