reglab/housing_qa huggingface dataset:
IN Code § 6-3.1-26-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-8. "Qualified Investment"

Sec. 8. (a) As used in this chapter, "qualified investment" means the amount of the taxpayer's expenditures in Indiana for:(1) the purchase of new telecommunications, production, manufacturing, fabrication, assembly, extraction, mining, processing, refining, finishing, distribution, transportation, or logistical distribution equipment;(2) the purchase of new computers and related equipment;(3) costs associated with the modernization of existing telecommunications, production, manufacturing, fabrication, assembly, extraction, mining, processing, refining, finishing, distribution, transportation, or logistical distribution facilities;(4) onsite infrastructure improvements;(5) the construction of new telecommunications, production, manufacturing, fabrication, assembly, extraction, mining, processing, refining, finishing, distribution, transportation, or logistical distribution facilities;(6) the purchase of retooled or refurbished machinery, and costs associated with retooling existing machinery and equipment;(7) costs associated with the construction of special purpose buildings and foundations for use in the computer, software, biological sciences, or telecommunications industry;(8) costs associated with the purchase of machinery, equipment, or special purpose buildings used to make motion pictures or audio productions;(9) a logistics investment, as described in section 8.5 of this chapter;(10) the purchase of new:(A) pollution control and abatement;(B) energy conservation; or(C) renewable energy generation;equipment; and(11) the purchase of new onsite digital manufacturing equipment;that are certified by the corporation under this chapter as being eligible for the credit under this chapter.(b) The term does not include property that can be readily moved outside Indiana.(c) Notwithstanding subsection (b), the term does include programmable logic controller property.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.103; P.L.199-2005, SEC.19; P.L.137-2006, SEC.6; P.L.288-2013, SEC.51; P.L.158-2019, SEC.17.
IN Code § 6-3.1-26-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-9. "State Tax Liability"

Sec. 9. As used in this chapter, "state tax liability" means a taxpayer's total tax liability that is incurred under:(1) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax);(2) IC 27-1-18-2 (the insurance premiums tax); and(3) IC 6-5.5 (the financial institutions tax) or IC 6-8-15 (the nonprofit agricultural organization health coverage tax);as computed after the application of the credits that under IC 6-3.1-1-2 are to be applied before the credit provided by this chapter.As added by P.L.224-2003, SEC.197. Amended by P.L.154-2020, SEC.19.
IN Code § 6-3.1-26-11 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-11. "Taxpayer"

Sec. 11. As used in this chapter, "taxpayer" means an individual, a corporation, a partnership, or other entity that has state tax liability.As added by P.L.224-2003, SEC.197.
IN Code § 6-3.1-26-12 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-12. Purpose of Credit

Sec. 12. The corporation may make credit awards under this chapter to foster job creation and higher wages in Indiana.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.104.
IN Code § 6-3.1-26-13 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-13. Entitlement to Credit

Sec. 13. A taxpayer that:(1) is awarded a tax credit under this chapter by the corporation; and(2) complies with the conditions set forth in this chapter and the agreement entered into by the corporation and the taxpayer under this chapter;is entitled to a credit against the taxpayer's state tax liability in a taxable year.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.105.
IN Code § 6-3.1-26-14 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-14. Amount of Credit

Sec. 14. The total amount of a tax credit claimed for a taxable year under this chapter is a percentage determined by the corporation, not to exceed:(1) ten percent (10%), of the amount of a qualified investment made by the taxpayer in Indiana during that taxable year, if the qualified investment is not a logistics investment;(2) twenty-five percent (25%) of the amount of a qualified investment made by the taxpayer in Indiana during that taxable year, if the qualified investment is a logistics investment. For purposes of this subdivision, the amount of a qualified investment that is used to determine the credit is limited to the difference of:(A) the qualified investments made by the taxpayer during the taxable year; minus(B) one hundred five percent (105%) of the average annual qualified investments made by the taxpayer during the two (2) taxable years immediately preceding the taxable year for which the credit is being claimed. However, if the total of the qualified investments for the earlier year of the two (2) year average is zero (0) and the taxpayer has not claimed the credit for a year that precedes that year, the taxpayer shall subtract only one hundred five percent (105%) of the amount of the qualified investments made during the taxable year immediately preceding the taxable year for which the credit is being claimed; and(3) for taxable years beginning after December 31, 2018, and before January 1, 2030, fifteen percent (15%) of the amount of a qualified investment made by a taxpayer in Indiana during that taxable year, if the qualified investment made is described under section 8(a)(11) of this chapter.The taxpayer may carry forward any unused credit as provided in section 15 of this chapter.As added by P.L.224-2003, SEC.197. Amended by P.L.199-2005, SEC.20; P.L.288-2013, SEC.53; P.L.158-2019, SEC.18.
IN Code § 6-3.1-26-17 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-17. Application

Sec. 17. A person that proposes a project to:(1) create new jobs or increase wage levels in Indiana; or(2) substantially enhance the logistics industry by creating new jobs, preserving existing jobs that otherwise would be lost, increasing wages in Indiana, or improving the overall Indiana economy, in the case of a logistics investment being claimed by the applicant;may apply to the corporation before the taxpayer makes the qualified investment to enter into an agreement for a tax credit under this chapter. The corporation shall prescribe the form of the application.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.106; P.L.288-2013, SEC.55; P.L.145-2016, SEC.31.
IN Code § 6-3.1-26-18 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-18. Agreement for Credit; Conditions

Sec. 18. After receipt of an application, the corporation may enter into an agreement with the applicant for a credit under this chapter if the corporation determines that all the following conditions exist:(1) The applicant's project will:(A) raise the total earnings of employees of the applicant in Indiana; or(B) substantially enhance the logistics industry by creating new jobs, preserving existing jobs that otherwise would be lost, increasing wages in Indiana, or improving the overall Indiana economy, in the case of a logistics investment being claimed by the applicant.(2) The applicant's project is economically sound and will benefit the people of Indiana by increasing opportunities for employment and strengthening the economy of Indiana.(3) Receiving the tax credit is a major factor in the applicant's decision to go forward with the project and not receiving the tax credit will result in the applicant not raising the total earnings of the applicant's employees in Indiana, or other employees in Indiana in the case of a logistics investment being claimed by the applicant.(4) Awarding the tax credit will result in an overall positive fiscal impact to the state, as certified by the budget agency using the best available data.(5) The credit is not prohibited by section 19 of this chapter.(6) In the case of a qualified investment that is not being claimed as a logistics investment by the applicant, the average wage that will be paid by the taxpayer to its employees (excluding highly compensated employees) at the location after the credit is given will be at least equal to one hundred fifty percent (150%) of the hourly minimum wage under IC 22-2-2-4 or its equivalent.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.107; P.L.199-2005, SEC.23; P.L.1-2006, SEC.143; P.L.288-2013, SEC.56.
IN Code § 6-3.1-26-19 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-19. Credit Disallowed for Relocated Jobs

Sec. 19. A person is not entitled to claim the credit provided by this chapter for any jobs that the person relocates from one (1) site in Indiana to another site in Indiana. Determinations under this section shall be made by the corporation.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.108.
IN Code § 6-3.1-26-22 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-22. Certificate of Verification

Sec. 22. A taxpayer claiming a credit under this chapter shall submit to the department of state revenue a copy of the corporation's certificate of verification under this chapter for the taxable year. However, failure to submit a copy of the certificate does not invalidate a claim for a credit.As added by P.L.224-2003, SEC.197. Amended by P.L.145-2016, SEC.33.
IN Code § 6-3.1-26-23 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-23. Noncompliance With Agreement; Assessments

Sec. 23. If the corporation determines that a taxpayer who has claimed a credit under this chapter is not entitled to the credit because of the taxpayer's noncompliance with the requirements of the tax credit agreement or all the provisions of this chapter, the corporation shall, after giving the taxpayer an opportunity to explain the noncompliance:(1) notify the department of state revenue of the noncompliance; and(2) request the department of state revenue to impose an assessment on the taxpayer in an amount that may not exceed the sum of any previously allowed credits under this chapter together with interest and penalties required or permitted by law.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.111; P.L.145-2016, SEC.34.
IN Code § 6-3.1-26-25 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 26. Hoosier Business Investment Tax Credit|6-3.1-26-25. Biennial Evaluation; Reporting Requirements

Sec. 25. (a) On a biennial basis, the corporation shall provide for an evaluation of the tax credit program. The evaluation must include an assessment of the effectiveness of the program in creating new jobs and increasing wages in Indiana and of the revenue impact of the program and may include a review of the practices and experiences of other states with similar programs.(b) The department shall submit information to the corporation concerning the use of the credit for logistics investments under this chapter. The information submitted by the department must include the following with regard to the previous calendar year for logistics investments:(1) Summary information regarding the taxpayers and the use of the credit, including the amount of credits approved, the number of taxpayers applying for the credit and claiming the credit, the number of employees who are employed in Indiana by the taxpayers claiming the credit, the amount and type of new qualified expenditures for which the credit was granted, the total dollar amount of new credits claimed and the average amount of the credit claimed per taxpayer, the amount of credits to be carried forward to a subsequent taxable year, and the percentage of the total credits claimed as compared to the total adjusted gross income of all the taxpayers claiming the credit.(2) The name and address of each taxpayer claiming the credit and the amount of the credit applied for by and granted to each taxpayer.(c) The corporation shall include information received or compiled under this section in the economic incentives and compliance report submitted under IC 5-28-28 for the calendar year in which the evaluation is completed.As added by P.L.224-2003, SEC.197. Amended by P.L.4-2005, SEC.113; P.L.288-2013, SEC.59; P.L.145-2016, SEC.35; P.L.130-2018, SEC.27.
IN Code § 6-3.1-29-0.1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-0.1. Application of Chapter; Severability

Sec. 0.1. (a) The addition of this chapter by P.L.191-2005 applies to taxable years beginning after December 31, 2005.(b) Each individual provision of P.L.191-2005 is fully severable. If a provision requiring an agreement executed under section 19 of this chapter, as added by P.L.191-2005, to include a particular term is declared invalid, the invalidity of the provision does not affect the validity of:(1) the other provisions of this chapter, as added by P.L.191-2005;(2) the other terms of the agreement executed under section 19 of this chapter, as added by P.L.191-2005; or(3) a tax credit awarded under this chapter, as added by P.L.191-2005.As added by P.L.220-2011, SEC.143.
IN Code § 6-3.1-29-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-1. Legislative Intent; Use of Women and Minority Businesses as Vendors

Sec. 1. The general assembly declares that the opportunity for the participation of underutilized small businesses, especially women and minority business enterprises, in the coal gasification industry is essential if social and economic parity is to be obtained by women and minority business persons and if the economy of Indiana is to be stimulated as contemplated by this chapter. A recipient of a credit under this chapter is encouraged to purchase goods and services from underutilized small businesses, especially women and minority business enterprises.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-2. "Commission"

Sec. 2. As used in this chapter, "commission" refers to the Indiana utility regulatory commission.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-3. "Corporation"

Sec. 3. As used in this chapter, "corporation" refers to the Indiana economic development corporation established by IC 5-28-3-1.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-4. "Department"

Sec. 4. As used in this chapter, "department" refers to the department of state revenue.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-4.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-4.5. "Fluidized Bed Combustion Technology"

Sec. 4.5. As used in this chapter, "fluidized bed combustion technology" means a technology that involves the combustion of fuel in connection with a bed of inert material, such as limestone or dolomite, which is held in a fluid like state by the means of air or other gasses being passed through the materials.As added by P.L.122-2006, SEC.10.
IN Code § 6-3.1-29-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-5. "Indiana Coal"

Sec. 5. As used in this chapter, "Indiana coal" has the meaning set forth in IC 21-47-1-4.As added by P.L.191-2005, SEC.15. Amended by P.L.2-2007, SEC.125.
IN Code § 6-3.1-29-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-6. "Integrated Coal Gasification Powerplant"

Sec. 6. As used in this chapter, "integrated coal gasification powerplant" means a facility that satisfies all the following requirements:(1) The facility is located in Indiana and is a newly constructed energy generating plant.(2) The facility converts coal into synthesis gas that can be used as a fuel to generate energy or as a substitute for natural gas.(3) The facility uses the synthesis gas as a fuel to generate electric energy or produces synthesis gas that can be used as a substitute for natural gas.(4) The facility is dedicated primarily to production of electricity or gas for use by energy utilities serving Indiana retail electric or gas utility consumers.As added by P.L.191-2005, SEC.15. Amended by P.L.175-2007, SEC.4.
IN Code § 6-3.1-29-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-7. "Minority"

Sec. 7. As used in this chapter, "minority" means a member of a minority group (as defined in IC 4-13-16.5-1.)As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-8. "Minority Business Enterprise"

Sec. 8. As used in this chapter, "minority business enterprise" has the meaning set forth in IC 4-13-16.5-1.As added by P.L.191-2005, SEC.15. Amended by P.L.1-2006, SEC.144.
IN Code § 6-3.1-29-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-9. "Pass Through Entity"

Sec. 9. As used in this chapter, "pass through entity" means:(1) a corporation that is exempt from the adjusted gross income tax under IC 6-3-2-2.8(2);(2) a partnership;(3) a limited liability company;(4) a limited liability partnership;(5) a corporation organized under IC 8-1-13; or(6) a corporation organized under IC 23-17-1 that is an electric cooperative and that has at least one (1) member that is a corporation organized under IC 8-1-13.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-10 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-10. "Qualified Investment"

Sec. 10. As used in this chapter, "qualified investment" means a taxpayer's expenditures for:(1) all real and tangible personal property incorporated in and used as part of an integrated coal gasification powerplant or a fluidized bed combustion technology; and(2) transmission equipment and other real and personal property located at the site of an integrated coal gasification powerplant or a fluidized bed combustion technology that is employed specifically to serve the integrated coal gasification powerplant or fluidized bed combustion technology.As added by P.L.191-2005, SEC.15. Amended by P.L.122-2006, SEC.11.
IN Code § 6-3.1-29-11 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-11. "State Tax Liability"

Sec. 11. As used in this chapter, "state tax liability" means a taxpayer's total tax liability that is incurred under:(1) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax);(2) IC 6-5.5 (the financial institutions tax);(3) IC 27-1-18-2 (the insurance premiums tax); and(4) IC 6-2.3 (the utility receipts tax);as computed after the application of the credits that under IC 6-3.1-1-2 are to be applied before the credit provided by this chapter.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-12 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-12. "Taxpayer"

Sec. 12. As used in this chapter, "taxpayer" means a person, a corporation, a partnership, or other entity that makes a qualified investment.As added by P.L.191-2005, SEC.15.
IN Code § 6-3.1-29-13 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-13. "Women's Business Enterprise"

Sec. 13. As used in this chapter, "women's business enterprise" has the meaning set forth in IC 4-13-16.5-1.As added by P.L.191-2005, SEC.15. Amended by P.L.15-2020, SEC.20; P.L.32-2021, SEC.11.
IN Code § 6-3.1-29-14 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-14. Credit

Sec. 14. (a) A taxpayer that:(1) is awarded a tax credit under this chapter by the corporation; and(2) complies with the conditions set forth in this chapter and the agreement entered into by the corporation and the taxpayer under this chapter;is entitled to a credit against the taxpayer's state tax liability for a taxable year in which the taxpayer places into service an integrated coal gasification powerplant or a fluidized bed combustion technology and for the taxable years provided in section 16 of this chapter.(b) A tax credit awarded under this chapter must be applied against the taxpayer's state tax liability in the following order:(1) Against the taxpayer's liability incurred under IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax).(2) Against the taxpayer's liability incurred under IC 6-5.5 (the financial institutions tax).(3) Against the taxpayer's liability incurred under IC 27-1-18-2 (the insurance premiums tax).(4) Against the taxpayer's liability incurred under IC 6-2.3 (the utility receipts tax).As added by P.L.191-2005, SEC.15. Amended by P.L.122-2006, SEC.12.
IN Code § 6-3.1-29-15 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3.1. State Tax Liability Credits|Chapter 29. Coal Gasification Technology Investment Tax Credit|6-3.1-29-15. Computation of Credit Amount

Sec. 15. (a) Subject to section 16 of this chapter, the amount of the credit to which a taxpayer is entitled for a qualified investment in an integrated coal gasification powerplant is equal to the sum of the following:(1) Ten percent (10%) of the taxpayer's qualified investment for the first five hundred million dollars ($500,000,000) invested.(2) Five percent (5%) of the amount of the taxpayer's qualified investment that exceeds five hundred million dollars ($500,000,000) only if the facility is dedicated primarily to serving Indiana retail electric or gas utility consumers.(b) Subject to section 16 of this chapter, the amount of the credit to which a taxpayer is entitled for a qualified investment in a fluidized bed combustion technology is equal to the sum of the following:(1) Seven percent (7%) of the taxpayer's qualified investment for the first five hundred million dollars ($500,000,000) invested.(2) Three percent (3%) of the amount of the taxpayer's qualified investment that exceeds five hundred million dollars ($500,000,000).As added by P.L.191-2005, SEC.15. Amended by P.L.122-2006, SEC.13; P.L.175-2007, SEC.5.