Bill Text: IN HB1172 | 2011 | Regular Session | Introduced
Bill Title: Indiana heritage trust fund.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-01-10 - First reading: referred to Committee on Ways and Means [HB1172 Detail]
Download: Indiana-2011-HB1172-Introduced.html
Citations Affected: IC 6-8.1-9-4; IC 14-12-2-14.
Synopsis: Indiana heritage trust fund. Adds the Indiana heritage trust
fund as a charitable fund to which an individual or a husband and wife
filing a joint return may choose to give all or part of any adjusted gross
income tax refund that the individual or husband and wife are entitled
to receive. Specifies the requirements for donating all or part of the
refund. Requires the Indiana heritage trust project committee to include
representation of the Indiana Dunes preservation community and the
Lake Michigan lakeshore preservation community.
Effective: July 1, 2011; January 1, 2012.
January 10, 2011, read first time and referred to Committee on Ways and Means.
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
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
A BILL FOR AN ACT to amend the Indiana Code concerning
natural and cultural resources.
individual is entitled to be paid over to one (1) or more of the funds
described in subsection (c) without designating specific amounts,
the refund to which the individual is entitled shall be paid over to
each fund designated by the individual in an amount equal to the
refund divided by the number of funds designated by the
individual, rounded to the lowest cent, with any part of the refund
remaining due to the effects of rounding to be deposited in the
nongame fund.
(b) Every husband and wife (other than nonresidents) who file a
joint income tax return and who are entitled to a refund from the
Indiana department of state revenue because of the overpayment of
income tax for a taxable year may designate on their annual state
income tax return that either a specific amount or all of the refund to
which they are entitled shall be paid over to one (1) or more of the
nongame fund. In the event that the husband and wife designate that a
certain amount shall be paid over to the nongame fund and funds
described in subsection (c). If the refund to which they a husband
and wife are entitled is less than the total amount designated such
designation shall mean that to be paid over to one (1) or more of the
funds described in subsection (c), all of the refund to which they the
husband and wife are entitled shall be paid over to the nongame fund.
designated funds, but in an amount or amounts reduced
proportionately for each designated fund. If a husband and wife
designate all of the refund to which the husband and wife are
entitled to be paid over to one (1) or more of the funds described in
subsection (c) without designating specific amounts, the refund to
which the husband and wife are entitled shall be paid over to each
fund designated by the husband and wife in an amount equal to the
refund divided by the number of funds designated by the husband
and wife, rounded to the lowest cent, with any part of the refund
remaining due to the effects of rounding to be deposited in the
nongame fund.
(c) Designations under subsection (a) or (b) may be directed
only to the following funds:
(1) The nongame fund.
(2) The Indiana heritage trust fund established under
IC 14-12-2-25.
(c) (d) The instructions for the preparation of individual income tax
returns shall contain a description of the purposes of the following:
(1) The nongame and endangered species program. which is
(2) The Indiana heritage trust fund established under
IC 14-12-2-25.
The descriptions required by this subsection must be written in
cooperation with the department of natural resources.
(e) Individual income tax returns must include a statement that
a designation made under subsection (a) or (b):
(1) does not reduce the taxpayer's adjusted gross income tax
liability; and
(2) will decrease or eliminate the refund owed to the taxpayer.
(f) If a designation made under subsection (a) or (b) is illegible
or otherwise not reasonably discernible to the department, the
department shall disregard the designation and calculate the
amount of the taxpayer's refund as if the designation had not been
made.
(b) The project committee consists of the following sixteen (16) members:
(1) The director of the division of fish and wildlife.
(2) The director of the division of forestry.
(3) The director of the division of nature preserves.
(4) The director of the division of state parks.
(5) The director of the division of outdoor recreation.
(6) The director of the division of state museums and historic sites.
(7) Ten (10) individuals appointed by the governor. The governor shall appoint individuals so that all the following are satisfied:
(A) The individuals must be residents of Indiana.
(B) The individuals must have a demonstrated interest or experience in:
(i) conservation of natural resources; or
(ii) management of public property.
(C) Each Indiana congressional district must be represented by at least one (1) individual who is a resident of that congressional district.
(D) The individuals must represent the following:
(i) The environmentalist community.
(ii) The academic community.
(iii) Organized hunting and fishing groups.
(iv) The forest products community.
(v) The parks and recreation community.
(vi) The Indiana Dunes preservation community.
(vii) The Lake Michigan lakeshore preservation
community.
(b) This SECTION expires January 1, 2014.
