"Qualified investment" defined
Sec. 10. As used in this chapter, "qualified investment" means the
amount of the taxpayer's expenditures after December 31, 1997, for
rehabilitation of property located within a military base recovery site
under a plan contained in an application approved by the board under
section 20 of this chapter. An expenditure for purposes or by persons
not covered by such a plan is not a qualified investment.
As added by P.L.125-1998, SEC.2.
Last modified: May 28, 2006