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Introduced House Bill (H)

DIGEST

EDGE tax credits. Provides that the credit amount for the economic development for a growing economy tax credit may not exceed an amount equal to the total amount of incremental income tax withholdings attributable to employees and the amount of incremental income tax withholdings that would be collected from employees who reside in a different state, if that state has an income tax reciprocal provision under IC 6-3-5-1. EDGE tax credits. Provides that the credit amount for the economic development for a growing economy tax credit may not exceed an amount equal to the total amount of incremental income tax withholdings attributable to employees and the amount of incremental income tax withholdings that would be collected from employees who reside in a different state, if that state has an income tax reciprocal provision under IC 6-3-5-1.