2018 Indiana Code
TITLE 6. Taxation
ARTICLE 3.1. STATE TAX LIABILITY CREDITS
CHAPTER 14. Maternity Home Tax Credit
6-3.1-14-2. Entitlement to credit; amount
Sec. 2. Each taxable year a person that owns and operates a registered maternity home located in Indiana under IC 16-26-1 and provides a temporary residence to at least one (1) pregnant woman for at least sixty (60) consecutive days during the pregnancy is entitled to a maternity home tax credit. The amount of the credit for a taxable year equals the lesser of the following:
(1) An amount equal to the sum of two hundred dollars ($200) for each pregnant woman who resided in the maternity home during the taxable year multiplied by a fraction equal to:
(A) the number of days that each pregnant woman resided in the maternity home during the taxable year; divided by
(B) thirty (30);
minus the amounts collected or owed from each pregnant woman.
(2) Three thousand dollars ($3,000).
As added by P.L.117-1990, SEC.2. Amended by P.L.2-1993, SEC.57.
