Federal, state, and local tax incentives exist for owners of historic properties. The Federal Historic Preservation Tax Incentives program includes a 20% income tax credit for the rehabilitation of historic, income-producing buildings and a 10% income tax credit for rehabilitation of non-historic buildings. A state sales tax exemption on labor is available for work to buildings listed in the National Register of Historic Places. County and local taxing authorities may grant property tax exemptions for buildings with state or local historical designations.
Federal rehabilitation tax credit projects reviewed by Texas Historical Commission staff between 1979 and 2012
New Fees for 20% Rehabilitation Tax Credit
Effective December 31, 2012, the National Park Service has revised the fee schedule for processing the Historic Preservation Certification Application for the 20% rehabilitation tax credit program. New projects will be subject to the new fee schedule, while projects where a Part 2 application was previously submitted will remain under the old fee schedule. Please visit the National Park Service website for detailed information on the fees.
New Forms for 20% Rehabilitation Tax Credit
New fillable PDF forms for the Historic Preservation Certification Application are now available on the National Park Service website. If applying for the 20% rehabilitation tax credit, please use these forms in lieu of any older forms. Remember to submit two copies of your application to the THC. One copy will be reviewed and retained by our office, and the second copy will be forwarded to the National Park Service for review.