"Base year assessed value"
Effective 1-1-2006.
Sec. 2. "Base year assessed value" equals the total assessed value
of the real and personal property assessed at an enterprise zone
location on the assessment date in the calendar year immediately
preceding the calendar year in which a taxpayer makes a qualified
investment with respect to the enterprise zone location.
As added by P.L.214-2005, SEC.16.
Last modified: May 28, 2006