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.
Amends GS 105-151.1 changing the title to "Credit for accessible dwelling units" and allowing an owner of a residence located in North Carolina a tax credit against the tax imposed by this Part equal to the lesser of $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. Provisions relating to Volume I C of the North Carolina Building Code are deleted. Previous conditions requiring for the credit to be claimed under this section are also deleted.
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