Indiana Statutes

§ 4-10-21-4 — Determination of Indiana nonfarm personal income

Indiana·Art. 10 STATE FUNDS GENERALLY·Ch. 21 Business Cycle State Spending Controls

For purposes of section 3 of this chapter, Indiana nonfarm personal income is the estimate of total nonfarm personal income for Indiana in a calendar year as computed by the federal Bureau of Economic Analysis before December 31 immediately preceding the beginning of the first state fiscal year in a biennial budget period, using any:

(1)actual data available for the calendar year; and
(2)estimated data for the calendar year whenever actual data is not available.

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Indiana § 4-10-21-4 (Determination of Indiana nonfarm personal income) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.192-2002(ss), SEC.4.

Nearby Sections

15
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