Source: Anna Johnson, NEWS & OBSERVER, 3/20/19


A new bill would expand a state tax credit that has helped “bring back life” into historic buildings and communities across North Carolina, the mayor of one of those communities said Wednesday. The bill, filed Wednesday, would extend the end date for the state’s historic tax credits from next year to 2030. It would also increase the amount that developers can apply toward the credit and add a new tax credit for people rehabilitating a historic building after a natural disaster.

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