IN HB1056 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 5 2011 - 25% progression, died in committee
Action: 2011-01-05 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 5 2011 - 25% progression, died in committee
Action: 2011-01-05 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Authorizes a taxing unit to impose variable local option income taxes to replace revenue lost to the local unit as a result of: (1) the application of the circuit breaker credit; or (2) the elimination of property taxes on real property wholly owned by individuals residing in the local unit where the individuals pay a variable local option income tax. Repeals the distressed unit appeal board statute.
Title
Variable local option income taxes.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-05 | First reading: referred to Committee on Ways and Means | |
| 2011-01-05 | Authored by Representative Thompson |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=HB&docno=1056 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN1056.1.html |
