As used in this chapter, "income tax incremental amount" means the remainder of:
(1) the aggregate amount of state adjusted gross income taxes paid or remitted during a calendar year with respect to income earned or attributable to the taxpayer's activities in the district; minus(2) the income tax base period amount.
IC 4-10-23-8
Amended by P.L. 190-2014, SEC. 4, eff. 5/15/2013.Added by P.L. 233-2013, SEC. 4, eff. 7/1/2013.