Bill Texts: IN SB0067 | 2016 | Regular Session

Bill Title: Local income tax distributions. Provides for a supplemental distribution of local income taxes when the balance in a county's local income tax trust account exceeds 15% (rather than 50%, under current law) of the certified distributions to be made to the county. Specifies the accounting, allocation method, and distribution requirements for supplemental distributions. Requires before May 2016 a one time special allocation of the balance in a county's trust account as of December 31, 2014. Provides that a taxing unit's allocation amount is to be determined in the same manner as a supplemental distribution would have generally been determined under

Spectrum: Strong Partisan Bill (Republican 30-3)

Status: (Passed) 2016-03-23 - Public Law 126 [SB0067 Detail]

Bill Drafts

RevisionDateFormatSourceView
Enrolled2016-03-11PDFLinkView
Amended2016-03-11PDFLinkView
Engrossed2016-02-29PDFLinkView
Amended2016-02-29PDFLinkView
Engrossed2016-01-14PDFLinkView
Amended2016-01-14PDFLinkView
Amended2016-01-12PDFLinkView
Introduced2016-01-12PDFLinkView
Introduced2015-12-28PDFLinkView

Amendments

AmendmentDateDispositionFormatSourceView
No bill amendments currently on file for Indiana SB0067

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Indiana SB0067 currently on file.

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