Current through Register No. 50, December 12, 2024
Section Res 2505.05 - Notification of CROP Zone Tax Credit Certification(a) The commissioner shall approve a request for tax credit certification if it is an acceptable project as provided by Res 2504.05 and it has complied with the requirements of Res 2505.03. Notification by the commissioner shall be made within 30 days after receipt of the request.(b) If the commissioner approves a project for tax credit certification pursuant to (a) above, the commissioner shall: (1) Forward the taxpayer one completely executed copy of the Form CPZ-2 specifying any conditions that have been put on the project; and(2) Forward the commissioner of revenue administration one completely executed copy of the Form CPZ-2.(c) If the commissioner does not approve a project for tax credit certification pursuant to (a) above, the commissioner shall notify the taxpayer in writing of the specific reasons for denial.N.H. Admin. Code § Res 2505.05