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 Territory: | Indiana |
| Effected Jurisdiction: | Indiana |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2022 |
| Program name: | Economic Development for a Growing Economy (EDGE) Credit |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Indiana Code 6-3.1-13 |
| Abating jurisdiction(s): | State of Indiana |
| Applicable taxes: | Income Tax; Financial Institutions Tax; Insurance Premium Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | The Tax Credit will be recaptured if the IEDC determines the taxpayer is noncompliant with the requirements of the Tax Credit agreement or all of the provisions of IC 6-3.1-13 |
| Gross revenue loss: | $65,935,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $65,935,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://www.in.gov/comptroller/files/Entire-Annual-Comprehensive-Financi... |
