Sec. 8. As used in this chapter, "net increment" means the sum of:
(1) the gross retail incremental amount; plus
(2) the income tax incremental amount;
as determined by the department of state revenue.
Ind. Code § 36-7-32.5-8
"Net increment"
As added by P.L.135-2022, SEC.28.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.