§ 24 — Credit recapture

§ 24. Credit recapture. If, as of the close of any taxable year in the\ncompliance period, the amount of the qualified basis of any building\nwith respect to the taxpayer is less than the amount of such basis as of\nthe close of the preceding taxable year, the credit under this article\nmay be recaptured as provided in section eighteen of the tax law.\n