ยง241-4.5 - Capital goods excise tax credit.
ยง241-4.5ย Capital goods excise tax credit.ย The capital goods excise tax credit provided under section 235-110.7 shall beoperative for this chapter after December 31, 1987; provided that the capitalgoods excise tax credit shall be inoperative after December 31, 2008, andbefore January 1, 2010. [L 1987, c 239, ยง8; am L 2009, c 178, ยง5]
Note
ย The 2009 amendment applies to investments made, renovationcosts incurred, or eligible depreciable tangible property placed in service onor after May 1, 2009. L 2009, c 178, ยง10.