Indiana Statutes
§ 6-3-5-4 — Mutual economic development agreements with bordering states; payment agreement
Indiana § 6-3-5-4
This text of Indiana § 6-3-5-4 (Mutual economic development agreements with bordering states; payment agreement) 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 § 6-3-5-4 (2026).
Text
(a)If the Indiana economic development
corporation established under IC 5-28 and a similar agency or body of
a state bordering Indiana enter into an agreement for mutual economic
development, the department of state revenue may enter into a payment
agreement with that bordering state or an authorized agency of that
bordering state. The payment agreement must provide for an obligation
by the bordering state substantially similar to this section. The payment
agreement must be reviewed by the budget agency.
(b)A payment agreement must provide that the payment by the
department of state revenue cannot exceed the incremental income tax
withholdings collected by the department as a result of the
compensation of new employees who are Indiana residents and whose
jobs are being incentivized by th
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Legislative History
As added by P.L.158-2019, SEC.9.
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"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-3-5-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3-5-4.