IN HB1225 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-14 - First Reading: Referred to Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-14 - First Reading: Referred to Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides that an individual who has a principal place of employment or business in a county other than the individual's county of residence shall pay a county adjusted gross income tax, county option income tax, or county economic development income tax imposed by the county where the individual maintains the principal place of employment or business at a rate that is one-fourth of the sum of certain tax rates imposed on residents of the county under those taxes. Excludes certain county adjusted gross income tax rates and county economic development income tax rates for capital improvements from the calculation of the tax rate imposed on the nonresident individual. Provides a credit against any tax imposed by the individual's county of residence equal to the amount of the tax paid to the county where the individual has the individual's principal place of employment or business.
Title
Local option income taxes.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-01-14 | House | First Reading: Referred to Ways and Means |
2014-01-13 | House | Authored by Representative Karickhoff. |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2014/bills/house/1225/details |
Text | http://iga.in.gov/static-documents/a/0/2/5/a0259fbc/HB1225.01.INTR.pdf |