Enhanced deduction for agricultural and skill development project expenditures subject to board notification and prescribed guidelines. Two new provisions grant an enhanced deduction equal to one and one-half times qualifying expenditure for: (a) agricultural extension projects notified by the Board and implemented per prescribed guidelines, and (b) skill development projects (excluding land or building costs) notified by the Board and implemented per prescribed guidelines. Both provisions require Board notification and compliance with prescribed guidelines and disallow claiming the same expenditure under any other provision of the Act for the same or subsequent assessment years.