Section 18200.501 - State taxes(a)General rule.--A qualified business or a person who owns an interest in a qualified pass-through entity shall receive the exemptions, deductions, abatements or credits as provided in this chapter for the duration of the economic development district designation. Exemptions, deductions, abatements or credits shall expire on the date of expiration of the economic development district designation.(b)Construction.--The Department of Revenue shall administer, construe and enforce the provisions of this chapter in conjunction with Articles II, III and IV of the Tax Reform Code of 1971.(c)Limitation.--A qualified business or a person who owns an interest in a qualified pass-through entity may not apply an exemption from income or a credit under this chapter for any class of income against any other classes of income or gain. 2004, Dec. 1, P.L. 1750, No. 226, § 501, imd. effective.