As used in this chapter, "income tax incremental amount" means the remainder of:

1. (1) the aggregate amount of state adjusted gross income taxes paid or remitted during a calendar year with respect to income earned or attributable to the taxpayer's activities in the district; minus
2. (2) the income tax base period amount.

As added by P.L.233-2013, SEC.4. Amended by P.L.190-2014, SEC.4.