IN HB1054 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - 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 4 2017 - 25% progression, died in committee
Action: 2017-01-04 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Taxation of natural gas. Provides a sales and use tax exemption for natural gas used to operate compressors to produce a compressed natural gas product. Provides that the income tax credit for the purchase of natural gas powered vehicles is extended until the credits claimed reach the amount of the sales tax revenue that was collected on transactions during 2014 through 2016 involving natural gas used to fuel a motor vehicle that provides public transportation for persons or property.
Title
Taxation of natural gas. Provides a sales and use tax exemption for natural gas used to operate compressors to produce a compressed natural gas product. Provides that the income tax credit for the purchase of natural gas powered vehicles is extended until the credits claimed reach the amount of the sales tax revenue that was collected on transactions during 2014 through 2016 involving natural gas used to fuel a motor vehicle that provides public transportation for persons or property.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-04 | House | First reading: referred to Committee on Ways and Means |
| 2017-01-04 | House | Authored by Representative Frye R |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2017/bills/house/1054/details |
| Text | http://iga.in.gov/static-documents/e/c/d/0/ecd096cd/HB1054.01.INTR.pdf |
