Effective 1-1-2020.
Sec. 7. As used in this chapter, "qualified investment" means the amount of the taxpayer's expenditures that are:
(1) for the redevelopment or rehabilitation of real property located within a qualified redevelopment site; and
(2) approved by the corporation before the expenditure is made.
As added by P.L.158-2019, SEC.29.
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