Code Section 1400N(h)

Code Section	Effective Date	Name of Act	Name of Provision
1400N(h)	12/31/2009	The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010	Increase in rehabilitation credit in the Gulf Opportunity Zone

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Increase in rehabilitation credit in the Gulf Opportunity Zone

Explanation of Provision

The provision extends for two additional years the increase in the rehabilitation credit from 20 to 26 percent, and from 10 to 13 percent, respectively, with respect to any certified historic structure or qualified rehabilitated building located in the Gulf Opportunity Zone. Thus, the increase applies for qualified rehabilitation expenditures with respect to such buildings or structures incurred before
January 1, 2012.

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