Indiana § 36-7.5-4.5-10 "Local income tax increment revenue"

Indiana Statutes

§ 36-7.5-4.5-10 — "Local income tax increment revenue"

Indiana § 36-7.5-4.5-10

Title 36LOCAL GOVERNMENT

Art. 7.5NORTHWEST INDIANA REGIONAL

Ch. 4.5Rail Transit Development Districts

This text of Indiana § 36-7.5-4.5-10 ("Local income tax increment revenue") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-7.5-4.5-10 (2026).

Text

(a)As used in this chapter, "local income tax increment revenue" means the remainder of:

(1)the total amount of local income tax (IC 6-3.6) paid by:

(A)employees employed in the district with respect to wages and salary earned for work in the territory comprising the district for a particular calendar year; and

(B)residents living within the district; minus

(2)the local income tax base period amount; as determined by the department.

(b)If an individual is a resident of one (1) district and is employed within another district during a calendar year, the local income tax for the individual shall be attributed to the district in which the individual resides.

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(a) As used in this chapter, "local income
tax increment revenue" means the remainder of:
(1) the total amount of local income tax (IC 6-3.6) paid by:
(A) employees employed in the district with respect to wages
and salary earned for work in the territory comprising the
district for a particular calendar year; and
(B) residents living within the district; minus
(2) the local income tax base period amount;
as determined by the department.
(b) If an individual is a resident of one (1) district and is employed
within another district during a calendar year, the local income tax for
the individual shall be attributed to the district in which the individual
resides.