Sec. 8. As used in this chapter, “net increment” means the sum of:

(1) the gross retail incremental amount; plus

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Terms Used In Indiana Code 36-7-32.5-8

  • gross retail incremental amount: means the remainder of:

    Indiana Code 36-7-32.5-5

  • income tax incremental amount: means the remainder of:

    Indiana Code 36-7-32.5-7

(2) the income tax incremental amount;

as determined by the department of state revenue.

As added by P.L.135-2022, SEC.28.