Bill Title: Income tax deductions. Eliminates, for property placed in service by a taxpayer after December 31, 2018: (1) the bonus depreciation add back of the amount that is allowed for federal income tax purposes; and (2) the Section 179 expense add back of the amount that is allowed for federal income tax purposes in excess of $25,000 per year.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2019-01-28 - Senator Ford Jon added as second author
[SB0624 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2019-01-15 | PDF | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Indiana SB0624 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Indiana SB0624 currently on file. |
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