Bill Title: Tax credit for bridge toll expenses. Provides a state 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; (3) incurs at least $500 of qualified toll expenses to cross certain Ohio River bridges during a taxable year; and (4) has a Riverlink commercial account. Provides that the amount of the tax credit may not exceed the lesser of: (1) the amount of qualified toll expenses paid by the qualified business during the taxable year; or (2) $1,000. Provides that a business entity wishing to claim the credit must file an application with the department of state revenue during the taxable year requesting certification of the business entity as a qualified business for that taxable year.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2019-01-14 - First reading: referred to Committee on Tax and Fiscal Policy
[SB0578 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
| Introduced | 2019-01-14 | PDF | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
| No bill amendments currently on file for Indiana SB0578 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
| No supplemental documents for Indiana SB0578 currently on file. |