Section 6-1.1-45-7 - "Qualified investment"As used in this chapter, "qualified investment" means any of the following expenditures relating to an enterprise zone location or entrepreneur and enterprise district location on which a taxpayer's zone business or district 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.(7) In the case of an entrepreneur and enterprise district, the purchase of:(A) new information technology equipment (as defined in IC 6-1.1-12.1-1);(B) new logistical distribution equipment (as defined in IC 6-1.1-12.1-1); or(C) new research and development equipment (as defined in IC 6-1.1-12.1-1).Amended by P.L. 238-2017,SEC. 14, eff. 7/1/2017.As added by P.L. 214-2005, SEC.16.