Indiana § 36-7-13-3.2 "Income tax base period amount"

Indiana Statutes

§ 36-7-13-3.2 — "Income tax base period amount"

Indiana § 36-7-13-3.2

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 13Industrial Development

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Bluebook

Ind. Code § 36-7-13-3.2 (2026).

Text

2. Except as provided in section 10.7(d) of this chapter, as used in this chapter, "income tax base period amount" means:

(1)the aggregate amount of state and local income taxes paid by employees employed in the territory comprising a district with respect to wages and salary earned for work in the district for the state fiscal year that precedes the date on which:

(A)an advisory commission on industrial development adopted a resolution designating the district, in the case of a district that is not described in section 12(c) of this chapter; or

(B)the legislative body of a county or municipality adopts an ordinance designating a district under section 10.5 of this chapter;

(2)an amount equal to:

(A)the aggregate amount of state and local income taxes paid by employees employed in the

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2. Except as provided in section 10.7(d) of
this chapter, as used in this chapter, "income tax base period amount"
means:
(1) the aggregate amount of state and local income taxes paid by
employees employed in the territory comprising a district with
respect to wages and salary earned for work in the district for the
state fiscal year that precedes the date on which:
(A) an advisory commission on industrial development adopted
a resolution designating the district, in the case of a district that
is not described in section 12(c) of this chapter; or
(B) the legislative body of a county or municipality adopts an
ordinance designating a district under section 10.5 of this
chapter;
(2) an amount equal to:
(A) the aggregate amount of state and local income taxes paid
by employees employed in the territory comprising a district
with respect to wages and salary earned for work in the district
during the month in which an advisory commission on
industrial development adopted a resolution designating the
district; multiplied by
(B) twelve (12);
in the case of a district that is described in section 12(c) of this
chapter; or
(3) an amount equal to the amount determined under subdivision
(1) or (2); plus:
(A) the aggregate amount of state and local income taxes paid
by employees employed in the territory added to the district
with respect to wages and salary earned for work in the
modified district during the month in which a petition to modify
the district's boundaries is approved by the budget agency under
section 12.5 of this chapter; multiplied by
(B) twelve (12);
in the case of a district modified under section 12.5 of this
chapter.

Legislative History

As added by P.L.125-1998, SEC.7. Amended by P.L.138-1999, SEC.2; P.L.174-2001, SEC.3; P.L.178-2002, SEC.117; P.L.81-2004, SEC.32 and P.L.90-2004, SEC.5.