Sec. 6. For purposes of IC 5-28-17, “small business” means a business entity that satisfies the following requirements:

(1) On at least fifty percent (50%) of the working days of the business entity occurring during the preceding calendar year, the business entity employed not more than one hundred fifty (150) employees.

Terms Used In Indiana Code 5-28-2-6

(2) The majority of the employees of the business entity work in Indiana.

As added by P.L.56-2009, SEC.1.