IN HB1153 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 7 2016 - 25% progression, died in committee
Action: 2016-01-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Sales and use tax exemption. Provides for a sales and use tax exemption that applies to construction materials used in the construction and final build-out of a building that will be located on a former military base in Indiana. Establishes a process for a redevelopment commission or military base reuse authority to apply to the Indiana economic development corporation (IEDC) for approval of the building to be constructed and the granting of the exemption. Provides that the application must be received by the IEDC before July 1, 2026, to be considered. Establishes standards for a building to qualify. Provides that

Tracking Information

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Title

Sales and use tax exemption. Provides for a sales and use tax exemption that applies to construction materials used in the construction and final build-out of a building that will be located on a former military base in Indiana. Establishes a process for a redevelopment commission or military base reuse authority to apply to the Indiana economic development corporation (IEDC) for approval of the building to be constructed and the granting of the exemption. Provides that the application must be received by the IEDC before July 1, 2026, to be considered. Establishes standards for a building to qualify. Provides that

Sponsors


History

DateChamberAction
2016-01-07HouseFirst reading: referred to Committee on Ways and Means
2016-01-07HouseCoauthored by Representative Morrison
2016-01-07HouseAuthored by Representative Friend

Indiana State Sources


Bill Comments

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