Bills Pending Indiana Senate Tax and Fiscal Policy Committee | Senate

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StanceStateBillStatusSummary/TitleLast Actionsort icon
INSB0210IntroExempts tender vehicles from state gross retail tax. Provides a definition for "tender vehicles". Provides that a transaction involving a tender vehicle is exempt from state gross retail tax. (Under current law, tender vehicles purchased and used to ...
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2021-02-02
To Senate Tax and Fiscal Policy Committee
INSB0018IntroDisabled veteran renter's deduction. Provides an income tax deduction, in addition to the current renter's deduction, to a disabled veteran who rents a dwelling as a principal place of residence. Provides that the additional deduction is equal to the...
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2021-01-28
To Senate Tax and Fiscal Policy Committee
INSB0408IntroTax increment financing. Changes the nonvoting adviser of a redevelopment commission to a voting school liaison member (school liaison) beginning July 1, 2021. Requires the school liaison to be either: (1) a member of the school board of a corporatio...
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2021-01-25
To Senate Tax and Fiscal Policy Committee
INSB0307IntroProperty tax matters. Provides that the true tax value of commercial real property used for retail purposes that is occupied by the original owner or by a tenant for which the improvement was built shall be determined by the cost approach for the fir...
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2021-01-25
To Senate Tax and Fiscal Policy Committee
INSB0315IntroState earned income tax credit. Increases the amount of the state earned income tax credit. Requires: (1) the department of state revenue to compile a notice with information concerning the federal and state earned income tax credits; and (2) the off...
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2021-01-12
To Senate Tax and Fiscal Policy Committee
INSB0309IntroIncome tax exemption for payroll protection loans. Provides that federal Paycheck Protection Program loans that are subsequently forgiven are not subject to Indiana adjusted gross income tax (AGI). Provides that if a taxpayer incurs an expense descri...
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0138IntroAdjusted gross income tax exemption. Provides that, to the extent that the definition of the Internal Revenue Code (IRC) in Title 6 of the Indiana Code is not updated by amendment in the 2021 regular session of the general assembly or thereafter to c...
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0050IntroVenture capital investment tax credit. Provides that debt from qualified investment capital must be for a repayment term of at least 12 months. Clarifies that the Indiana economic development corporation (IEDC) shall certify businesses that are engag...
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0216IntroEDGE tax credits. Amends the definition of "incremental income tax withholdings" for purposes of the economic development for a growing economy (EDGE) tax credit to accommodate nonresident employees. Provides that, for purposes of the EDGE tax credit...
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0274IntroSmall business tax matters. Provides for a payment program for qualifying taxpayers with unpaid sales and use taxes. Defines "qualifying taxpayer" as a retail merchant with less than $5,000,000 in taxable retail sales in 2019. Provides that a qualify...
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0362IntroHobart food and beverage tax. Authorizes the city of Hobart to impose a food and beverage tax.
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0355IntroChild and dependent care tax credit. Provides a refundable child and dependent care tax credit to taxpayers whose adjusted gross income for the taxable year is not more than 250% of the federal poverty level. Provides that the credit is equal to the ...
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2021-01-11
To Senate Tax and Fiscal Policy Committee
INSB0231IntroFuel tax credit for sale of higher ethanol blends. Provides a tax credit for taxpayers that own fueling stations that sell higher ethanol blend for motor vehicles. Provides that the amount of the credit is five cents per gallon of higher ethanol blen...
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2021-01-07
To Senate Tax and Fiscal Policy Committee
INSB0127IntroUse of property as a short term rental. Provides that if a taxpayer rents the taxpayer's residential real property to a third party or third parties for more than 29 nights per year: (1) the taxpayer's personal property such as furnishings and equipm...
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2021-01-05
To Senate Tax and Fiscal Policy Committee
INSB0180IntroMadison County food and beverage tax. Requires the revenue from the Madison County food and beverage tax to be deposited in a township development account (account) established within the current economic development project fund (fund) for each town...
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2021-01-05
To Senate Tax and Fiscal Policy Committee
INSB0016IntroTax credit for teachers' classroom supplies. Increases the maximum amount of the income tax credit for an individual employed as a teacher for amounts expended for classroom supplies from $100 to $500 per taxable year.
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2021-01-04
To Senate Tax and Fiscal Policy Committee
INSB0070IntroElimination of supplemental county levies. Provides that the supplemental county property tax levy in: (1) Lake County that is distributed to school corporations in Lake County; (2) Dearborn County that is distributed to school corporations in Dearbo...
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2021-01-04
To Senate Tax and Fiscal Policy Committee
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