Louisiana Administrative Code
Title 25 - CULTURAL RESOURCES
Part I - Office of Cultural Development
Chapter 13 - State Commercial Tax Credit for Historic Buildings
Section I-1303 - Fees

Universal Citation: LA Admin Code I-1303

Current through Register Vol. 50, No. 9, September 20, 2024

A. The Division of Historic Preservation shall charge an application fee for each rehabilitation project that is submitted. Application fees for a single rehabilitation project are as indicated.

Qualified Rehabilitation Expenditures (QREs)

Part 2 Fee, based on estimated QREs

Part 3 Fee, based on actual QREs

Up to $100,000

$250

None

$100,001 - $500,000

$250

1.5% of credit amount, minus Part 2 fee

$500,001 - $1 million

$500

1.5% of credit amount, minus Part 2 fee

$1,000,001 - $3 million

$1000

1.5% of credit amount, minus Part 2 fee

$3,000,001 - $6 million

$2000

1.5% of credit amount, minus Part 2 fee ($15,000 cap)

$6,000,001 - $15 million

$3500

1.5% of credit amount, minus Part 2 fee ($15,000 cap)

$15,000,001 +

$5,000

1.5% of credit amount, minus Part 2 fee ($15,000 cap)

B. A decision will not be issued on an application until the appropriate remittance is received, in a method determined by the division.

C. Fees are nonrefundable.

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:6019.

Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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