Ind. Code § 6-3.1-30.5-13

Current through P.L. 171-2024
Section 6-3.1-30.5-13 - Maximum amount of credit
(a) The total amount of tax credits awarded under this chapter may not exceed nine million five hundred thousand dollars ($9,500,000) in the state fiscal year beginning July 1, 2016, and ending June 30, 2017.
(b) The total amount of tax credits awarded under this chapter in a state fiscal year may not exceed the following:
(1) Twelve million five hundred thousand dollars ($12,500,000) for the state fiscal year beginning July 1, 2017, and ending June 30, 2018.
(2) Fourteen million dollars ($14,000,000) for the state fiscal year beginning July 1, 2018, and ending June 30, 2019.
(3) Fifteen million dollars ($15,000,000) for the state fiscal year beginning July 1, 2019, and ending June 30, 2020.
(4) Sixteen million five hundred thousand dollars ($16,500,000) for the state fiscal year beginning July 1, 2020, and ending June 30, 2021.
(5) Seventeen million five hundred thousand dollars ($17,500,000) for the state fiscal year beginning July 1, 2021, and ending June 30, 2022.
(6) Eighteen million five hundred thousand dollars ($18,500,000) for the state fiscal year beginning July 1, 2022, and ending June 30, 2023, and for each state fiscal year thereafter.

IC 6-3.1-30.5-13

Amended by P.L. 201-2023,SEC. 101, eff. 7/1/2023.
Amended by P.L. 165-2021,SEC. 90, eff. 7/1/2021.
Amended by P.L. 108-2019,SEC. 123, eff. 7/1/2019.
Amended by P.L. 217-2017,SEC. 66, eff. 7/1/2017.
Amended by P.L. 213-2015, SEC. 86, eff. 7/1/2015.
Amended by P.L. 205-2013, SEC. 84, eff. 7/1/2013.
Amended by P.L. 92-2011, SEC. 4, eff. 7/1/2011.
As added by P.L. 182-2009 (ss), SEC.205.