Comments: IN SB0229 | 2016 | Regular Session
Bill Title: Tax credit for bridge toll expenses. Provides an income tax credit to qualified businesses that pay tolls to cross certain Ohio River bridges. Provides that a qualified business is a business entity that: (1) is authorized to transact business in Indiana; (2) maintains its principal office, or a branch office, in Clark County or Floyd County; and (3) incurs at least $500 of qualified toll expenses to cross certain Ohio River bridges during a taxable year. Provides that the amount of the tax credit may not exceed the lesser of: (1) the amount of qualified toll expenses paid by the
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-01-07 - First reading: referred to Committee on Tax & Fiscal Policy [SB0229 Detail]
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-01-07 - First reading: referred to Committee on Tax & Fiscal Policy [SB0229 Detail]
Text: Latest bill text (Introduced) [PDF]
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