Indiana Statutes

§ 36-7-26-10 — "Gross increment" defined

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 26 Economic Development Project Districts
As used in this chapter, "gross increment" means the aggregate amount of state gross retail and use taxes that are remitted under IC 6-2.5 by businesses operating in the district, as determined by the department under section 23 of this chapter, minus the base period amount.

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Legislative History

As added by P.L.35-1990, SEC.63.

Nearby Sections

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