Note: This version of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027.

1. (1) attributed to that county for a taxable year ending in a calendar year preceding the calendar year in which the determination is made; and

2. (2) reported on an annual return or amended return filed by or for a county taxpayer and processed by the department in the state fiscal year ending before July 1, or for a federal income tax deadline set after July 1, a date set by the department for a period of not more than sixty (60) days beyond the federal deadline, of the calendar year in which the determination is made;

   without adjustment based on the enactment of a tax rate change under IC 6-3.6-6-2 or IC 6-3.6-6-22 in the first preceding calendar year it becomes effective.

Sec. 4. Revenue derived from the imposition of the tax shall, in the manner prescribed by this chapter, be distributed to the county that imposed it. The amount that is to be distributed to a county during an ensuing calendar year equals the amount of tax revenue that the budget agency determines has been:

As added by P.L.243-2015, SEC.10. Amended by P.L.165-2021, SEC.94; P.L.137-2022, SEC.54; P.L.68-2025, SEC.156.