Section 36-7.5-4.5-14 - "State income tax increment revenue"(a) As used in this chapter, "state income tax increment revenue" means the remainder of: (1) the aggregate amount of state adjusted gross income taxes paid or remitted for a calendar year with respect to: (A) wages and salary earned for work in the territory comprising a district; and(B) income earned by residents living within the district; minus(2) the state income tax base period amount.(b) If an individual is a resident of one (1) district and is employed within another district during a calendar year, the state income tax for the individual shall be attributed to the district in which the individual resides.Amended by P.L. 236-2023,SEC. 193, eff. 7/1/2023.Added by P.L. 248-2017,SEC. 10, eff. 7/1/2017.