"Qualified investment"
Effective 1-1-2006.
Sec. 7. As used in this chapter, "qualified investment" means any
of the following expenditures relating to an enterprise zone location
on which a taxpayer's zone business is located:
(1) The purchase of a building.
(2) The purchase of new manufacturing or production
equipment.
(3) Costs associated with the repair, rehabilitation, or
modernization of an existing building and related
improvements.
(4) Onsite infrastructure improvements.
(5) The construction of a new building.
(6) Costs associated with retooling existing machinery.
As added by P.L.214-2005, SEC.16.
Last modified: May 28, 2006