Indiana House Bill 1379 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on January 15 2014 - 25% progression, died in committee
Action: 2014-01-15 - Authored by Representative GiaQuinta.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Provides a credit against state sales and use tax liability for certain purchases made: (1) by or on behalf of a taxpayer that owns real property in an enterprise zone; (2) from a person whose place of business is within an enterprise zone or a city in which an enterprise zone is located; and (3) for the purpose of the redevelopment or rehabilitation of a business or residence in an enterprise zone. Provides retail merchants located in an enterprise zone with an additional allowance equal to 1% of the retail merchant's sales tax liability. Provides that an individual is entitled to an adjusted gross income tax deduction equal to the amount of qualified increased enterprise zone adjusted gross income received by the individual during the taxable year (including the individual's distributive share of a pass through entity's qualified increased enterprise zone adjusted gross income). Provides a credit against state tax liability for jobs created at locations within an enterprise zone.

Enterprise zones.

Rep. Philip GiaQuinta [D]

Rep. Thomas Dermody [R]

Rep. Sheila Klinker [D]

Rep. Randy Truitt [R]

Date	Chamber	Action
2014-01-15	House	Authored by Representative GiaQuinta.
2014-01-15	House	Coauthored by Representatives Dermody, Klinker, Truitt
2014-01-15	House	First Reading: Referred to Ways and Means

Type	Source
Summary	https://iga.in.gov/legislative/2014/bills/house/1379/details
Text	http://iga.in.gov/static-documents/8/7/0/4/8704e599/HB1379.01.INTR.pdf