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Indiana General Assembly
House Bill 1195


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House Bill 1195

ARCHIVE (2007)

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DIGEST OF HB1195 (Updated February 7, 2007 3:58 pm - DI 84)

Community investment tax credits. Establishes a community investment tax credit against state tax liability for investments that: (1) qualify for a federal new market tax credit; and (2) are made in a community development entity that agrees to reinvest 80% of its total assets in low income community businesses in Indiana.
Current Status:
 In Committee - 2nd House
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