Title: H795 [Filed]
Category: Bill Draft

General Assembly of North Carolina	Session 2013

GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2013
H	D
HOUSE DRH90054-MC-151  (03/16)

Short Title:	Credit for Access Construction/Renovation. | (Public)
Sponsors: | Representatives Saine and Ramsey (Primary Sponsors).
Referred to: |

A BILL TO BE ENTITLED
AN ACT to provide a tax credit for constructing or improving a residence to have increased access for the impaired.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 105‑151.1 reads as rewritten:
"§ 105‑151.1.  Credit for accessible dwelling units.
An owner of a residence located in this State is allowed a credit against the tax imposed by this Part equal to the lesser of five thousand dollars ($5,000) or the cost incurred by the owner for construction or renovation costs to the residence that improve conformity of the residence with Chapter 11 of the North Carolina Building Code. If the credit allowed by this section exceeds the tax imposed by this Part reduced by all other credits allowed, the excess may be carried forward for the next succeeding year."
SECTION 2.  This act is effective for taxable years beginning on or after January 1, 2013.

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*DRH90054-MC-151*