Tax credit uniformity transfer provisions

# (1)

(1) Tax credits may be transferred only by the entity or individual that received the original certification.

# (2)

(2) There are two general groups of transferable credits, those that must be claimed in one year and those that must be claimed over multiple years. The following applies to transfers of these credits:

(a) For credits that are claimed for only one tax year (excluding carry forward provisions), transfer of the entire credit is not required. A portion may be transferred to another taxpayer and the remaining amount of the one year credit may be claimed on the transferor's return.

(b) For credits that are claimed over multiple tax years (excluding carry forward provisions), the full

amount of the credit for each tax year may be transferred to one or more transferees and the transferor may not claim any portion of that tax year's credit.