Bill Text: IN HB1156 | 2012 | Regular Session | Introduced
Bill Title: Volunteer firefighter and police reserve tax deduction.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-01-09 - First reading: referred to Committee on Ways and Means [HB1156 Detail]
Download: Indiana-2012-HB1156-Introduced.html
Introduced Version
HOUSE BILL No. 1156
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DIGEST OF INTRODUCED BILL
Citations Affected: IC 6-3-2-21.
Synopsis: Volunteer firefighter and police reserve tax deduction.
Provides an individual income tax deduction of up to $2,000 for
income received by an individual for service as a volunteer firefighter
or a police reserve officer.
Effective: July 1, 2012.
Battles
January 6, 2012, read first time and referred to Committee on Ways and Means.
Introduced
Second Regular Session 117th General Assembly (2012)
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
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HOUSE BILL No. 1156
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 6-3-2-21; (12)IN1156.1.1. -->
SECTION 1. IC 6-3-2-21 IS ADDED TO THE INDIANA CODE
AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2012]: Sec. 21. (a) This section applies only to a taxable year that
begins after December 31, 2012.
(b) Each taxable year, an individual is entitled to an adjusted gross income tax deduction for the first two thousand dollars ($2,000) of income received during the taxable year by the individual for the individual's service as:
(1) a volunteer firefighter (as defined in IC 36-8-12-2); or
(2) a police reserve officer under IC 36-8-3-20.
(b) Each taxable year, an individual is entitled to an adjusted gross income tax deduction for the first two thousand dollars ($2,000) of income received during the taxable year by the individual for the individual's service as:
(1) a volunteer firefighter (as defined in IC 36-8-12-2); or
(2) a police reserve officer under IC 36-8-3-20.