Bill Texts: IN SB0309 | 2016 | Regular Session

Bill Title: State and local taxation. Eliminates the exemption for property taxes during the planning and construction of a residence that is conveyed upon completion to a low income individual by a nonprofit organization. Restricts but does not eliminate the exemption for property taxes for improvements on real property that are constructed, rehabilitated, or acquired for the purpose of providing low income housing. Specifies that the payments in lieu of taxes (PILOTS) that may be required from a property owner claiming such an exemption may not be imposed for an assessment date occurring after January 1, 2017. Eliminates the property tax deduction

Spectrum: Partisan Bill (Republican 5-0)

Status: (Passed) 2016-03-24 - Public Law 181 [SB0309 Detail]

Bill Drafts

RevisionDateFormatSourceView
Enrolled2016-03-11PDFLinkView
Engrossed2016-03-11PDFLinkView
Engrossed2016-03-02PDFLinkView
Amended2016-03-02PDFLinkView
Engrossed2016-02-29PDFLinkView
Amended2016-02-29PDFLinkView
Engrossed2016-02-02PDFLinkView
Amended2016-02-02PDFLinkView
Amended2016-01-28PDFLinkView
Introduced2016-01-28PDFLinkView
Introduced2016-01-07PDFLinkView

Amendments

AmendmentDateDispositionFormatSourceView
No bill amendments currently on file for Indiana SB0309

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Indiana SB0309 currently on file.

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