IN SB0358 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2012 - 25% progression, died in committee
Action: 2012-01-09 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides that part of the sales tax collected on gasoline is to be allocated to counties, cities, and towns for road and street projects. Specifies that the allocation is the tax on that part of the retail price, including federal and state gasoline taxes, that exceeds $3. Provides that the money is to be distributed to counties, cities, and towns after each quarter based on their proportionate share of local road and street mileage. Specifies that amounts distributed may be used by counties, cities, and towns for the same purposes for which money from the local road and street account may be used.

Tracking Information

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Title

Local road funding and sales tax on gasoline.

Sponsors


History

DateChamberAction
2012-01-09 First reading: referred to Committee on Tax and Fiscal Policy
2012-01-09 Authored by Senator Skinner

Indiana State Sources


Bill Comments

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