Indiana § 36-7-27-12 Allocation provision; adoption; notice; certification of base period
amount

Indiana Statutes

§ 36-7-27-12 — Allocation provision; adoption; notice; certification of base period amount

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 27 Economic Development Tax Area

(a)A resolution adopted under section 11 of this chapter must include a provision with respect to the allocation and distribution of covered local income taxes for the purposes and in the manner provided in this section. The allocation provision must apply to the entire tax area.

(b)When an allocation provision is adopted under subsection (a), the commission shall notify the department by certified mail of the adoption of the provision and shall include with the notification a complete list of the following:

(1)Employers in the tax area.

(2)Street names and the range of street numbers of each street in the tax area. The commission shall update the list before July 1 of each year.

(c)Not later than sixty (60) days after receipt from the commission of the notification under subsection (

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A resolution adopted under section 11 of
this chapter must include a provision with respect to the allocation and
distribution of covered local income taxes for the purposes and in the
manner provided in this section. The allocation provision must apply
to the entire tax area.
(b) When an allocation provision is adopted under subsection (a),
the commission shall notify the department by certified mail of the
adoption of the provision and shall include with the notification a
complete list of the following:
(1) Employers in the tax area.
(2) Street names and the range of street numbers of each street in
the tax area.
The commission shall update the list before July 1 of each year.
(c) Not later than sixty (60) days after receipt from the commission
of the notification under subsection (b), the department shall determine
the base period amount and certify that amount to the commission.

Indiana § 36-7-27-12 (Allocation provision; adoption; notice; certification of base period amount) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.