As used in this chapter, "state tax liability" means a qualified taxpayer's total tax liability that is incurred under:

1. (1) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax);
2. (2) IC 6-5.5 (the financial institutions tax); and

3. (3) IC 27-1-18-2 (the insurance premiums tax) or IC 6-8-15 (the nonprofit agricultural organization health coverage tax);

   as computed after the application of the credits that, under IC 6-3.1-1-2 , are to be applied before the credit provided by this chapter.

As added by P.L.203-2023, SEC.2.