Indiana Code — Title 6 (Taxation)
IC 6-1.1-43-3
Forfeiture of incentive
Official textiga.in.govlast amended
Sec. 3. If a recipient of an economic development incentive fails to comply with the wage and benefit levels that the recipient proposed or promised to obtain an economic development incentive, as determined by the entity awarding the economic development incentive, the recipient forfeits the economic development incentive as of the date of the determination.
As added by P.L.60-1997, SEC.1.
Amendment history
As added by P.L.60-1997, SEC.1.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-42-25 · Appeal of grant of deduction
- 6-1.1-42-26 · Hearing of appeal of grant of deduction
- 6-1.1-42-27 · Certified deduction application
- 6-1.1-42-28 · Amount of deduction
- 6-1.1-42-29 · Requirements for property owners filing deduction…
- 6-1.1-42-30 · Substantial compliance with statement of benefits; notice;
- 6-1.1-42-31 · Public documents and records; confidential information
- 6-1.1-42-32 · Publication and filing of deduction information by auditor
- 6-1.1-42-33 · Designating body not granted authority to exempt person…
- 6-1.1-42-34 · Correction of deduction errors
- 6-1.1-43-1 · Application of chapter
- 6-1.1-43-2 · "Economic development incentive" defined
- 6-1.1-43-3 · Forfeiture of incentive
- 6-1.1-43-4 · Restoration of incentive
- 6-1.1-45-1 · Definition applicability
- 6-1.1-45-2 · "Base year assessed value"
- 6-1.1-45-3 · "Corporation"
- 6-1.1-45-3.5 · "District business"
- 6-1.1-45-4 · "Enterprise zone"
- 6-1.1-45-5 · "Enterprise zone location"
- 6-1.1-45-6 · "Enterprise zone property"
- 6-1.1-45-6.2 · "Entrepreneur and enterprise district"
- 6-1.1-45-6.4 · "Entrepreneur and enterprise district location"
- 6-1.1-45-6.6 · "Entrepreneur and enterprise district property"
- 6-1.1-45-7 · "Qualified investment"