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Did the enterprise Zone program receive new benefits through legislative action in 2005?

April 26, 2017Action Benefits Enterprise legislative program zone

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Did the enterprise Zone program receive new benefits through legislative action in 2005?

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Yes! A Zone Investment Deduction will be available to Zone businesses in 2006, which provides a local tax deduction for up to ten years on the increase in assessed value resulting from a qualified investment made into that Zone business.