# Ind. Code § 6-3.1-13-18: Duration of credit; maximum credit with respect to job creation; prohibit computation of credit

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-18

## Section

- **Citation:** Ind. Code § 6-3.1-13-18
- **Heading:** Duration of credit; maximum credit with respect to job creation; prohibit computation of credit
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 6 / Article 3.1 / Chapter 13 / Section 6-3.1-13-18

## Text

Sec. 18. (a) The corporation shall determine the amount and duration of a tax credit awarded under this chapter. The duration of the credit may not exceed twenty (20) taxable years. The credit may be stated as a percentage of the incremental income tax withholdings attributable to the applicant's project and may include a fixed dollar limitation. In the case of a credit awarded for a project to create new jobs in Indiana, the credit amount may not exceed the incremental income tax withholdings. However, the credit amount claimed for a taxable year may exceed the taxpayer's state tax liability for the taxable year, in which case the excess may, at the discretion of the corporation, be refunded to the taxpayer.

(b) This subsection does not apply to a business that was enrolled and participated in the E-Verify program (as defined in IC 22-5-1.7-3) during the time the taxpayer conducted business in Indiana in the taxable year. A credit under this chapter may not be computed on any amount withheld from an individual or paid to an individual for services provided in Indiana as an employee, if the individual was, during the period of service, prohibited from being hired as an employee under 8 U.S.C. 1324a.

As added by P.L.41-1994, SEC.1. Amended by P.L.178-2002, SEC.47; P.L.4-2005, SEC.75; P.L.197-2005, SEC.7; P.L.137-2006, SEC.5; P.L.171-2011, SEC.6; P.L.213-2015, SEC.84; P.L.86-2018, SEC.73; P.L.135-2022, SEC.8.

## Nearby sections

- [Ind. Code § 6-3.1-13-0.4 Legalization of actions taken by Indiana economic development corporation in administration of chapter after February 8, 2005, and before May 11, 2005](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-0.4.md)
- [Ind. Code § 6-3.1-13-1 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-1.md)
- [Ind. Code § 6-3.1-13-1.5 "Corporation"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-1.5.md)
- [Ind. Code § 6-3.1-13-2 "Credit amount"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-2.md)
- [Ind. Code § 6-3.1-13-3 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-3.md)
- [Ind. Code § 6-3.1-13-4 "Full-time employee"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-4.md)
- [Ind. Code § 6-3.1-13-5 "Incremental income tax withholdings"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-5.md)
- [Ind. Code § 6-3.1-13-5.3 "NAICS"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-5.3.md)
- [Ind. Code § 6-3.1-13-5.5 "NAICS industry sector"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-5.5.md)
- [Ind. Code § 6-3.1-13-6 "New employee"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-6.md)
- [Ind. Code § 6-3.1-13-7 "Pass through entity"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-7.md)
- [Ind. Code § 6-3.1-13-8 "Related member"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-8.md)
- [Ind. Code § 6-3.1-13-9 "State tax liability"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-9.md)
- [Ind. Code § 6-3.1-13-10 "Taxpayer"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-10.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T6_A3.1_C13_S6-3.1-13-18. Check the current official text before relying on it. Not legal advice.