Indiana § 4-32.3-6-4 Annual activity license; annual gambling activity license;
determination of adjusted gross revenue

Indiana Statutes

§ 4-32.3-6-4 — Annual activity license; annual gambling activity license; determination of adjusted gross revenue

Indiana § 4-32.3-6-4

Art. 32.3CHARITY GAMING

Ch. 6License Fees

This text of Indiana § 4-32.3-6-4 (Annual activity license; annual gambling activity license; determination of adjusted gross 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 § 4-32.3-6-4 (2026).

Text

This section applies to an annual activity license under IC 4-32.3-4-5 and an annual gambling activity license under IC 4-32.3-4-11. A qualified organization's adjusted gross revenue is an amount equal to the difference between:

(1)the qualified organization's total gross revenue from allowable activities in the preceding year; minus

(2)the sum of any amounts deducted under IC 4-32.3-5-3(b)(5) in the preceding year.

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This section applies to an annual activity
license under IC 4-32.3-4-5 and an annual gambling activity license
under IC 4-32.3-4-11. A qualified organization's adjusted gross revenue
is an amount equal to the difference between:
(1) the qualified organization's total gross revenue from allowable
activities in the preceding year; minus
(2) the sum of any amounts deducted under IC 4-32.3-5-3(b)(5)
in the preceding year.