{"data":{"id":"us-in/ic-5-34-3-1","jurisdiction":"us-in","citation":"IC 5-34-3-1","heading":"Determination of income tax liability compared to base year","body":"Sec. 1. For each individual who receives a financial assistance award from the fund, the department shall, in each of the ten (10) taxable years following the taxable year in which the individual graduates from the qualified education program, determine the difference between the individual's base year state income tax liability and the amount of state income tax liability the individual paid in that particular taxable year.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 34. INDIANA CAREER ACCELERATOR FUND","Chapter 3. Financial Assistance"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-34-3-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"fc51178511fcdd02cf7e4fbf19877771df71eb947aab20caba0e62319cf33c13","source_id":"us-in","stale":false,"prev":"us-in/ic-5-34-2-5","next":"us-in/ic-5-34-3-2"},"notice":"GroundRules: Original legal text. Not legal advice."}