Indiana Senate Bill 244 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2018 - 25% progression, died in committee
Action: 2018-01-10 - First reading: referred to Committee on Rules and Legislative Procedure
Pending: Senate Rules and Legislative Procedure Committee
Text: Latest bill text (Introduced) [PDF]

Excise tax on heavy equipment. Excludes motorized heavy equipment vehicles from the assessment of the personal property tax. Imposes an excise tax on the rental of motorized heavy equipment vehicles (excise tax). Provides procedures for the sourcing, collection, and distribution of the excise tax. Provides that the excise tax is apportioned and distributed to local governmental units (units) in the same manner that property taxes are apportioned and distributed. Requires the units to deposit the excise taxes in the units' levy excess fund.

Excise tax on heavy equipment. Excludes motorized heavy equipment vehicles from the assessment of the personal property tax. Imposes an excise tax on the rental of motorized heavy equipment vehicles (excise tax). Provides procedures for the sourcing, collection, and distribution of the excise tax. Provides that the excise tax is apportioned and distributed to local governmental units (units) in the same manner that property taxes are apportioned and distributed. Requires the units to deposit the excise taxes in the units' levy excess fund.

Sen. Travis Holdman [R]

Date	Chamber	Action
2018-01-10	Senate	First reading: referred to Committee on Rules and Legislative Procedure
2018-01-10	Senate	Authored by Senator Holdman

Type	Source
Summary	https://iga.in.gov/legislative/2018/bills/senate/244/details
Text	http://iga.in.gov/static-documents/0/b/9/e/0b9e5222/SB0244.01.INTR.pdf