Ind. Code § 4-10-21-4

Current through P.L. 171-2024

Section 4-10-21-4 - Determination of Indiana nonfarm personal income

For purposes of section 3 of this chapter, Indiana nonfarm personal income is the estimate of total nonfarm personal income for Indiana in a calendar year as computed by the federal Bureau of Economic Analysis before December 31 immediately preceding the beginning of the first state fiscal year in a biennial budget period, using any:

(1) actual data available for the calendar year; and

(2) estimated data for the calendar year whenever actual data is not available.

IC 4-10-21-4

As added by P.L. 192-2002 (ss), SEC.4.