Revenues Reserved for Income Tax Refunds,

Earned Income Tax Credits and Child Tax Credits. In accordance with the formula provided for in § 50103 of this Chapter, the Director of Administration shall, as a ministerial duty, set aside all money reserved for income tax refunds, and shall set aside earned income tax credits and child tax credits from income tax receipts. SOURCE: Added by P.L. 22-140:IV:2(b) (Sept. 29, 1994), eff. Oct. 1, 1994. Amended by P.L. 25:043:2 (June 8, 1999), P.L. 26-074:3 (Mar. 7, 2002), and P.L. 34-116:21 (Aug. 24, 2018). NOTE: P.L. 26-074 adopted this section as “(a)”. Since there is no subsection (b), the Compiler has omitted reference to this being “(a)”.