Ind. Code § 6-3.1-9-2

Current through P.L. 171-2024
Section 6-3.1-9-2 - [Effective Until 7/1/2024] Eligible persons; proposals; approval
(a) A business firm or a person who contributes to a neighborhood organization that engages in the activities of providing:
(1) neighborhood assistance, job training, or education for individuals not employed by the business firm or person;
(2) community services or crime prevention in an economically disadvantaged area; or
(3) community services, education, or job training services to individuals who are ex-offenders who have completed the individuals' criminal sentences or are serving a term of probation or parole;

shall receive a tax credit as provided in section 3 of this chapter if the authority approves the proposal of the business firm or person, setting forth the program to be conducted, the area selected, the estimated amount to be invested in the program, and the plans for implementing the program.

(b) The authority, after consultation with the community services agency and the commissioner of revenue, may adopt rules for the approval or disapproval of these proposals.

IC 6-3.1-9-2

Amended by P.L. 166-2014, SEC. 12, eff. 7/1/2014.
As added by P.L. 51-1984, SEC.1. Amended by P.L. 4-2005, SEC.54; P.L. 235-2005, SEC.96; P.L. 1-2006, SEC.141; P.L. 181-2006, SEC.45; P.L. 1-2007, SEC.55.
This section is set out more than once due to postponed, multiple, or conflicting amendments.