141.382 Refundable or transferable tax credit for qualified rehabilitation expenses for certified historic structure meeting the requirements of KRS 171.396 and 171.397.
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<![CDATA[ Page 1 of 1 141.382 Refundable or transferable tax credit for qualified rehabilitation expenses for certified historic structure meeting the requirements of KRS 171.396 and <br>171.397. (1) As used in this section: (a) "Certified historic structure" means the same as defined in KRS 171.396; <br>(b) "Qualified rehabilitation expense" means the same as defined in KRS 171.396; and (c) "Substantial rehabilitation" means the same as defined in KRS 171.396. (2) A refundable or transferable credit in the amount determined in KRS 171.397 shall be allowed against the taxes imposed by KRS 136.505 or 141.020 or 141.040 and <br>141.0401, with the ordering of credits provided in KRS 141.0205, for qualified <br>rehabilitation expenses incurred by the taxpayer and used for substantial <br>rehabilitation to a certified historic structure. Effective: June 26, 2009 <br>History: Created 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 32, effective June 26, 2009. ]]>