Section 501. State taxes.
(a) General rule.--A person who is a resident of a subzone, improvement subzone or expansion subzone, a qualified business or a nonresident under section 513 shall receive the exemptions, deductions, abatements or credits as provided in this chapter and Chapter 7 for the duration of the subzone, improvement subzone or expansion subzone designation. Exemptions, deductions, abatements or credits shall expire on the date of expiration of the subzone, improvement subzone or expansion subzone designation.
(b) Construction.--The Department of Revenue shall administer, construe and enforce the provisions of this chapter in conjunction with Articles II, III, IV, VI, VII, IX and XV of the Tax Reform Code of 1971.
(501 amended Dec. 9, 2002, P.L.1727, No.217)