IN HB1385 | 2015 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2015-02-05 - Representative Wesco added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2015-02-05 - Representative Wesco added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Industrial rail service fund. Increases the amount of state gross and retail and use taxes deposited into the industrial rail service fund (IRSF) from 0.029% to 0.099% of the taxes collected each year. Authorizes the Indiana department of transportation to make grants from the IRSF to reimburse a Class II or a Class III railroad for public safety expenditures. Provides that a grant from the IRSF to a Class II or a Class III railroad for the rehabilitation of railroad infrastructure or railroad construction may not exceed 20% of the gross sales and use tax receipts deposited in the IRSF
Title
Industrial rail service fund. Increases the amount of state gross and retail and use taxes deposited into the industrial rail service fund (IRSF) from 0.029% to 0.099% of the taxes collected each year. Authorizes the Indiana department of transportation to make grants from the IRSF to reimburse a Class II or a Class III railroad for public safety expenditures. Provides that a grant from the IRSF to a Class II or a Class III railroad for the rehabilitation of railroad infrastructure or railroad construction may not exceed 20% of the gross sales and use tax receipts deposited in the IRSF
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-02-05 | House | Representative Wesco added as coauthor |
2015-01-14 | House | First Reading: referred to Committee on Ways and Means |
2015-01-14 | House | Coauthored by Representative Stemler |
2015-01-14 | House | Authored by Representative Goodin |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2015/bills/house/1385/details |
Text | http://iga.in.gov/static-documents/0/7/7/7/07778978/HB1385.01.INTR.pdf |