§ 4-32-3-6-4

3-4-5 and an annual gambling activity license under IC 4-32.3-4-11. A qualified organization's adjusted gross revenue is an amount equal to the difference between:(1) the qualified organization's total gross revenue from allowable activities in the preceding year; minus(2) the sum of any amounts deducted under IC 4-32.3-5-3(b)(5) in the preceding year.As added by P.L.58-2019, SEC.4.