IN SB0356 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allocation of sales taxes for Main Street program. Permits certain municipalities with: (1) a population of not more than 40,000; and (2) an area that is designated as an Indiana main street; to establish a heritage commerce district to capture sales tax within the Indiana main street area (tax area) to be used for certain capital projects and infrastructure improvements. Provides that the total sales taxes captured in a tax area in a state fiscal year may not exceed $500,000. Provides that the sales taxes captured and distributed to all municipalities in a state fiscal year in the aggregate may
Title
Allocation of sales taxes for Main Street program. Permits certain municipalities with: (1) a population of not more than 40,000; and (2) an area that is designated as an Indiana main street; to establish a heritage commerce district to capture sales tax within the Indiana main street area (tax area) to be used for certain capital projects and infrastructure improvements. Provides that the total sales taxes captured in a tax area in a state fiscal year may not exceed $500,000. Provides that the sales taxes captured and distributed to all municipalities in a state fiscal year in the aggregate may
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-01-10 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2017-01-10 | Senate | Authored by Senator Messmer |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2017/bills/senate/356/details |
Text | http://iga.in.gov/static-documents/0/a/7/5/0a75f287/SB0356.01.INTR.pdf |