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. (1) The purchase of a building.
2. (2) The purchase of new manufacturing or production equipment.
3. (3) Costs associated with the repair, rehabilitation, or modernization of an existing building and related improvements.
4. (4) Onsite infrastructure improvements.
5. (5) The construction of a new building.
6. (6) Costs associated with retooling existing machinery.

7. (7) In the case of an entrepreneur and enterprise district, the purchase of:

   1. (A) new information technology equipment (as defined in IC 6-1.1-12.1-1 );
   2. (B) new logistical distribution equipment (as defined in IC 6-1.1-12.1-1 ); or
   3. (C) new research and development equipment (as defined in IC 6-1.1-12.1-1 ).

As added by P.L.214-2005, SEC.16. Amended by P.L.238-2017, SEC.14.