During the 83rd Legislative Session, the Texas Legislature passed House Bill 500, which established a state tax credit for the certified rehabilitation of certified historic structures, which went into effect on January 1, 2015. The Texas Historic Preservation Tax Credit program is administered by the Texas Historical Commission (THC) in partnership with the Texas Office of the Comptroller.
The state program requires properties to be listed in or determined eligible for listing in the National Register of Historic Places, or as a Recorded Texas Historic Landmark (RTHL) or State Antiquities Landmark (SAL). This incentive also requires that work to a historic property meet the Secretary of the Interior’s Standards for Rehabilitation to qualify for the credit.
In the absence of a state income tax, the credit is applied against state Business Franchise Tax or Insurance Premium Tax liability. The tax credit certificate is freely transferable, so most applicants benefit financially by selling the credit certificate for its market value.
Administrative rules for implementation of the program are found in the Texas Administrative Code, Title 13, Part II, Chapter 13.
Where to Apply
Applications for the state tax credit program must be submitted directly to our agency in electronic format. Go to Submit a Tax Credit Application Online to download state applications, read instructions, and access the official electronic submission portal.