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323 chapters · 4,465 sections in this title.
Ind. Code § 6-3.1-35.8-1 Definitions
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Sec. 1. (a) As used in this chapter, "foster care" means living in a place licensed under IC 31-27. (b) As used in this chapter, "person" means an individual, a corporation, a limited liability company, a partnership, or another legal entity. (c) As used in this chapter, "qualify…
Ind. Code § 6-3.1-35.8-2 Eligible persons
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Sec. 2. A person who makes a qualifying contribution or makes a monetary contribution to a qualifying foster care organization shall receive a tax credit as provided in section 3 of this chapter. As added by P.L.165-2021, SEC.91. Amended by P.L.97-2023, SEC.2.
Ind. Code § 6-3.1-35.8-3 Amount of credit; pass through entities
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Sec. 3. (a) Subject to the limitations provided in subsection (b) and sections 5 and 6 of this chapter, the department shall grant a tax credit against any state tax liability due equal to fifty percent (50%) of a qualifying contribution or of the amount of the monetary contribut…
Ind. Code § 6-3.1-35.8-4 Application process; proof of payment; approval of a qualified foster care organization
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Sec. 4. (a) Any business firm or person that desires to claim a tax credit as provided in this chapter shall file with the department, in the form that the department may prescribe, an application stating the amount of the contribution or investment that it made that would qualif…