§ 22-4-4-1 — Definitions; remuneration

"Remuneration" whenever used in this article,
unless the context clearly denotes otherwise, means all compensation
for personal services, including but not limited to commissions,
bonuses, dismissal pay, vacation pay, sick pay (subject to the
provisions of section 2(c)(1) of this chapter) payments in lieu of
compensation for services, and cash value of all compensation paid in
any medium other than cash. The reasonable cash value of
compensation paid in any medium other than cash may be estimated
and determined in accordance with rules prescribed by the department.
Such term shall not, however, include the value of meals, lodging,
books, tuition, or educational facilities furnished to a student while
such student is attending an established school, college, university,
hospital, or training course for services performed within the regular
school term or school year, including the customary vacation days or
periods falling within such school term or school year.
Formerly: Acts 1947, c.208, s.401; Acts 1955, c.317, s.1; Acts
1969, c.300, s.1. As amended by P.L.144-1986, SEC.95; P.L.171-2016,
SEC.3; P.L.122-2019, SEC.8.