Current through P.L. 171-2024
Section 36-7-13-13 - Designation of district; information to department of state revenue; determination of gross retail base period amount and income tax base period amount(a) If an advisory commission on industrial development designates a district under section 12 or 12.1 of this chapter or if the legislative body of a county or municipality adopts an ordinance designating a district under section 10.5 of this chapter, the advisory commission, or the legislative body in the case of a district designated under section 10.5 of this chapter, shall send a certified copy of the resolution or ordinance designating the district to the department of state revenue by certified mail and shall include with the resolution a complete list of the following:(1) Employers in the district.(2) Street names and the range of street numbers of each street in the district.(3) Federal tax identification number of each business in the district.(4) The street address of each employer.(5) Name, telephone number, and electronic mail address (if available) of a contact person for each employer.(b) The advisory commission, or the legislative body in the case of a district designated under section 10.5 of this chapter, shall update the list:(1) before July 1 of each year; or(2) within fifteen (15) days after the date that the budget agency approves a petition to modify the boundaries of the district under section 12.5 of this chapter.(c) Not later than sixty (60) days after receiving a copy of the resolution or ordinance designating a district, the department of state revenue shall determine the gross retail base period amount and the income tax base period amount.(d) Not later than sixty (60) days after receiving a certification of a district's modified boundaries under section 12.5(c) of this chapter, the department shall recalculate the gross retail base period amount and the income tax base period amount for a district modified under section 12.5 of this chapter.As added by P.L. 125-1998, SEC.17. Amended by P.L. 174-2001, SEC.9; P.L. 224-2003, SEC.240; P.L. 81-2004, SEC.37 and P.L. 90-2004, SEC.10; P.L. 199-2005, SEC.34.