Section 7.803. Time frame  


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  • Each Proposed Keystone Opportunity Improvement Sub-zone listed in § 7.801 (relating to proposed KOIZ sites), with the exception of § 7.801(7), is eligible for the tax exemptions, deductions, abatements or credits provided by the Keystone Opportunity Zone and Keystone Opportunity Expansion Zone Act (73 P. S. § § 820.101—820.1309), amended by Act 217 of 2002, for 15 years from the date of its designation as a Keystone Opportunity Improvement Sub-zone by the Department of Community and Economic Development. The designation of Walker Township, Juniata County, in § 7.801(7) is eligible for the benefits in this section for 5 years from the date of its designation.