Section 6-1.1-45-12 - Deduction limitation; claiming deduction after expiration of zone(a) Subject to subsection (b), a taxpayer may claim a deduction under this chapter for property other than property located in a consolidated city for an assessment date that occurs after: (1) the expiration of the enterprise zone in which the enterprise zone property for which the taxpayer made the qualified investment is located; or(2) the expiration of the entrepreneur and enterprise district in which the entrepreneur and enterprise district property for which the taxpayer made the qualified investment under IC 5-28-15.5 is located.(b) A taxpayer may not claim a deduction under this chapter for more than ten (10) years.Amended by P.L. 238-2017,SEC. 17, eff. 7/1/2017.As added by P.L. 214-2005, SEC.16. Amended by P.L. 211-2007, SEC.7.