94-089-813 Me. Code R. § 1
Title 27, section 511 instructs the Director of the Maine Historic Preservation Commission (Director); in consultation with the Department of Administrative and Financial Services, Bureau of Revenue Services, to administer a program in support of state rehabilitation tax credits for income-producing historic structures. The Director is further instructed to certify information necessary for applicants to demonstrate eligibility for the income tax credit provided under Title 36, section 5219-B B. The Director may also develop instructions and guidelines, and application and certification forms as necessary in support of the program, and must issue reports evaluating the program.
These rules provide guidelines for the application process and the administration of a program for state rehabilitation tax credits. The credits are comprised of the Substantial Rehabilitation Credit, the Small Project Rehabilitation Credit, and the Affordable Housing Rehabilitation Credit Increase, as defined below.
94-089 C.M.R. ch. 813, § 1