Photo: California Capitol Building

The State Historic Rehabilitation Tax Credit (SHRTC) allows a taxpayer that receives a tax credit allocation a credit against those taxes for each taxable year beginning January 1, 2022 and ending December 31, 2025, in an amount, determined in modified conformity with a specified section of the Internal Revenue Code, for rehabilitation of certified historic structures and, under the Personal Income Tax Law, for a qualified residence.

The SHRTC provides for a 20% credit of qualified rehabilitation expenditures (or 25% credit if the structure meets specified criteria) for rehabilitation of a certified historic structure or a qualified residence, as provided, within the state to be allocated on a first-come-first-served basis by the California Tax Credit Allocation Committee, in conjunction with the Office of Historic Preservation. The legislation authorizes both of these agencies to charge a reasonable fee not to exceed a specified amount for costs incurred in carrying out certain responsibilities related to the tax credit.

The aggregate amount of credit would be $50,000,000 per calendar year, plus unused allocation tax credit for the preceding year, $10,000,000 of which would be set aside for rehabilitation projects for qualified residences and for rehabilitation projects with qualified rehabilitation expenditures of less than $1,000,000, as specified.

The Legislative Analyst is annually required to collaborate with the California Tax Credit Allocation Committee and the Office of Historic Preservation to review the effectiveness of the tax credit to determine if the program may continue beyond the December 31, 2025 sunset date.


The submitted rulemaking package was returned to OHP as disapproved due to technical omissions. These omissions have been corrected and submitted for public comment with a third 15-day public review period as described below. The comments will be answered and resubmitted to the OAL for their review. The resubmitted rulemaking package will be made available to the public for their information at that time.

The program is still expected to open in the fall of 2024.

The CTCAC has posted their regulations for a 45-day public review and comment period, ending July 22nd. Their proposed rulemaking package is available for review and comment on their program regulations web page.

To stay apprised of updates as well as more specific information about the program as it becomes available, check this webpage and/or sign up for the OHP email list.



Public Review and Comment Documents

State Historic Rehabilitation Tax Credit Comment period July 10th - 25th

Changes to the rulemaking package were made following the last public comment period which must be reviewed for any comments by the public regarding the revisions.

Text in the Proposed Text that is single-underlined underline or single crossed out Cross out are the subject of review only.

Comments must be received by midnight of July 25th to receive responses as per the Notice of Modified Text.

Written comments may be submitted by mail to:

1725 23RD STREET, SUITE 100

Comments may also be submitted by facsimile (FAX) to (916) 445-7053 or by email to with subject line "4859 PUBLIC COMMENT."


Notice of Modified Text

Revised Proposed Regulation Text

Final Statement of Reasons (previous public comments and responses)

Addendum to Initial Statement of Reasons (with current text revisions listed)

Additional Documents relied upon



National Trust for Historic Preservation: