US Lawyer Database

6-1.1-42-32. Publication and Filing of Deduction Information by Auditor

Sec. 32. (a) Each calendar year, the county auditor shall publish the following in a newspaper of general interest and readership and not one of limited subject matter: (1) A list of the approved deduction applications that were filed under this chapter during that year. The list must contain the following: (A) The name and […]

6-1.1-45-7. “Qualified Investment”

Sec. 7. As used in this chapter, “qualified investment” means any of the following expenditures relating to an enterprise zone location or entrepreneur and enterprise district location on which a taxpayer’s zone business or district business is located: (1) The purchase of a building. (2) The purchase of new manufacturing or production equipment. (3) Costs […]

6-1.1-42-34. Correction of Deduction Errors

Sec. 34. If: (1) as the result of an error the county auditor applies a deduction under this chapter for a particular assessment date in an amount that is less than the amount to which the taxpayer is entitled under this chapter; and (2) the taxpayer is entitled to a correction of the error under […]

6-1.1-43-1. Application of Chapter

Sec. 1. This chapter applies to the following economic development incentive programs: (1) Grants and loans provided by the Indiana economic development corporation under IC 5-28, the office of tourism development under IC 5-29 (before July 1, 2020), or the Indiana destination development corporation under IC 5-33 (after June 30, 2020). (2) Incentives provided in […]

6-1.1-43-2. “Economic Development Incentive” Defined

Sec. 2. As used in this chapter, an “economic development incentive” refers to a tax credit, deduction, exemption, grant, or loan awarded under a program described in section 1 of this chapter. As added by P.L.60-1997, SEC.1.

6-1.1-43-3. Forfeiture of Incentive

Sec. 3. If a recipient of an economic development incentive fails to comply with the wage and benefit levels that the recipient proposed or promised to obtain an economic development incentive, as determined by the entity awarding the economic development incentive, the recipient forfeits the economic development incentive as of the date of the determination. […]

6-1.1-43-4. Restoration of Incentive

Sec. 4. If an economic development incentive is forfeited under section 3 of this chapter, the economic development incentive may not be restored to the recipient until the entity awarding the economic development incentive determines that the recipient is in compliance with the proposed or promised wage and benefit levels. As added by P.L.60-1997, SEC.1.