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(f); (C) is acquired by purchase as defined in Section 179(d) of the Internal Revenue Code; (D) is used in the Enterprise Zone or River Edge Redevelopment Zone by the taxpayer; and (E) has not been previously used in Illinois in such a manner and by such a person as would qualify for the credit provided by this subsection (f) or subsection (e). (3) The basis of qualified property shall be the basis used to compute the depreciation deduction for federal income tax purposes. (4) If the basis of the property for federal income tax depreciation purposes is increased after it has been placed in service in the Enterprise Zone or River Edge Redevelopment Zone by the taxpayer, the amount of such increase shall be deemed property placed in service on the date of such increase in basis. (5) The term "placed in service" shall have the same meaning as under Section 46 of the Internal Revenue Code. (6) If during any taxable year, any property ceases to be qualified property in the hands of the taxpayer within 48 months after being placed in service, or the situs of any qualified property is moved outside the Enterprise Zone or River Edge Redevelopment Zone within 48 months after being placed in service, the tax imposed under SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468