« Return to search form

Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

State or TerritoryIndiana
Effected JurisdictionIndiana
Jurisdiction type: State or Territory
Fiscal year ending In2020
Program nameNeighborhood Assistance Program Credit
Program purpose: Community development
Statutory authority: Indiana Code 6-3.1-9
Abating jurisdiction(s): State of Indiana
Applicable taxesIncome Tax; Financial Institutions Tax
Method of abatement: Tax Credit
Provisions for recapture: (not specified)
Gross revenue loss: $1,619,000
Reimbursement / offset: $0
Net revenue loss: $1,619,000
Type of loss: Active
Additional notes on dislosureCorporate Income Tax abatements are non-disclosable per Indiana Code 6-8.1-7-2
Document sourcehttps://www.in.gov/auditor/annual-comprehensive-financial-report/