Title 6, TAXATION

Sec. 2. The definitions in IC 6-9-12-1 apply throughout this chapter. As added by P.L.96-2008, SEC.3.

Sec. 3. (a) The fiscal body of the county may adopt an ordinance to impose an excise tax, known as the county food and beverage tax, on transactions described in section 4 of this chapter. (b) If the fiscal body adopts an ordinance under subsection (a), the fiscal body shall imme…

Sec. 4. (a) Except as provided in subsection (c), a tax imposed under section 3 of this chapter applies to a transaction in which food or beverage is furnished, prepared, or served: (1) for consumption at a location or on equipment provided by a retail merchant; (2) in the county…

Sec. 5. The county food and beverage tax imposed on a food or beverage transaction described in section 4 of this chapter equals one percent (1%) of the gross retail income received by the merchant from the transaction. For purposes of this chapter, the gross retail income receiv…

Sec. 6. A tax imposed under this chapter shall be imposed, paid, and collected in the same manner that the state gross retail tax is imposed, paid, and collected under IC 6-2.5. However, the return to be filed with the payment of the tax imposed under this chapter may be made on …

Sec. 7. The amounts received from the tax imposed under this chapter shall be paid monthly by the treasurer of state to the county fiscal officer upon warrants issued by the state comptroller. The county auditor shall, at least monthly, make a distribution of fifty percent (50%) …

Sec. 8. (a) If a tax is imposed under section 3 of this chapter by a county described in section 1 of this chapter, the fiscal officer of a political subdivision receiving a distribution under this chapter shall establish a food and beverage tax receipts fund. (b) The fiscal offi…

Sec. 9. (a) Except as provided in subsection (b), money in the fund established under section 8 of this chapter shall be used by a political subdivision receiving a distribution under this chapter only for the following purposes: (1) Construction, extension, or completion of sewe…

Sec. 1. As used in this chapter, "commission" refers to the ports of Indiana established by IC 8-10-1-3. As added by P.L.62-1988, SEC.1. Amended by P.L.98-2008, SEC.6.

Sec. 1.5. As used in this chapter, "affiliate" means an entity that effectively controls or is controlled by an applicant for a deduction under this chapter or is associated with an applicant for a deduction under this chapter under common ownership or control, whether by shareho…

Sec. 10. (a) The deduction under this section applies only to new manufacturing equipment installed before July 1, 2018. (b) Subject to subsection (e), an owner of new manufacturing equipment whose statement of benefits is approved is entitled to a deduction from the assessed val…

Sec. 11. (a) A person that desires to obtain the deduction provided by section 10 of this chapter must file a certified deduction application, on forms prescribed by the department of local government finance, with: (1) the auditor of the county in which the new manufacturing equ…

Sec. 12. In addition to the requirements of section 11(b) of this chapter, an application for a deduction filed under section 11 of this chapter must contain any additional information required to show compliance with the statement of benefits approved under section 9 of this cha…

Sec. 13. Instead of the additional information required by section 12 of this chapter to show compliance with a statement of benefits approved under section 9 of this chapter, the property owner may substitute a benefit performance waiver certificate issued by the commission. The…

Sec. 14. If: (1) as the result of an error the county auditor applies a deduction under this chapter for a particular assessment date in an amount that is less than the amount to which the taxpayer is entitled under this chapter; and (2) the taxpayer is entitled to a correction o…

Sec. 15. This chapter expires January 1, 2032. As added by P.L.212-2018(ss), SEC.17.

Sec. 2. As used in this chapter, "district" means a geographic territory designated as a maritime opportunity district by the ports of Indiana under section 7 of this chapter. As added by P.L.62-1988, SEC.1. Amended by P.L.98-2008, SEC.7.

Sec. 4. As used in this chapter, "new manufacturing equipment" means any tangible personal property that an applicant for the deduction under section 11 of this chapter: (1) installs in a district before July 1, 2018; (2) uses in the direct production, manufacture, fabrication, a…

Sec. 5. As used in this chapter, "redevelopment" means the construction of new structures, in a district, either: (1) on unimproved real estate; or (2) on real estate upon which a prior existing structure is demolished to allow for a new construction. As added by P.L.62-1988, SEC…

Sec. 6. As used in this chapter, "rehabilitation" means the remodeling, repair, or improvement of property in any manner or any enlargement or extension of property. As added by P.L.62-1988, SEC.1.

Sec. 7. (a) The commission may find that a geographic territory is a maritime opportunity district if the commission determines that: (1) the territory is located adjacent to a state owned port on state owned land; (2) there will be redevelopment or rehabilitation of property wit…

Sec. 8. (a) If the commission finds that a territory is a district, it shall either: (1) prepare maps and plats that identify the district; or (2) prepare a simplified description of the boundaries of the district by describing its location in relation to public ways, streams, or…

Sec. 9. (a) Before a person acquires new manufacturing equipment for which the person wishes to claim a deduction under this chapter, the person must submit to the commission a statement of benefits, in a form prescribed by the department of local government finance. The statemen…

Sec. 1. This chapter applies to taxable years beginning after December 31, 2023. As added by P.L.203-2023, SEC.3.

Sec. 10. (a) If the department determines within five (5) years of a taxpayer's receipt of a tax credit under this chapter that the taxpayer: (1) has sold, transferred, granted, or otherwise relinquished the taxpayer's ownership interest in an entity described in section 5(2) of …

Sec. 11. (a) Subject to subsection (b), the total amount of tax credits awarded under this chapter may not exceed ten million dollars ($10,000,000) in the state fiscal year beginning July 1, 2025, and ending June 30, 2026, and in each state fiscal year thereafter. (b) For a taxab…

Sec. 12. The department, on a website used by the department to provide information to the public, shall provide the following information: (1) The application for the credit provided in this chapter. (2) A timeline for receiving the credit provided in this chapter. (3) The total…

Sec. 2. As used in this chapter, "physician" means an individual who is licensed to practice medicine in Indiana under IC 25-22.5. As added by P.L.203-2023, SEC.3.

Sec. 4. As used in this chapter, "state income tax liability" means the taxpayer's total tax liability that is incurred under IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax), as computed after the application of the credits that, under IC 6-3.1-1-2, are to be applied be…

Sec. 5. As used in this chapter, "taxpayer" means an individual who: (1) is a physician engaged in the practice of medicine; (2) has an ownership interest in a corporation, limited liability company, partnership, or other legal entity organized to provide health care services as …

Sec. 6. If a taxpayer: (1) has an ownership interest in a physician owned medical practice described in section 5(2) of this chapter that: (A) is established as a legal entity under Indiana law after December 31, 2023; (B) opens and begins to provide health care services to patie…

Sec. 7. A taxpayer may claim a tax credit under this chapter for a taxable year described in section 6 of this chapter and the two (2) immediately following taxable years. As added by P.L.203-2023, SEC.3. Amended by P.L.230-2025, SEC.75.

Sec. 8. (a) If the amount of the credit allowed under section 6 of this chapter for a taxpayer in a taxable year exceeds the taxpayer's state income tax liability for that taxable year, the taxpayer may carry the excess credit over for a period not to exceed the taxpayer's follow…

Sec. 9.5. (a) To receive a credit under this chapter: (1) the physician owned medical practice must apply for the department's approval of the tax credit for its owners for a calendar year in the manner prescribed by the department after June 30 of that calendar year, but not lat…