Prize money accruing before July 1, 2002; exemption
Sec. 14.1. Notwithstanding section 14.5 of this chapter and
IC 6-3-4-8.2, a payment made after June 30, 2002, on prize money
received from a winning lottery ticket purchased under IC 4-30 for
a lottery held before July 1, 2002, is exempt from the adjusted gross
income tax and supplemental net income tax (repealed) imposed by
this article.
As added by P.L.269-2003, SEC.5.
Last modified: May 28, 2006