Sec. 6. As used in this chapter, "qualifying individual" means an individual or a member of an individual's household who may establish an individual development account because the individual:
(1) is an Indiana resident; and
(2) either:
(A) receives or is a member of a household that receives assistance under IC 12-14-2; or
(B) is a member of a household with an annual household income that is less than two hundred percent (200%) of the federal income poverty level.
As added by P.L.15-1997, SEC.1. Amended by P.L.289-2001, SEC.5; P.L.50-2016, SEC.3.
Structure Indiana Code
Title 4. State Offices and Administration
Article 4. Lieutenant Governor
Chapter 28. Individual Development Accounts
4-4-28-2. "Community Development Corporation"
4-4-28-3. "Financial Institution"
4-4-28-5. "Individual Development Account"
4-4-28-6. "Qualifying Individual"
4-4-28-7. Establishing Account; Beneficiaries; Residency
4-4-28-8. Community Development Corporation Duties
4-4-28-10. Number of Accounts Limited
4-4-28-12. Deposits to Accounts; Matching Contributions; Use of Federal Block Grant Money
4-4-28-13. Individual Development Account Fund; Tax Credits
4-4-28-14. Interest; Taxes; Fees
4-4-28-15. Withdrawal of Money From Account; Appeal of Denial
4-4-28-16. Account Withdrawal; Purposes; Approval
4-4-28-17. Money in Account Not Considered Assets