Indiana Statutes

§ 6-3.1-17.1-11 — Credit assignment

Indiana § 6-3.1-17.1-11
JurisdictionIndiana
Art. 3.1STATE TAX LIABILITY CREDITS
Ch. 17.1Historic Rehabilitation Tax Credit

This text of Indiana § 6-3.1-17.1-11 (Credit assignment) 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 § 6-3.1-17.1-11 (2026).

Text

(a)A qualified taxpayer may assign any part of the credit that the qualified taxpayer may claim under this chapter. A credit that is assigned under this section remains subject to this chapter. If a qualified taxpayer assigns a part of a credit during a taxable year, the assignee may not subsequently assign all or part of the credit to another qualified taxpayer. A qualified taxpayer may make only one (1) assignment of a credit.
(b)An assignment of a credit must be in writing, and both the qualified taxpayer and assignee shall report the assignment on the qualified taxpayer's and the assignee's state tax returns for the year in which the assignment is made, in the manner prescribed by the department. A qualified taxpayer may not receive value in connection with an assignment under this s

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

As added by P.L.236-2023, SEC.67.

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Repealed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"
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 6-3.1-17.1-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3.1-17.1-11.