IN HB1268 | 2022 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 10 2022 - 25% progression, died in committee
Action: 2022-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Taxation of self-service storage facilities. Provides that the true tax value of a self-service storage facility for property tax purposes shall be determined by the cost approach less normal depreciation and normal obsolescence under the rules and guidelines of the department of local government finance. Specifies other conditions applicable to the valuation of self-service storage facilities for property tax purposes. Defines "self-service storage facility".

Tracking Information

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Title

Taxation of self-service storage facilities.

Sponsors


History

DateChamberAction
2022-01-10HouseFirst reading: referred to Committee on Ways and Means
2022-01-10HouseCoauthored by Representative Speedy
2022-01-10HouseAuthored by Representative Lehman

Indiana State Sources


Bill Comments

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