IN SB0589 | 2011 | Regular Session

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Enrolled on April 21 2011 - 75% progression, died in chamber
Action: 2011-04-25 - House advisors appointed: Espich, Cherry, Baird, Pelath, Goodin and Tyler
Text: Latest bill text (Engrossed) [HTML]

Summary

Makes the following changes to economic development programs and tax provisions: (1) Makes the economic development study committee a four year committee that expires December 31, 2014, and provides for certain studies. (2) Requires the Indiana economic development corporation (IEDC) to collaborate with local economic development organizations and submit an annual report to the study committee regarding collaboration. (3) Requires the state board of education, the commission for higher education, and the department of workforce development to work together to develop entrepreneurship education programs for elementary and secondary education, higher education, and individuals in the work force. (4) Requires the IEDC to conduct a statewide study to determine specific economic sectors that should be emphasized by the state and by local economic development organizations within geographic regions in Indiana. (5) Provides that a claim for a sales tax refund must be filed within 18 months if the claim is based on the predominant use of electrical energy, natural or artificial gas, water, steam, and steam heat by certain businesses or based on the sales tax exemption for these services or commodities. (6) Decreases the corporate income tax rate from 8.5% to 6.5% over four years. (7) Provides that the adjusted gross income tax and financial institutions tax (for credit unions and investment companies) apply to interest on state and local bonds that are issued by a state other than Indiana or issued by a political subdivision of such a state. (8) Revises the attribution rules applicable to business income and sales receipts from certain intangibles under the adjusted gross income tax. (9) Eliminates the carry back of net operating losses under the adjusted gross income tax. (10) Extends the time in which a person must file an amended Indiana adjusted gross income tax return to reflect modifications made in a federal income tax return. (11) Prohibits the department of state revenue from taking an action to collect a protested listed tax until the later of the time to file a tax appeal has expired or a final decision is made in a tax appeal. (12) Requires higher education institutions to expand technology and innovation commercialization programs. (13) Provides that in the case of a county that becomes a member of a regional development authority (other than the northwest Indiana regional development authority) after June 30, 2011, and before July 1, 2013, the county may impose an additional county economic development income tax at a rate of 0.025% (rather than 0.05%, under current law). (14) Removes outdated individual income tax adjustments. (15) Requires a study of ways to reduce fraud and abuse of the Indiana earned income tax credit and all aspects of phasing out the state inheritance tax. (16) Allows counties that are more than two years behind on issuing tax bills to petition the department of local government finance to postpone the deadline for paying the first installment on a 2011 provisional property tax statement. (17) Provides that the tobacco products tax on moist snuff is based on the weight of the moist snuff and calculated at the rate of $0.38 per ounce. (18) Extends the time in which the city of Marion or a second class may establish a professional sports development area. (19) Permits a person who received an overpayment of unemployment compensation to repay the excess over 36 months. (20) Eliminates provisions requiring certain projects in a community revitalization enhancement district be approved by an advisory commission.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Economic development and state tax matters.

Sponsors


Roll Calls

2011-04-21 - House - House - Third reading: passed (Y: 62 N: 34 NV: 0 Abs: 4) [PASS]
2011-04-20 - House - House - Amendment 20 (Tyler), prevailed (Y: 93 N: 0 NV: 4 Abs: 3) [PASS]
2011-04-20 - House - House - Amendment 2 (Goodin), prevailed (Y: 89 N: 0 NV: 8 Abs: 3) [PASS]
2011-04-20 - House - House - Amendment 18 (Crawford), failed (Y: 39 N: 57 NV: 1 Abs: 3) [FAIL]
2011-04-20 - House - House - Amendment 11 (Welch), failed (Y: 41 N: 51 NV: 4 Abs: 4) [FAIL]
2011-04-20 - House - House - Amendment 14 (Turner), prevailed (Y: 62 N: 30 NV: 3 Abs: 5) [PASS]
2011-02-22 - Senate - Senate - Third reading: passed (Y: 39 N: 10 NV: 0 Abs: 0) [PASS]
House - House - Roll Call 630 (Y: 57 N: 37 NV: 2 Abs: 4) [PASS]
House - House - Roll Call 610 (Y: 38 N: 57 NV: 2 Abs: 3) [FAIL]

History

DateChamberAction
2011-04-25 House advisors appointed: Espich, Cherry, Baird, Pelath, Goodin and Tyler
2011-04-25 House conferees appointed: Turner and Crawford
2011-04-25 Senate advisors appointed: Kenley, Hume and Charbonneau
2011-04-25 Senate conferees appointed: Hershman and Skinner
2011-04-25 Senate dissented from House amendments
2011-04-21 Returned to the Senate with amendments
2011-04-21 Third reading: passed; Roll Call 631: yeas 62, nays 34
2011-04-20 Amendment 20 (Tyler), prevailed; Roll Call 611: yeas 93, nays 0
2011-04-20 Amendment 3 (Pelath), ruled out of order
2011-04-20 Amendment 7 (DeLaney), failed; Roll Call 610: yeas 38, nays 57
2011-04-20 Amendment 2 (Goodin), prevailed; Roll Call 609: yeas 89, nays 0
2011-04-20 Amendment 18 (Crawford), failed; Roll Call 608: yeas 39, nays 57
2011-04-20 Amendment 11 (Welch), failed; Roll Call 607: yeas 41, nays 51
2011-04-20 Amendment 12 (Turner), prevailed; voice vote
2011-04-20 Amendment 14 (Turner), prevailed; Roll Call 606: yeas 62, nays 30
2011-04-20 Amendment 15 (Turner), withdrawn
2011-04-20 Amendment 13 (Turner), ruled out of order
2011-04-20 Second reading: amended, ordered engrossed
2011-04-13 Committee report: amend do pass, adopted
2011-03-28 First reading: referred to Committee on Ways and Means
2011-02-22 Cosponsors: Reps. Crouch, Espich and Welch
2011-02-22 House sponsor: Rep. Turner
2011-02-22 Referred to the House
2011-02-22 Third reading: passed; Roll Call 252: yeas 39 and nays 10
2011-02-21 Senator Kruse added as coauthor
2011-02-21 Senator Charbonneau added as third author
2011-02-21 Senator Kenley added as second author
2011-02-21 Senator Charbonneau removed as second author
2011-02-21 Amendment 10 (Hershman), prevailed;
2011-02-21 Amendment 9 (Hershman), prevailed;
2011-02-21 Second reading: amended, ordered engrossed
2011-02-17 Committee report: amend do pass, adopted
2011-02-08 Senator Alting added as coauthor
2011-01-27 Senator Charbonneau added as second author
2011-01-20 First reading: referred to Committee on Tax and Fiscal Policy
2011-01-20 Authored by Senator Hershman

Indiana State Sources

TypeSource
Summaryhttp://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=SB&docno=0589
Texthttp://www.in.gov/legislative/bills/2011/IN/IN0589.1.html
Texthttp://www.in.gov/legislative/bills/2011/SB/SB0589.1.html
Texthttp://www.in.gov/legislative/bills/2011/SB/SB0589.2.html
Texthttp://www.in.gov/legislative/bills/2011/ES/ES0589.1.html
Texthttp://www.in.gov/legislative/bills/2011/ES/ES0589.2.html
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Srollcal/0252.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0606.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0607.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0608.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0609.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0610.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0611.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0630.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0631.PDF.pdf

Bill Comments

feedback