IN HB1196 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2011 - 25% progression, died in committee
Action: 2011-01-10 - First reading: referred to Committee on Utilities and Energy
Pending: House Utilities and Energy Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 10 2011 - 25% progression, died in committee
Action: 2011-01-10 - First reading: referred to Committee on Utilities and Energy
Pending: House Utilities and Energy Committee
Text: Latest bill text (Introduced) [HTML]
Summary
For the property tax deduction for a wind power device for assessment dates after 2010, excludes a device that produces electricity that is sold in the ordinary course of a trade or business. Provides that the exclusion does not apply to a device the primary purpose of which is to produce electricity for use on or in the immediate vicinity of the parcel on which the device is located and from which the electricity produced that exceeds the amount required for that use is sold to the electrical grid.
Title
Wind power device deduction limitation.
Sponsors
| Rep. Donald Lehe [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-10 | First reading: referred to Committee on Utilities and Energy | |
| 2011-01-10 | Authored by Representative Lehe |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=HB&docno=1196 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN1196.1.html |
