How To Qualify For Ala.'s Historic Preservation Credit

Law360, New York (September 18, 2013, 6:13 PM EDT) -- On May 9, 2013, Gov. Robert Bentley signed Alabama House Bill 140 into law. The act provides qualifying taxpayers a historic preservation tax credit to be used against Alabama income taxes.

To qualify, commercial or residential property owners must propose and complete a rehabilitation, preservation or development project that meets the act’s numerous statutory requirements.

Applying for the Credits

To begin the qualification process, property owners must submit a complete application, including both Parts A and B, to the Alabama Historical Commission. In connection with its...
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