Wisconsin Administrative Code › Historical Society › Chapter HS 3 - State historic rehabilitation tax credits › Section HS 3.03 - Definitions

Current through June 24, 2024
In this chapter:
(1)
			 "Completion date" means the date indicated in the approved part 2 application
			 by which all eligible activity is to be completed.
(2) "Eligible activity" means those portions
			 of a project for which the owner may claim the costs under the 25%
			 rehabilitation tax credit program under s.
			 71.07(9r) (a) and (b)
			 1m., Stats.
(3) "Eligible property" means real property
			 located in the state of Wisconsin that has been determined to be historic
			 property that is used as an owner-occupied personal residence and is not
			 actively used in a trade or business, held for the production of income, or
			 held for sale or other disposition in the ordinary course of the owner's trade
			 or business.
(4) "Five year phasing
			 application" means state form HPD:WTC004, "Request for Five-Year Project
			 Phasing.," available from the division of historic preservation, state
			 historical society, 816 State Street, Madison, Wisconsin 53706.
(5) "Listing date" means the date on which
			 the property or the district in which it is physically located is listed in the
			 national register or state register.
(6) "National register" means the list of
			 properties and districts of historic, archeological, architectural, and
			 engineering significance in the national register of historic places maintained
			 by the national park service, U. S. department of the interior under provisions
			 of 16 USC
			 470.
(7) "Officer" means the state historic
			 preservation officer appointed under s.
			 44.32, Stats.
(8) "Outbuilding" means any building within
			 the legal boundaries of a property that contains eligible property under sub.
			 (3).
(9) "Owner" means the natural
			 person whose name is listed in the county register of deeds as holding record
			 title to the property or who holds equitable title as a land contract
			 vendee.
(10) "Part 1 application"
			 means state form HPD:WTC001, "Historic Preservation Certification Application,
			 Part 1-Evaluation of Significance," available from the division of historic
			 preservation, state historical society, 816 State Street, Madison, Wisconsin
			 53706.
(11) "Part 2 application"
			 means state form HPD:WTC002, "Historic Preservation Certification Application,
			 Part 2-Description of Rehabilitation," available from the division of historic
			 preservation, state historical society, 816 State Street, Madison, Wisconsin
			 53706.
(12) "Part 3 application"
			 means state form HPD:WTC003, "Request for Certification of Completed Work,"
			 available from the division of historic preservation, state historical society,
			 816 State Street, Madison, Wisconsin 53706.
(13) "Physical work" means construction or
			 destruction in preparation for construction.
(14) "Project period" means the period from
			 the start of physical work until the completion of all eligible
			 activity.
(15) "Rehabilitation
			 work" means an activity that has received, or is the subject of an application
			 to receive, a general certification by the society under s.
			 HS 3.04, including
			 both eligible activity and other physical work that may be undertaken during or
			 within 12 months before the project period.
(16) "Society" means the state historical
			 society.
(17) "State register"
			 means the list of properties and districts of historic, archeological,
			 architectural, and engineering significance in the Wisconsin state register of
			 historic places maintained by the state historical society under s.
			 44.36, Stats., including interim
			 listings under s. 44.36(5) (a) 3,
			 Stats.