1. (a) In this section, “revitalization area” has the meaning stated in § 6-301 of this title.

2. (b) For a qualified opportunity zone business that qualifies for a job creation tax credit under § 6-304 of this title:

   1. (1) the Level 1 opportunity zone enhancement is equal to:

      1. (i) $3,075 multiplied by the number of qualified employees working in a facility not located in a revitalization area; and
      2. (ii) $5,125 multiplied by the number of qualified employees working in a facility located in a revitalization area; and

   2. (2) the Level 2 opportunity zone enhancement is equal to:

      1. (i) $3,300 multiplied by the number of qualified employees working in a facility not located in a revitalization area; and
      2. (ii) $5,500 multiplied by the number of qualified employees working in a facility located in a revitalization area.
3. (c) The enhanced multiplier authorized under subsection (b) of this section is in substitution for and not in addition to the multiplier under § 6-304(b)(1) of this title.

Added by Acts 2019, c. 211, § 1, eff. June 1, 2019.