Indiana § 5-28-15.5-6 Annual summary; payments to district board; ability to obtain tax
records

Indiana Statutes

§ 5-28-15.5-6 — Annual summary; payments to district board; ability to obtain tax records

Indiana § 5-28-15.5-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 15.5Entrepreneur and Enterprise District Pilot Program

This text of Indiana § 5-28-15.5-6 (Annual summary; payments to district board; ability to obtain tax records) 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 § 5-28-15.5-6 (2026).

Text

(a)Subject to subsection (c), a district business that claims any of the incentives available to district businesses shall, before June 1 of each year:

(1)submit to the district board a verified summary concerning the amount of incentives claimed by the district business in the preceding year;

(2)pay the amount specified in section 4(a)(2)(A) of this chapter to the district board; and

(3)pay the amount determined under section 4(b) of this chapter to the district board.

(b)In order to determine the accuracy of the summary submitted under subsection (a), the district board is entitled to obtain copies of a district business's tax records directly from the department of local government finance or a county official, notwithstanding any other law. A summary submitted to a district board

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(a) Subject to subsection (c), a district
business that claims any of the incentives available to district
businesses shall, before June 1 of each year:
(1) submit to the district board a verified summary concerning the
amount of incentives claimed by the district business in the
preceding year;
(2) pay the amount specified in section 4(a)(2)(A) of this chapter
to the district board; and
(3) pay the amount determined under section 4(b) of this chapter
to the district board.
(b) In order to determine the accuracy of the summary submitted
under subsection (a), the district board is entitled to obtain copies of a
district business's tax records directly from the department of local
government finance or a county official, notwithstanding any other law.
A summary submitted to a district board and any records obtained by
the district board under this section are confidential. A member of a
district board or an agent of a district board who knowingly or
intentionally discloses information that is confidential under this
section commits a Class A misdemeanor.
(c) If a district business does not comply with subsection (a) before
June 1, the amount of the incentives for the preceding year that were
otherwise available to the district business because the business was a
district business are waived.
(d) This subsection is in addition to any other sanction imposed by
subsection (c) or any other law. If a district business fails to comply
with subsection (a) before June 1 of a year, the district business is:
(1) denied all the incentives available to a district business
because the business was a district business for that year; and
(2) disqualified from further participation in the pilot program
under this chapter until the district business petitions the district
board for, and is granted, readmission to the pilot program under
this chapter.