ROBERT L. EHRLICH, JR., Governor                              Ch. 76

REHABILITATION EXPENDITURES STATED IN THE APPLICATION FOR APPROVAL OF
THE PLAN OF PROPOSED REHABILITATION; AND

2. THE         ACTUAL         QUALIFIED         REHABILITATION

EXPENDITURES AND THE FINAL AMOUNT OF THE CREDIT FOR WHICH THE PROJECT
QUALIFIED.

(3) THE REPORT REQUIRED UNDER PARAGRAPH (1) OF THIS
SUBSECTION SHALL INCLUDE SUMMARIZE FOR EACH CATEGORY OF CERTIFIED
REHABILITATIONS:

(I)      THE TOTAL NUMBER OF APPLICANTS FOR:

1.       CERTIFICATION THAT A STRUCTURE OR PROPERTY WILL
QUALIFY AS A CERTIFIED HERITAGE STRUCTURE;

2.       APPROVAL OF PLANS OF PROPOSED REHABILITATIONS;
OR

3.       CERTIFICATION OF THE COMPLETED REHABILITATIONS;

(II)     THE NUMBER OF PROPOSED PROJECTS FOR WHICH PLANS OF
PROPOSED REHABILITATION GRANTS WERE APPROVED; AND

(III)   THE TOTAL ESTIMATED REHABILITATION EXPENDITURES
STATED IN APPROVED APPLICATIONS FOR APPROVAL OF PLANS OF PROPOSED
REHABILITATION AND THE TOTAL QUALIFIED REHABILITATION EXPENDITURES FOR
COMPLETED REHABILITATIONS CERTIFIED.

(4) (5) THE INFORMATION REQUIRED UNDER PARAGRAPH (3) (4) OF
THIS SUBSECTION SHALL BE PROVIDED IN THE AGGREGATE AND SEPARATELY FOR
EACH OF THE FOLLOWING CATEGORIES OF CERTIFIED REHABILITATIONS:

(I)      OWNER-OCCUPIED        SINGLE        FAMILY        RESIDENTIAL
STRUCTURES; AND

(II)     COMMERCIAL REHABILITATIONS.

(I) (1) SUBJECT TO THE PROVISIONS OF THIS SUBSECTION, THE
PROVISIONS OF THIS SECTION AND THE TAX CREDIT AUTHORIZED UNDER THIS
SECTION SHALL TERMINATE AS OF JULY 1, 2008.

(2) ON AND AFTER JULY 1, 2008:

(I) THE TAX CREDIT AUTHORIZED UNDER THIS SECTION MAY BE
CLAIMED FOR:

1. A REHABILITATION PROJECT, OTHER THAN A
COMMERCIAL REHABILITATION, FOR WHICH AN APPLICATION FOR APPROVAL OF A
PLAN OF PROPOSED REHABILITATION WAS RECEIVED BY THE DIRECTOR ON OR
BEFORE JUNE 30, 2008; OR

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