CHAPTER 14. MATERNITY HOME TAX CREDIT

IC 6-3.1-14
    Chapter 14. Maternity Home Tax Credit

IC 6-3.1-14-1
Definitions
    Sec. 1. (a) The definitions in IC 16-18-2-219, IC 16-18-2-220,IC 16-18-2-290, and IC 16-18-2-349 apply throughout this chapter.
    (b) As used in this chapter, "department" refers to the statedepartment of health.
As added by P.L.117-1990, SEC.2. Amended by P.L.2-1993, SEC.56.

IC 6-3.1-14-2
Entitlement to credit; amount
    Sec. 2. Each taxable year a person that owns and operates aregistered maternity home located in Indiana under IC 16-26-1 andprovides a temporary residence to at least one (1) pregnant womanfor at least sixty (60) consecutive days during the pregnancy isentitled to a maternity home tax credit. The amount of the credit fora taxable year equals the lesser of the following:
        (1) An amount equal to the sum of two hundred dollars ($200)for each pregnant woman who resided in the maternity homeduring the taxable year multiplied by a fraction equal to:
            (A) the number of days that each pregnant woman resided inthe maternity home during the taxable year; divided by
            (B) thirty (30);
        minus the amounts collected or owed from each pregnantwoman.
        (2) Three thousand dollars ($3,000).
As added by P.L.117-1990, SEC.2. Amended by P.L.2-1993, SEC.57.

IC 6-3.1-14-3
Utilization of tax credit
    Sec. 3. With the exception of a husband and wife, if there is morethan one (1) taxpayer that owns and operates a registered maternityhome, then each taxpayer may utilize the credit in proportion to thetaxpayer's ownership interest in the registered maternity home. In thecase of a husband and wife who own and operate a registeredmaternity home jointly and who file separate tax returns, they maytake the credit in equal shares or one (1) of them may utilize thewhole credit.
As added by P.L.117-1990, SEC.2.

IC 6-3.1-14-4
Repealed
    (Repealed by P.L.192-2002(ss), SEC.191.)

IC 6-3.1-14-5
Carryover of tax credit; no carryback or refund of unused credit
    Sec. 5. (a) If the amount determined under section 2 of thischapter for a taxpayer in a taxable year exceeds the taxpayer's state

tax liability (IC 6-3-1 through IC 6-3-7) for that taxable year, thetaxpayer may carry the excess over to the following taxable years.The amount of the credit carryover from a taxable year shall bereduced to the extent that the carryover is used by the taxpayer toobtain a credit under this chapter for any subsequent taxable year.
    (b) A taxpayer is not entitled to a carryback or refund of anunused credit.
As added by P.L.117-1990, SEC.2.

IC 6-3.1-14-6
Adoption of rules for determining eligibility and compliance
    Sec. 6. Notwithstanding IC 6-8.1-3-3, the board shall adopt rulesfor determining eligibility and compliance of maternity homeoperators that apply for maternity home tax credits.
As added by P.L.117-1990, SEC.2.

IC 6-3.1-14-7
Procedures to obtain tax credit
    Sec. 7. To obtain a maternity home tax credit provided by thischapter, a taxpayer must:
        (1) file an application with the board on a form prescribed bythe board;
        (2) claim the credit in the manner prescribed by the departmentof state revenue; and
        (3) file with the department a copy of the application completedand approved by the board stating the credit allowed.
As added by P.L.117-1990, SEC.2.

IC 6-3.1-14-8
Maximum annual tax credit
    Sec. 8. The amount of tax credits allowed under this chapter maynot exceed five hundred thousand dollars ($500,000) in a state fiscalyear.
As added by P.L.117-1990, SEC.2.