Indiana Statutes
§ 6-3.1-35.8-5 — Annual aggregate credit limit
Indiana § 6-3.1-35.8-5
This text of Indiana § 6-3.1-35.8-5 (Annual aggregate credit limit) 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 § 6-3.1-35.8-5 (2026).
Text
(a)The amount of tax credits allowed under
this chapter may not exceed two million dollars ($2,000,000) for the
period beginning July 1, 2021, through December 31, 2023.
(b)The amount of tax credits allowed under this chapter may not
exceed two million dollars ($2,000,000) in each calendar year
beginning after December 31, 2023, and ending before January 1,
2028.
(c)The department shall record the time of filing of each application
for allowance of a tax credit required under section 4 of this chapter
and shall approve the applications, if they otherwise qualify for a tax
credit under this chapter, in the chronological order in which the
applications are filed in the calendar year.
(d)When the total tax credits approved under this section equal the
maximum amount allowable, no applicat
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Legislative History
As added by P.L.165-2021, SEC.91. Amended by P.L.97-2023,
SEC.5.
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Repealed§ 6-1.1-1-14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 § 6-3.1-35.8-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3.1-35.8-5.