"Eligible business"
Effective 1-1-2007.
Sec. 2. As used in this chapter, "eligible business" means a
business that:
(1) is engaged in either interstate or intrastate commerce;
(2) maintains a corporate headquarters at a location outside
Indiana;
(3) has not previously maintained a corporate headquarters at a
location in Indiana;
(4) had annual worldwide revenues of at least five hundred
million dollars ($500,000,000) for the taxable year immediately
preceding the business's application for a tax credit under
section 12 of this chapter; and
(5) commits contractually to relocating its corporate
headquarters to Indiana.
As added by P.L.193-2005, SEC.21.
Last modified: May 28, 2006