Bill Title: Business personal property tax exemption. Provides that not later than 30 days prior to the filing date, the appropriate assessor shall provide notification to each person whose personal property is subject to assessment. Increases, from $20,000 to $40,000, the acquisition cost threshold for the business personal property tax exemption. Specifies that a taxpayer who is eligible for a personal property tax exemption must include on the taxpayer's personal property tax return: (1) information concerning whether the taxpayer's business personal property within the county is in one location or multiple locations; and (2) an address for the location of the property. Provides that the appropriate county officer designated by the county executive (rather than the assessor, under current law) is responsible for: (1) maintaining data files of the geographic information system characteristics of each parcel in the county as of each assessment date; and (2) submitting those files to the geographic information office of the office of technology. Repeals provisions in current law that allow a county council to impose a local service fee on each person that has exempt business personal property because the business personal property does not exceed the acquisition threshold. Removes outdated provisions.

Spectrum: Strong Partisan Bill (Republican 18-1)

Status: (Passed) 2019-05-06 - Public Law 273 [SB0233 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Enrolled	2019-04-24	PDF	Link	View
Engrossed	2019-04-23	PDF	Link	View
Engrossed	2019-04-01	PDF	Link	View
Amended	2019-04-01	PDF	Link	View
Engrossed	2019-03-28	PDF	Link	View
Amended	2019-03-28	PDF	Link	View
Engrossed	2019-01-24	PDF	Link	View
Amended	2019-01-24	PDF	Link	View
Amended	2019-01-22	PDF	Link	View
Introduced	2019-01-22	PDF	Link	View
Introduced	2019-01-02	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana SB0233

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana SB0233 currently on file.

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