Indiana Code 6-3.1-9-2. Eligible persons; proposals; approval
(1) neighborhood assistance, job training, or education for individuals not employed by the business firm or person;
Terms Used In Indiana Code 6-3.1-9-2
- authority: means the Indiana housing and community development authority established by IC 5-20-1-3. See Indiana Code 6-3.1-9-1
- business firm: means any business entity authorized to do business in the state of Indiana that has state tax liability. See Indiana Code 6-3.1-9-1
- community services: means any type of:
Indiana Code 6-3.1-9-1
- crime prevention: means any activity which aids in the reduction of crime in an economically disadvantaged area or an economically disadvantaged household. See Indiana Code 6-3.1-9-1
- economically disadvantaged area: means an enterprise zone, or any other federally or locally designated economically disadvantaged area in Indiana. See Indiana Code 6-3.1-9-1
- education: means any type of scholastic instruction or scholarship assistance to an individual who:
Indiana Code 6-3.1-9-1
- job training: means any type of instruction to an individual who:
Indiana Code 6-3.1-9-1
- neighborhood assistance: means either:
Indiana Code 6-3.1-9-1
- neighborhood organization: means any organization, including but not limited to a nonprofit development corporation doing both of the following:
Indiana Code 6-3.1-9-1
- person: means any individual subject to Indiana gross or adjusted gross income tax. See Indiana Code 6-3.1-9-1
- Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
- tax credit: means a deduction from any tax otherwise due and payable under IC 6-3 or Indiana Code 6-3.1-9-1
(3) community services, education, or job training services to individuals who are ex-offenders who have completed the individuals’ criminal sentences or are serving a term of probation or parole;
shall receive a tax credit as provided in section 3 of this chapter if the authority approves the proposal of the business firm or person, setting forth the program to be conducted, the area selected, the estimated amount to be invested in the program, and the plans for implementing the program.
(b) The authority, after consultation with the community services agency and the commissioner of revenue, may adopt rules for the approval or disapproval of these proposals.
As added by P.L.51-1984, SEC.1. Amended by P.L.4-2005, SEC.54; P.L.235-2005, SEC.96; P.L.1-2006, SEC.141; P.L.181-2006, SEC.45; P.L.1-2007, SEC.55; P.L.166-2014, SEC.12.