Preservation of Historic Barns Act

[AI summary unavailable — showing source text] Preservation of Historic Barns Act - Allows, under the Internal Revenue Code, a tax credit of 10 percent of the amounts paid or incurred during the year by the taxpayer for maintaining the exterior appearance and structural soundness of any historic barn owned by him and certified by the Secretary of the Interior. Authorizes the Secretary to certify, for purposes of this Act, any barn which: (1) was constructed at least 40 years prior to the year in which certification is made; and (2) is of historic or artistic significance because of its location or exterior appearance. Stipulates that this Act shall apply to taxable years beginning after December 31, 1974.…