2023 Indiana Code › Title 6. Taxation › Article 3.1. State Tax Liability Credits › Chapter 9. Neighborhood Assistance Credits › 6-3.1-9-1. Definitions

Sec. 1. (a) As used in this chapter, "authority" means the Indiana housing and community development authority established by IC 5-20-1-3.
(b) As used in this chapter, "business firm" means any business entity authorized to do business in the state of Indiana that has state tax liability.
(c) As used in this chapter, "community services" means any type of:
(1) counseling and advice;
(2) emergency assistance;
(3) medical care;
(4) recreational facilities;
(5) housing facilities; or
(6) economic development assistance;
provided to individuals, economically disadvantaged households, groups, or neighborhood organizations in an economically disadvantaged area or provided to individuals who are ex-offenders who have completed the individuals' criminal sentences or are serving a term of probation or parole.
(d) As used in this chapter, "crime prevention" means any activity which aids in the reduction of crime in an economically disadvantaged area or an economically disadvantaged household.
(e) As used in this chapter, "economically disadvantaged area" means an enterprise zone, or any other federally or locally designated economically disadvantaged area in Indiana. The certification shall be made on the basis of current indices of social and economic conditions, which shall include but not be limited to the median per capita income of the area in relation to the median per capita income of the state or standard metropolitan statistical area in which the area is located.
(f) As used in this chapter, "economically disadvantaged household" means a household with an annual income that is at or below eighty percent (80%) of the area median income or any other federally designated target population.
(g) As used in this chapter, "education" means any type of scholastic instruction or scholarship assistance to an individual who:
(1) resides in an economically disadvantaged area; or
(2) is an ex-offender who has completed the individual's criminal sentence or is serving a term of probation or parole;
that enables the individual to prepare for better life opportunities.
(h) As used in this chapter, "enterprise zone" means an enterprise zone created under IC 5-28-15.
(i) As used in this chapter, "job training" means any type of instruction to an individual who:
(1) resides in:
(A) an economically disadvantaged area; or
(B) an economically disadvantaged household; or
(2) is an ex-offender who has completed the individual's criminal sentence or is serving a term of probation or parole;
that enables the individual to acquire vocational skills so that the individual can become employable or be able to seek a higher grade of employment.
(j) As used in this chapter, "neighborhood assistance" means either:
(1) furnishing financial assistance, labor, material, and technical advice to aid in the physical or economic improvement of any part or all of an economically disadvantaged area; or
(2) furnishing technical advice to promote higher employment in any neighborhood in Indiana.
(k) As used in this chapter, "neighborhood organization" means any organization, including but not limited to a nonprofit development corporation doing both of the following:
(1) Performing community services:
(A) in an economically disadvantaged area;
(B) for an economically disadvantaged household; or
(C) for individuals who are ex-offenders who have completed the individuals' criminal sentences or are serving a term of probation or parole.
(2) Holding a ruling:
(A) from the Internal Revenue Service of the United States Department of the Treasury that the organization is exempt from income taxation under the provisions of the Internal Revenue Code; and
(B) from the department of state revenue that the organization is exempt from income taxation under IC 6-2.5-5-21.
(l) As used in this chapter, "person" means any individual subject to Indiana gross or adjusted gross income tax.
(m) As used in this chapter, "state fiscal year" means a twelve (12) month period beginning on July 1 and ending on June 30.
(n) As used in this chapter, "state tax liability" means the taxpayer's total tax liability that is incurred under:
(1) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax); and
(2) IC 6-5.5 (the financial institutions 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.
(o) As used in this chapter, "tax credit" means a deduction from any tax otherwise due and payable under IC 6-3 or IC 6-5.5.
As added by P.L.51-1984, SEC.1. Amended by P.L.21-1990, SEC.12; P.L.25-1993, SEC.10; P.L.192-2002(ss), SEC.99; P.L.4-2005, SEC.53; P.L.235-2005, SEC.95; P.L.1-2006, SEC.140; P.L.181-2006, SEC.44; P.L.1-2007, SEC.54; P.L.166-2014, SEC.11.