Indiana Statutes
§ 6-3.1-11-25 — Expiration
(a)Notwithstanding any other law and
except as provided in subsection (b), a taxpayer is entitled to receive a
credit under this chapter only for a qualified investment made before
January 1, 2020.
(b)A taxpayer is entitled to receive a credit for a qualified
investment made after December 31, 2019, and before January 1, 2030,
if the taxpayer is awarded a credit under:
(1)an application approved by the corporation before January 1,
2020; or
(2)an agreement entered into by the taxpayer and the corporation
before January 1, 2021.
(c)This section may not be construed to prevent a taxpayer from
carrying an unused tax credit attributable to a qualified investment
made before January 1, 2020, or made as provided in subsection (b)
forward to a taxable year beginning after December 31, 2019,
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Legislative History
As added by P.L.158-2019, SEC.10.
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Repealed§ 6-1.1-1-14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"