CHAPTER 13. ECONOMIC DEVELOPMENT FOR A GROWING ECONOMY TAX CREDIT
IC 6-3.1-13
Chapter 13. Economic Development for a Growing Economy Tax
Credit
IC 6-3.1-13-1
Repealed
(Repealed by P.L.4-2005, SEC.148.)
IC 6-3.1-13-1.5
"Corporation" defined
Sec. 1.5. As used in this chapter, "corporation" means the Indiana
economic development corporation established by IC 5-28-3-1.
As added by P.L.4-2005, SEC.66.
IC 6-3.1-13-2
"Credit amount" defined
Sec. 2. As used in this chapter, "credit amount" means the amount
agreed to between the corporation and applicant under this chapter,
but not to exceed, in the case of a credit awarded for a project to
create new jobs in Indiana, the incremental income tax withholdings
attributable to the applicant's project.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.41; P.L.4-2005, SEC.67.
IC 6-3.1-13-3
"Director" defined
Sec. 3. As used in this chapter, "director" means the president of
the corporation.
As added by P.L.41-1994, SEC.1. Amended by P.L.4-2005, SEC.68.
IC 6-3.1-13-4
"Full-time employee" defined
Sec. 4. As used in this chapter, "full-time employee" means an
individual who is employed for consideration for at least thirty-five
(35) hours each week or who renders any other standard of service
generally accepted by custom or specified by contract as full-time
employment.
As added by P.L.41-1994, SEC.1.
IC 6-3.1-13-5
"Incremental income tax withholdings" defined
Sec. 5. As used in this chapter, "incremental income tax
withholdings" means the total amount withheld under IC 6-3-4-8 by
the taxpayer during the taxable year from the compensation of new
employees.
As added by P.L.41-1994, SEC.1.
IC 6-3.1-13-5.3
"NAICS" defined
Sec. 5.3. As used in this chapter, "NAICS" refers to the North
American Industry Classification System.
As added by P.L.197-2005, SEC.2.
IC 6-3.1-13-5.5
"NAICS industry sector" defined
Sec. 5.5. As used in this chapter, "NAICS industry sector" refers
to industries that share the same first two (2) digits of the six (6) digit
NAICS code assigned to industries in the NAICS Manual of the
United States Office of Management and Budget.
As added by P.L.197-2005, SEC.3.
IC 6-3.1-13-6
"New employee" defined
Sec. 6. (a) As used in this chapter, "new employee" means a
full-time employee first employed by a taxpayer in the project that is
the subject of a tax credit agreement and who is employed after the
taxpayer enters into the tax credit agreement.
(b) The term "new employee" does not include:
(1) an employee of the taxpayer who performs a job that was
previously performed by another employee, if that job existed
for at least six (6) months before hiring the new employee;
(2) an employee of the taxpayer who was previously employed
in Indiana by a related member of the taxpayer and whose
employment was shifted to the taxpayer after the taxpayer
entered into the tax credit agreement; or
(3) a child, grandchild, parent, or spouse, other than a spouse
who is legally separated from the individual, of any individual
who is an employee of the taxpayer and who has a direct or an
indirect ownership interest of at least five percent (5%) in the
profits, capital, or value of the taxpayer (an ownership interest
shall be determined in accordance with Section 1563 of the
Internal Revenue Code and regulations prescribed under that
Section).
(c) Notwithstanding subsection (b)(1), if a new employee
performs a job that was previously performed by an employee who
was:
(1) treated under the agreement as a new employee; and
(2) promoted by the taxpayer to another job;
the employee may be considered a new employee under the
agreement.
(d) Notwithstanding subsection (a), the board may credit awards
to an applicant that met the conditions of this chapter at the time of
the applicant's location or expansion decision, if:
(1) the applicant is in receipt of a letter from the department of
commerce stating an intent to enter into a credit agreement; and
(2) the letter described in subdivision (1) is issued by the
department of commerce not later than March 15, 1994.
As added by P.L.41-1994, SEC.1.
IC 6-3.1-13-7
"Pass through entity" defined
Sec. 7. As used in this chapter, "pass through entity" means a:
(1) corporation that is exempt from the adjusted gross income
tax under IC 6-3-2-2.8(2);
(2) partnership;
(3) trust;
(4) limited liability company; or
(5) limited liability partnership.
As added by P.L.41-1994, SEC.1. Amended by P.L.81-2004, SEC.13.
IC 6-3.1-13-8
"Related member" defined
Sec. 8. As used in this chapter, "related member" means a person
that, with respect to the taxpayer during all or any portion of the
taxable year, is any one (1) of the following:
(1) An individual stockholder, or a member of the stockholder's
family enumerated in Section 318 of the Internal Revenue
Code, if the stockholder and the member of the stockholder's
family own directly, indirectly, beneficially, or constructively,
in the aggregate, at least fifty percent (50%) of the value of the
taxpayer's outstanding stock.
(2) A stockholder, or a stockholder's partnership, estate, trust,
or corporation, if the stockholder and the stockholder's
partnership, estate, trust, or corporation owns directly,
indirectly, beneficially, or constructively, in the aggregate, at
least fifty percent (50%) of the value of the taxpayer's
outstanding stock.
(3) A corporation, or a party related to the corporation in a
manner that would require an attribution of stock from the
corporation to the party or from the party to the corporation
under the attribution rules of Section 318 of the Internal
Revenue Code, if the taxpayer owns directly, indirectly,
beneficially, or constructively at least fifty percent (50%) of the
value of the corporation's outstanding stock.
(4) A component member (as defined in Section 1563(b) of the
Internal Revenue Code).
(5) A person to or from whom there is attribution of stock
ownership in accordance with Section 1563(e) of the Internal
Revenue Code except, for purposes of determining whether a
person is a related member under this subdivision, twenty
percent (20%) shall be substituted for five percent (5%)
wherever five percent (5%) appears in Section 1563(e) of the
Internal Revenue Code.
As added by P.L.41-1994, SEC.1.
IC 6-3.1-13-9
"State tax liability" defined
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);
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.41-1994, SEC.1. Amended by P.L.192-2002(ss),
SEC.105.
IC 6-3.1-13-10
"Taxpayer" defined
Sec. 10. As used in this chapter, "taxpayer" means a person,
corporation, partnership, or other entity that has any state tax liability
or that submits incremental income tax withholdings under
IC 6-3-4-8.
As added by P.L.41-1994, SEC.1. Amended by P.L.113-2010,
SEC.58.
IC 6-3.1-13-11
Credit against state tax liability
Sec. 11. Subject to the conditions set forth in this chapter, a
taxpayer is entitled to a credit against any state tax liability that may
be imposed on the taxpayer for a taxable year after December 31,
1993, if the taxpayer is awarded a credit by the board under this
chapter for that taxable year.
As added by P.L.41-1994, SEC.1.
IC 6-3.1-13-12
Repealed
(Repealed by P.L.4-2005, SEC.148.)
IC 6-3.1-13-13
Foster job creation and retention; years for which credit claimed
Sec. 13. (a) The corporation may make credit awards under this
chapter to foster job creation in Indiana or, as provided in section
15.5 of this chapter, job retention in Indiana.
(b) The credit shall be claimed for the taxable years specified in
the taxpayer's tax credit agreement.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.42; P.L.4-2005, SEC.69.
IC 6-3.1-13-14
Application to enter into agreement for tax credit
Sec. 14. A person that proposes a project to create new jobs in
Indiana may apply, as provided in section 15 of this chapter, to the
corporation to enter into an agreement for a tax credit under this
chapter. A person that proposes to retain existing jobs in Indiana may
apply, as provided in section 15.5 of this chapter, to the corporation
to enter into an agreement for a tax credit under this chapter. The
director shall prescribe the form of the application.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.43; P.L.4-2005, SEC.70.
IC 6-3.1-13-15
Agreement for tax credit with respect to new job creation;
conditions
Sec. 15. This section applies to an application proposing a project
to create new jobs in Indiana. 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 of the
following conditions exist:
(1) The applicant's project will create new jobs that were not
jobs previously performed by employees of the applicant in
Indiana.
(2) The applicant's project is economically sound and will
benefit the people of Indiana by increasing opportunities for
employment in Indiana 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 creating new jobs in
Indiana.
(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 16 of this chapter.
(6) If the business is located in a community revitalization
enhancement district established under IC 36-7-13 or a certified
technology park established under IC 36-7-32, the legislative
body of the political subdivision establishing the district or park
has adopted an ordinance recommending the granting of a credit
amount that is at least equal to the credit amount provided in the
agreement.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.44; P.L.4-2005, SEC.71; P.L.197-2005, SEC.4.
IC 6-3.1-13-15.5
Agreement for tax credit with respect to job retention; conditions
Sec. 15.5. This section applies to an application proposing to
retain existing jobs in Indiana. 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 retain existing jobs performed
by the employees of the applicant in Indiana.
(2) The applicant is engaged in research and development,
manufacturing, or business services, according to the NAICS
Manual of the United States Office of Management and Budget.
(3) The average compensation (including benefits) provided to
the applicant's employees during the applicant's previous fiscal
year exceeds the greater of the following:
(A) If there is more than one (1) business in the same NAICS
industry sector as the applicant's business in the county in
which the applicant's business is located, the average
compensation paid during that same period to all employees
working in that NAICS industry sector in that county
multiplied by one hundred five percent (105%).
(B) If there is more than one (1) business in the same NAICS
industry sector as the applicant's business in Indiana, the
average compensation paid during that same period to all
employees working in that NAICS industry sector
throughout Indiana multiplied by one hundred five percent
(105%).
(C) The compensation for that same period corresponding to
the federal minimum wage multiplied by two hundred
percent (200%).
(4) For taxable years beginning before January 1, 2010, the
applicant employs at least thirty-five (35) employees in Indiana.
(5) The applicant has prepared a plan for the use of the credits
under this chapter for:
(A) investment in facility improvements or equipment and
machinery upgrades, repairs, or retrofits; or
(B) other direct business related investments, including but
not limited to training.
(6) 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 increase the likelihood of the applicant reducing
jobs in Indiana.
(7) 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.
(8) The applicant's business and project are economically sound
and will benefit the people of Indiana by increasing or
maintaining opportunities for employment and strengthening
the economy of Indiana.
(9) The communities affected by the potential reduction in jobs
or relocation of jobs to another site outside Indiana have
committed local incentives with respect to the retention of jobs
in an amount determined by the corporation. For purposes of
this subdivision, local incentives include, but are not limited to,
cash grants, tax abatements, infrastructure improvements,
investment in facility rehabilitation, construction, and training
investments.
(10) The credit is not prohibited by section 16 of this chapter.
(11) If the business is located in a community revitalization
enhancement district established under IC 36-7-13 or a certified
technology park established under IC 36-7-32, the legislative
body of the political subdivision establishing the district or park
has adopted an ordinance recommending the granting of a credit
amount that is at least equal to the credit amount provided in the
agreement.
As added by P.L.178-2002, SEC.45. Amended by P.L.4-2005,
SEC.72; P.L.197-2005, SEC.5; P.L.137-2006, SEC.4; P.L.110-2010,
SEC.15.
IC 6-3.1-13-16
Relocation of jobs from one site to another within state; credit
prohibited
Sec. 16. 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.41-1994, SEC.1. Amended by P.L.4-2005, SEC.73.
IC 6-3.1-13-17
Amount of credit awarded; factors
Sec. 17. In determining the credit amount that should be awarded
to an applicant under section 15 of this chapter that proposes a
project to create jobs in Indiana, the corporation may take into
consideration the following factors:
(1) The economy of the county where the projected investment
is to occur.
(2) The potential impact on the economy of Indiana.
(3) The incremental payroll attributable to the project.
(4) The capital investment attributable to the project.
(5) The amount the average wage paid by the applicant exceeds
the average wage paid:
(A) within the county in which the project will be located, in
the case of an application submitted before January 1, 2006;
or
(B) in the case of an application submitted after December
31, 2005:
(i) to all employees working in the same NAICS industry
sector to which the applicant's business belongs in the
county in which the applicant's business is located, if there
is more than one (1) business in that NAICS industry
sector in the county in which the applicant's business is
located;
(ii) to all employees working in the same NAICS industry
sector to which the applicant's business belongs in Indiana,
if the applicant's business is the only business in that
NAICS industry sector in the county in which the
applicant's business is located but there is more than one
(1) business in that NAICS industry sector in Indiana; or
(iii) to all employees working in the same county as the
county in which the applicant's business is located, if there
is no other business in Indiana in the same NAICS
industry sector to which the applicant's business belongs.
(6) The costs to Indiana and the affected political subdivisions
with respect to the project.
(7) The financial assistance and incentives that are otherwise
provided by Indiana and the affected political subdivisions.
(8) The extent to which the incremental income tax
withholdings attributable to the applicant's project are needed
for the purposes of an incremental tax financing fund or
industrial development fund under IC 36-7-13 or a certified
technology park fund under IC 36-7-32.
As appropriate, the corporation shall consider the factors in this
section to determine the credit amount awarded to an applicant for a
project to retain existing jobs in Indiana under section 15.5 of this
chapter.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.46; P.L.4-2005, SEC.74; P.L.197-2005, SEC.6.
IC 6-3.1-13-18
Duration of credit; maximum credit with respect to job creation;
total maximum with respect to job retention
Sec. 18. (a) The corporation shall determine the amount and
duration of a tax credit awarded under this chapter. The duration of
the credit may not exceed ten (10) taxable years. The credit may be
stated as a percentage of the incremental income tax withholdings
attributable to the applicant's project and may include a fixed dollar
limitation. In the case of a credit awarded for a project to create new
jobs in Indiana, the credit amount may not exceed the incremental
income tax withholdings. However, the credit amount claimed for a
taxable year may exceed the taxpayer's state tax liability for the
taxable year, in which case the excess may, at the discretion of the
corporation, be refunded to the taxpayer.
(b) For state fiscal year 2006 and each state fiscal year thereafter,
the aggregate amount of credits awarded under this chapter for
projects to retain existing jobs in Indiana may not exceed ten million
dollars ($10,000,000) per year.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.47; P.L.4-2005, SEC.75; P.L.197-2005, SEC.7; P.L.137-2006,
SEC.5.
IC 6-3.1-13-19
Agreement for tax credit with respect to job creation;
requirements
Sec. 19. In the case of a credit awarded for a project to create new
jobs in Indiana, the corporation shall enter into an agreement with an
applicant that is awarded a credit under this chapter. The agreement
must include all of the following:
(1) A detailed description of the project that is the subject of the
agreement.
(2) The duration of the tax credit and the first taxable year for
which the credit may be claimed.
(3) The credit amount that will be allowed for each taxable
year.
(4) A requirement that the taxpayer shall maintain operations at
the project location for at least two (2) years following the last
taxable year in which the applicant claims the tax credit or
carries over an unused part of the tax credit under section 18 of
this chapter. A taxpayer is subject to an assessment under
section 22 of this chapter for noncompliance with the
requirement described in this subdivision.
(5) A specific method for determining the number of new
employees employed during a taxable year who are performing
jobs not previously performed by an employee.
(6) A requirement that the taxpayer shall annually report to the
corporation the number of new employees who are performing
jobs not previously performed by an employee, the new income
tax revenue withheld in connection with the new employees,
and any other information the director needs to perform the
director's duties under this chapter.
(7) A requirement that the director is authorized to verify with
the appropriate state agencies the amounts reported under
subdivision (6), and after doing so shall issue a certificate to the
taxpayer stating that the amounts have been verified.
(8) A requirement that the taxpayer shall provide written
notification to the director and the corporation not more than
thirty (30) days after the taxpayer makes or receives a proposal
that would transfer the taxpayer's state tax liability obligations
to a successor taxpayer.
(9) Any other performance conditions that the corporation
determines are appropriate.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.48; P.L.4-2005, SEC.76; P.L.197-2005, SEC.8.
IC 6-3.1-13-19.5
Agreement for tax credit with respect to job retention;
requirements
Sec. 19.5. (a) In the case of a credit awarded for a project to retain
existing jobs in Indiana, the corporation shall enter into an agreement
with an applicant that is awarded a credit under this chapter. The
agreement must include all of the following:
(1) A detailed description of the business that is the subject of
the agreement.
(2) The duration of the tax credit and the first taxable year for
which the credit may be claimed.
(3) The credit amount that will be allowed for each taxable
year.
(4) A requirement that the applicant shall maintain operations
at the project location for at least two (2) years following the
last taxable year in which the applicant claims the tax credit or
carries over an unused part of the tax credit under section 18 of
this chapter. An applicant is subject to an assessment under
section 22 of this chapter for noncompliance with the
requirement described in this subdivision.
(5) A requirement that the applicant shall annually report the
following to the corporation:
(A) The number of employees who are employed in Indiana
by the applicant.
(B) The compensation (including benefits) paid to the
applicant's employees in Indiana.
(C) The amount of the:
(i) facility improvements;
(ii) equipment and machinery upgrades, repairs, or
retrofits; or
(iii) other direct business related investments, including
training.
(6) A requirement that the applicant shall provide written
notification to the director and the corporation not more than
thirty (30) days after the applicant makes or receives a proposal
that would transfer the applicant's state tax liability obligations
to a successor taxpayer.
(7) Any other performance conditions that the corporation
determines are appropriate.
(b) An agreement between an applicant and the corporation must
be submitted to the budget committee for review and must be
approved by the budget agency before an applicant is awarded a
credit under this chapter for a project to retain existing jobs in
Indiana.
As added by P.L.178-2002, SEC.49. Amended by P.L.4-2005,
SEC.77; P.L.197-2005, SEC.9.
IC 6-3.1-13-20
Claiming credit; submission of required information to department
of state revenue
Sec. 20. A taxpayer claiming a credit under this chapter must
claim the credit on the taxpayer's annual state tax return or returns in
the manner prescribed by the department of state revenue. The
taxpayer shall submit to the department of state revenue all
information that the department determines necessary for the
calculation of the credit provided by this chapter and the
determination of whether the credit was properly claimed.
As added by P.L.41-1994, SEC.1. Amended by P.L.4-2005, SEC.78.
IC 6-3.1-13-21
Pass through entity; calculation of tax credit; shareholder or
partner claiming credit; refundable credits
Sec. 21. (a) If a pass through entity does not have state income tax
liability against which the tax credit may be applied, a shareholder
or partner of the pass through entity is entitled to a tax credit equal
to:
(1) the tax credit determined for the pass through entity for the
taxable year; multiplied by
(2) the percentage of the pass through entity's distributive
income to which the shareholder or partner is entitled.
(b) The credit provided under subsection (a) is in addition to a tax
credit to which a shareholder or partner of a pass through entity is
otherwise entitled under a separate agreement under this chapter. A
pass through entity and a shareholder or partner of the pass through
entity may not claim more than one (1) credit under the same
agreement.
(c) Subsection (d) applies:
(1) only to a pass through entity that is a limited liability
company or a limited liability partnership owned wholly or in
part by an electric cooperative incorporated under IC 8-1-13;
and
(2) if, at the request of the pass through entity, the corporation
finds that the amount of the average wage to be paid by the pass
through entity will be at least double the average wage paid:
(A) in the county in which the project will be located, in the
case of an application submitted before January 1, 2006; or
(B) in the case of an application submitted after December
31, 2005:
(i) to all employees working in the same NAICS industry
sector to which the applicant's business belongs in the
county in which the applicant's business is located, if there
is more than one (1) business in that NAICS industry
sector in the county in which the applicant's business is
located;
(ii) to all employees working in the same NAICS industry
sector to which the applicant's business belongs in Indiana,
if the applicant's business is the only business in that
NAICS industry sector in the county in which the
applicant's business is located but there is more than one
(1) business in that NAICS industry sector in Indiana; or
(iii) to all employees working in the same county as the
county in which the applicant's business is located, if there
is no other business in Indiana in the same NAICS
industry sector to which the applicant's business belongs.
(d) The corporation may determine that:
(1) a credit shall be claimed by the pass through entity
described in subsection (c); and
(2) if the credit exceeds the pass through entity's state income
tax liability for the taxable year, the excess shall be refunded to
the pass through entity.
If the corporation grants a refund directly to a pass through entity
under this subsection, the pass through entity shall claim the refund
on forms prescribed by the department of state revenue.
As added by P.L.41-1994, SEC.1. Amended by P.L.81-2004, SEC.14;
P.L.4-2005, SEC.79; P.L.197-2005, SEC.10.
IC 6-3.1-13-22
Noncompliance with agreement; assessments
Sec. 22. If the department of state revenue or 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 of the provisions of this chapter, the department or the
corporation shall, after giving the taxpayer an opportunity to explain
the noncompliance, 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.41-1994, SEC.1. Amended by P.L.4-2005, SEC.80.
IC 6-3.1-13-23
Repealed
(Repealed by P.L.222-2007, SEC.2.)
IC 6-3.1-13-24
Biennial evaluation by Indiana economic development corporation
Sec. 24. On a biennial basis, the corporation shall provide for an
evaluation of the tax credit program. The evaluation shall include an
assessment of the effectiveness of the program in creating new jobs
and retaining existing jobs 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. The director shall
submit a report on the evaluation to the governor, the president pro
tempore of the senate, and the speaker of the house of representatives
after June 30 and before November 1 in each odd-numbered year.
As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002,
SEC.50; P.L.4-2005, SEC.82.
IC 6-3.1-13-25
Rules adoption; fees
Sec. 25. The corporation may adopt rules under IC 4-22-2
necessary to implement this chapter. The rules may provide for
recipients of tax credits under this chapter to be charged fees to cover
administrative costs of the tax credit program. Fees collected shall be
deposited in the economic development for a growing economy fund.
As added by P.L.41-1994, SEC.1. Amended by P.L.4-2005, SEC.83.
IC 6-3.1-13-26
Economic development for a growing economy fund; use;
investments; appropriations
Sec. 26. (a) The economic development for a growing economy
fund is established to be used exclusively for the purposes of this
chapter and IC 6-3.1-26, including paying for the costs of
administering this chapter and IC 6-3.1-26. The fund shall be
administered by the corporation.
(b) The fund consists of collected fees, appropriations from the
general assembly, and gifts and grants to the fund.
(c) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds may be invested. Interest that accrues
from these investments shall be deposited in the fund.
(d) The money in the fund at the end of a state fiscal year does not
revert to the state general fund but remains in the fund to be used
exclusively for the purposes of this chapter. Expenditures from the
fund are subject to appropriation by the general assembly and
approval by the budget agency.
As added by P.L.41-1994, SEC.1. Amended by P.L.224-2003,
SEC.193; P.L.4-2005, SEC.84.
IC 6-3.1-13-27
Repealed
(Repealed by P.L.113-2010, SEC.168.)