Indiana Statutes
§ 4-10-18-3 — Determination of adjusted personal income and annual growth rate
Indiana § 4-10-18-3
This text of Indiana § 4-10-18-3 (Determination of adjusted personal income and annual growth rate) 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 § 4-10-18-3 (2026).
Text
(a)Each year, the budget director shall
determine the adjusted personal income and the annual growth rate for
Indiana using the current reporting period.
(b)The budget director shall determine the adjusted personal
income for the current reporting period in the following manner:
STEP ONE: Calculate the average implicit price deflator for the
gross domestic product for the current reporting period by totaling
the implicit price deflator for the gross domestic product for each
quarter of the current reporting period and dividing that total by
four (4).
STEP TWO: Calculate the remainder of the total state personal
income for the current reporting period minus any transfer
payments made in Indiana for the current reporting period.
STEP THREE: Calculate the quotient of the result of STEP TWO
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Nearby Sections
15
§ 4-1-1-1
Dates beginning and ending§ 4-1-1-2
Reports to governor§ 4-1-10-1
Applicability§ 4-1-10-1.5
"Person"§ 4-1-10-11
Attorney general investigation of disclosures; notice to county
prosecutor and state police§ 4-1-10-12
Attorney general determination of infraction; report to appointing
authority and county prosecutor§ 4-1-10-13
Attorney general rulemaking authority§ 4-1-10-2
"State agency"§ 4-1-10-3
Nondisclosure of Social Security number§ 4-1-10-6
State agency complianceCite This Page — Counsel Stack
Bluebook (online)
Indiana § 4-10-18-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-10-18-3.