SOURCE: Page 19, line 34; (09)MO028514.19. -->
Page 19, between lines 34 and 35, begin a new paragraph and insert:
SOURCE: IC 6-3.1-31.2-6; (09)MO028514.10. -->
"SECTION 10. IC 6-3.1-31.2-6, AS ADDED BY P.L.218-2007,
SECTION 6, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JANUARY 1, 2009 (RETROACTIVE)]: Sec. 6.
(a) This subsection
applies to a taxable year beginning before January 1, 2009. A
taxpayer is entitled to a credit against the taxpayer's state tax liability
for a taxable year in an amount equal to fifty percent (50%) of the costs
incurred by the taxpayer during the taxable year for providing a
qualified wellness program for the taxpayer's employees during the
taxable year.
(b) This subsection applies to a taxable year beginning after
December 31, 2008. A taxpayer who provides a qualified wellness
program for the taxpayer's employees during the taxable year is
entitled to a credit against the taxpayer's state tax liability for the
taxable year in an amount equal to the lesser of:
(1) fifty percent (50%) of the costs incurred by the taxpayer
during the taxable year for providing the qualified wellness
program; or
(2) fifty dollars ($50) multiplied by the number of employees
employed by the employer on December 31 of the taxable
year.".
Renumber all SECTIONS consecutively.
(Reference is to ESB 285 as printed April 10, 2009.)
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MO028514/DI 44 2009