Bill Text: IN HB1091 | 2011 | Regular Session | Amended

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Bill Title: Exempt farm drainage components from sales tax.

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Introduced - Dead) 2011-01-27 - Referred to Committee on Ways and Means pursuant to House Rule 127 [HB1091 Detail]

Download: Indiana-2011-HB1091-Amended.html

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January 28, 2011

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HOUSE BILL No. 1091

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DIGEST OF HB 1091 (Updated January 25, 2011 11:36 am - DI 77)

Citations Affected: IC 6-2.5.

Synopsis: Exempt farm drainage components from sales tax. Provides that a component of a farm drainage system is exempt from sales tax if a farmer acquires the component. Provides that equipment used to install, repair, or maintain a farm drainage system is exempt from sales tax if the equipment is acquired by a farmer.

Effective: July 1, 2011.

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Gutwein, Cherry , Heaton , Grubb

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    January 5, 2011, read first time and referred to Committee on Agriculture and Rural Development.
    January 25, 2011, amended, reported _ Do Pass.
    January 27, 2011, recommitted to Committee on Ways and Means pursuant to Rule 127.

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January 28, 2011

First Regular Session 117th General Assembly (2011)

PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2010 Regular Session of the General Assembly.

HOUSE BILL No. 1091

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    A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 6-2.5-5-45; (11)HB1091.2.1. -->     SECTION 1. IC 6-2.5-5-45 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2011]: Sec. 45. (a) As used in this section, "farm drainage system" means a system of drainage tubing, drainage tiles, and related control systems designed to facilitate the drainage of agricultural land.
    (b) Transactions involving a component of a farm drainage system are exempt from the state gross retail tax if the person acquiring the component is engaged in the business of agriculture.
    (c) Transactions involving equipment used to install, repair, or maintain farm drainage systems are exempt from the state gross retail tax if the person acquiring the equipment is engaged in the business of agriculture.

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