Indiana Statutes

§ 6-3-2-24 — Income tax exemption; Olympic medalist

Indiana § 6-3-2-24
JurisdictionIndiana
Art. 3STATE INCOME TAXES
Ch. 2Imposition of Tax and Deductions

This text of Indiana § 6-3-2-24 (Income tax exemption; Olympic medalist) 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 § 6-3-2-24 (2026).

Text

(a)This section applies to a taxable year beginning after December 31, 2013.
(b)As used in this section, "international committee" refers to the International Olympic Committee and the International Paralympic Committee.
(c)As used in this section, "Olympic games" refers to an international sports competition conducted every two (2) years by an international committee, including both the summer and winter games.
(d)As used in this section, "Olympic medal" refers to a gold, silver, or bronze medal won by an individual competing at the Olympic games.
(e)An individual is entitled to an exemption from the adjusted gross income tax imposed under this article equal to the sum of:
(1)the value of an Olympic medal won during the taxable year; plus
(2)the amount of income received during the

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Legislative History

As added by P.L.87-2014, SEC.3.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-3-2-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3-2-24.