Sec. 15. (a) Before January 1, 2022, the total amount of credits that may be awarded by the Indiana economic development corporation under this chapter for investment plans certified as provided in section 12.5 of this chapter that propose investing qualified investment capital in a particular qualified Indiana business during a particular calendar year is twelve million five hundred thousand dollars ($12,500,000). (b) After December 31, 2021, the total amount of credits that may be awarded by the Indiana economic development corporation under this chapter for investment plans certified as provided in section 12.5 of this chapter that propose investing qualified investment capital in a particular qualified Indiana business or qualified Indiana investment fund during a particular calendar year is twenty million dollars ($20,000,000), provided that not more than seven million five hundred thousand dollars ($7,500,000) may be awarded for proposed investments of qualified investment capital in a qualified Indiana investment fund. IC 6-3.1-25.2 Chapter 25.2. Repealed IC 6-3.1-26 Chapter 26. Hoosier Business Investment Tax Credit 6-3.1-26-0.3 Legalization of actions taken by Indiana economic development corporation in administration of chapter after February 8, 2005, and before May 11, 2005 6-3.1-26-1 Repealed 6-3.1-26-2 Repealed 6-3.1-26-2.5 "Corporation" 6-3.1-26-3 Repealed 6-3.1-26-3.1 "Digital manufacturing equipment" 6-3.1-26-4 Repealed 6-3.1-26-5 "Highly compensated employee" 6-3.1-26-5.5 "Motion picture or audio production" 6-3.1-26-6 "New employee" 6-3.1-26-7 "Pass through entity" 6-3.1-26-8 "Qualified investment" 6-3.1-26-8.5 "Logistics investment" 6-3.1-26-9 "State tax liability" 6-3.1-26-10 Repealed 6-3.1-26-11 "Taxpayer" 6-3.1-26-12 Purpose of credit 6-3.1-26-13 Entitlement to credit 6-3.1-26-14 Amount of credit 6-3.1-26-15 Carry forward of credit; acceleration of certain credits 6-3.1-26-16 Shareholder or partner entitled to credit; acceleration of certain credits 6-3.1-26-17 Application 6-3.1-26-18 Agreement for credit; conditions 6-3.1-26-19 Credit disallowed for relocated jobs 6-3.1-26-20 Certification of qualified investments 6-3.1-26-21 Agreement for credit; contents 6-3.1-26-22 Certificate of verification 6-3.1-26-23 Noncompliance with agreement; assessments 6-3.1-26-24 Repealed 6-3.1-26-25 Biennial evaluation; reporting requirements 6-3.1-26-26 Repealed 6-3.1-26-27 Credit subject to annual aggregate credit limit
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