IN SB0250 | 2010 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Engrossed on January 26 2010 - 50% progression, died in chamber
Action: 2010-02-15 - Amendment 1 (Crawford), prevailed; Voice Vote
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on January 26 2010 - 50% progression, died in chamber
Action: 2010-02-15 - Amendment 1 (Crawford), prevailed; Voice Vote
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the definition of federal "Internal Revenue Code" used in Indiana statutes and rules to refer to the Internal Revenue Code in effect on January 1, 2010. Requires that two years be used for the net operating loss carryback period for taxpayers (instead of the five years allowed under the federal Worker, Homeownership, and Business Assistance Act of 2009). Eliminates a law that provides that property taxes levied to pay debt service or make lease payments for bonds or leases issued or entered into before July 1, 2008, are not subject to the circuit breaker credit in Lake County and St. Joseph County. Makes changes in the gross retail and use tax laws to conform to the requirements of the Streamlined Sales and Use Tax Agreement.
Title
State and local taxes.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-15 | Amendment 1 (Crawford), prevailed; Voice Vote | |
| 2010-02-15 | Amendment 2 (Candelaria Reardon), prevailed; Roll Call 165: Yeas 95, Nays 0 | |
| 2010-02-15 | Second reading: amended, ordered engrossed | |
| 2010-02-11 | Committee report: amend do pass, adopted | |
| 2010-02-02 | First reading: referred to Committee on Ways and Means | |
| 2010-01-26 | Cosponsors: Reps. Welch and Espich | |
| 2010-01-26 | House sponsor: Rep. Crawford | |
| 2010-01-26 | Referred to the House | |
| 2010-01-26 | Third reading: passed; Roll Call 43: Yeas 48 and Nays 2 | |
| 2010-01-21 | Second reading: ordered engrossed | |
| 2010-01-19 | Senator Broden added as coauthor | |
| 2010-01-19 | Senator Hershman added as second author | |
| 2010-01-19 | Committee report: do pass, adopted | |
| 2010-01-11 | First reading: referred to Committee on Tax and Fiscal Policy | |
| 2010-01-11 | Authored by Senator Kenley |
