Indiana Code — Title 6 (Taxation)
IC 6-3.1-36-11.7
Credit limitation
Official textiga.in.govlast amended
Sec. 11.7.
# (a)
Any single credit provided by this chapter may not exceed two hundred fifty thousand dollars ($250,000).
# (b)
The aggregate amount of credits provided by this chapter before its expiration may not exceed two million dollars ($2,000,000).
As added by P.L.78-2025, SEC.2.
Amendment history
As added by P.L.78-2025, SEC.2.
Source: view the official text
Nearby sections (25 sections)
- 6-3.1-36-1 · "Corporation"
- 6-3.1-36-2 · "Qualified applicant"
- 6-3.1-36-3 · "Qualified media production"
- 6-3.1-36-4 · "Qualified production expenses"
- 6-3.1-36-5 · "State tax liability"
- 6-3.1-36-6 · "Taxpayer"
- 6-3.1-36-7 · Application for tax credit; certification of eligibility
- 6-3.1-36-8 · Determination of tax credit amount
- 6-3.1-36-9 · Pass through entity; shareholder, partner, or member
- 6-3.1-36-10 · Claiming of credit on state tax return
- 6-3.1-36-11 · Credit carryover
- 6-3.1-36-11.5 · Credit assignability
- 6-3.1-36-11.7 · Credit limitation
- 6-3.1-36-12 · Credit subject to annual aggregate credit limit
- 6-3.1-36-13 · Expiration
- 6-3.1-37.2-1 · "Corporation"
- 6-3.1-37.2-2 · "Mine reclamation site"
- 6-3.1-37.2-3 · "Qualified investment"
- 6-3.1-37.2-4 · "State tax liability"
- 6-3.1-37.2-5 · "Taxpayer"
- 6-3.1-37.2-6 · Credit; amount; assignment
- 6-3.1-37.2-7 · Credit carryover and carryback
- 6-3.1-37.2-8 · Application to corporation
- 6-3.1-37.2-9 · Application evaluation
- 6-3.1-37.2-10 · Agreement