{"data":{"id":"us-in/ic-6-3.1-30.5-13","jurisdiction":"us-in","citation":"IC 6-3.1-30.5-13","heading":"Maximum amount of credit","body":"Sec. 13. (a) The total amount of tax credits awarded under this chapter may not exceed nine million five hundred thousand dollars ($9,500,000) in the state fiscal year beginning July 1, 2016, and ending June 30, 2017.\n(b) The total amount of tax credits awarded under this chapter in a state fiscal year may not exceed the following:\n(1) Twelve million five hundred thousand dollars ($12,500,000) for the state fiscal year beginning July 1, 2017, and ending June 30, 2018.\n(2) Fourteen million dollars ($14,000,000) for the state fiscal year beginning July 1, 2018, and ending June 30, 2019.\n(3) Fifteen million dollars ($15,000,000) for the state fiscal year beginning July 1, 2019, and ending June 30, 2020.\n(4) Sixteen million five hundred thousand dollars ($16,500,000) for the state fiscal year beginning July 1, 2020, and ending June 30, 2021.\n(5) Seventeen million five hundred thousand dollars ($17,500,000) for the state fiscal year beginning July 1, 2021, and ending June 30, 2022.\n(6) Eighteen million five hundred thousand dollars ($18,500,000) for the state fiscal year beginning July 1, 2022, and ending June 30, 2023, and for each state fiscal year thereafter.","path":["TITLE 6. TAXATION","ARTICLE 3.1. STATE TAX LIABILITY CREDITS","Chapter 30.5. School Scholarship Tax Credit"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.1-30.5-13","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"e6748d7ffc90897ed10f142b0c6daaf3ab8a64223c03aacd4c52862d61348863","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-30.5-12","next":"us-in/ic-6-3.1-30.5-14"},"notice":"GroundRules: Original legal text. Not legal advice."}