In the case of an enterprise zone business, for purposes of section
179—
(1)the limitation under section
179(b)(1) shall be increased by the lesser of—
(A)$35,000, or
(B)the cost of section
179 property which is qualified zone property placed in service during the taxable year, and
(2)the amount taken into account under section
179(b)(2) with respect to any section
179 property which is qualified zone property shall be 50 percent of the cost thereof.
(b) Recapture
Rules similar to the rules under section
179(d)(10) shall apply with respect to any qualified zone property which ceases to be used in an empowerment zone by an enterprise zone business.