| OCR Text |
Show RESULTS OF LISTING IN THE NATIONAL REGISTER Eligibility for Federal tax provisions: If a property is listed in the National Register, federal law potentially allows for a 20 percent investment tax credit with a full adjustment to basis for the “substantial rehabilitation” of historic commercial, industrial, and rental residential buildings. Whether these provisions are advantageous to a property owner is dependent upon the particular circumstances of the property and the owner. For further information on certification requirements, please refer to 36 CFR 67. More information on federal tax credits is available at this link: https://history.utah.gov/shpo/financialincentives/ Eligibility for State tax provisions: The Utah State Legislature created a state income tax credit for the rehabilitation of historic (i.e., National Register listed) residential buildings, either owner-occupied or rental. The credit is 20% of the cost of rehabilitation work totaling more than $10,000. All of the proposed rehabilitation work must meet the Secretary of the Interior’s “Standards for Rehabilitation” and must be pre-approved by the State Historic Preservation Office. More information on the state tax credits is available at this link: https://history.utah.gov/shpo/financial-incentives/ Consideration in planning for Federal, federally licensed and federally assisted projects: Section 106 of the National Historic Preservation Act of 1966 requires that Federal agencies to take account their actions on those resources eligible or listed on the National Register of Historic Places. For further information, please refer to 36 CFR 800. More information on compliance projects is available at this link: https://history.utah.gov/shpo/shpo-compliance/ Qualification for Federal or State grants for historic preservation when available: Presently, limited funding may be available through the Certified Local Government program. Direct grants to property owners are also occasionally available. For information about possible grants, contact the State Historic Preservation Office. Where do I go for National Register forms, bulletins, answers, etc.? Contact: Cory Jensen National Register Coordinator Utah State Historic Preservation Office 3760 S. Highland Drive Salt Lake City, Utah 84106 Phone 801/245-7225 Our website: https://history.utah.gov/shpo/national-register/ National Register website: https://www.nps.gov/subjects/nationalregister/index.htmwww.cr.nps.gov/nr/index.htm |
