IN HB1037 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 5 2016 - 25% progression, died in committee
Action: 2016-01-05 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2016 - 25% progression, died in committee
Action: 2016-01-05 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax incentives and reporting. Authorizes the department of local government finance to incorporate by reference in an administrative rule certain formatting, coding, and transmission requirements for data that must be submitted by counties. Provides that a property owner is not entitled to the residential rehabilitation deduction for an increase in assessed value attributable to rehabilitation occurring after December 31, 2016. Provides that a property owner is not entitled to the rehabilitated property deduction for an increase in assessed value attributable to rehabilitation occurring after December 31, 2016. Provides that the state tax credit for contributions to the twenty-first century scholars
Title
Tax incentives and reporting. Authorizes the department of local government finance to incorporate by reference in an administrative rule certain formatting, coding, and transmission requirements for data that must be submitted by counties. Provides that a property owner is not entitled to the residential rehabilitation deduction for an increase in assessed value attributable to rehabilitation occurring after December 31, 2016. Provides that a property owner is not entitled to the rehabilitated property deduction for an increase in assessed value attributable to rehabilitation occurring after December 31, 2016. Provides that the state tax credit for contributions to the twenty-first century scholars
Sponsors
| Sen. Eric Koch [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-05 | House | First reading: referred to Committee on Ways and Means |
| 2016-01-05 | House | Authored by Representative Koch |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2016/bills/house/1037/details |
| Text | http://iga.in.gov/static-documents/3/3/2/9/3329935b/HB1037.01.INTR.pdf |
