Bill Text: IN HB1206 | 2013 | Regular Session | Introduced
Bill Title: Motor vehicle excise tax credit.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2013-01-10 - First reading: referred to Committee on Ways and Means [HB1206 Detail]
Download: Indiana-2013-HB1206-Introduced.html
Citations Affected: IC 6-6-5-5.2.
Synopsis: Motor vehicle excise tax credit. Allows veterans with
qualifying disabilities who do not own certain types of taxable property
to claim credits against the motor vehicle excise tax. Allows the
surviving spouses of qualified veterans and World War I veterans who
do not own those types of taxable property to claim the credits.
Specifies that the amount of the credit is the lesser of the claimant's
excise tax liability or $70. Provides that the maximum number of
vehicles for which credits may be claimed is two. (Current law allows
such veterans to apply any excess property tax deduction amount to the
motor vehicle excise tax as a credit, but owning property is a
requirement for claiming the property tax deduction and applying its
excess to the excise tax.)
Effective: July 1, 2013.
January 10, 2013, read first time and referred to Committee on Ways and Means.
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A BILL FOR AN ACT to amend the Indiana Code concerning
taxation.
(b) Subject to subsection (d), an individual may claim a credit against the tax imposed by this chapter upon a vehicle owned by the individual if the individual is eligible for the credit under any of the following:
(1) The individual meets all of the following requirements:
(A) The individual served in the military or naval forces of the United States during any of its wars.
(B) The individual received an honorable discharge.
(C) The individual has a disability with a service connected disability of ten percent (10%) or more.
(D) The individual's disability is evidenced by:
(i) a pension certificate, an award of compensation, or a disability compensation check issued by the United
States Department of Veterans Affairs; or
(ii) a certificate of eligibility issued to the individual by
the Indiana department of veterans' affairs after the
Indiana department of veterans' affairs has determined
that the individual's disability qualifies the individual to
receive a credit under this section.
(E) The individual does not own property to which a
property tax deduction may be applied under
IC 6-1.1-12-13.
(2) The individual meets all of the following requirements:
(A) The individual served in the military or naval forces of
the United States for at least ninety (90) days.
(B) The individual received an honorable discharge.
(C) The individual either:
(i) has a total disability; or
(ii) is at least sixty-two (62) years of age and has a
disability of at least ten percent (10%).
(D) The individual's disability is evidenced by:
(i) a pension certificate or an award of compensation
issued by the United States Department of Veterans
Affairs; or
(ii) a certificate of eligibility issued to the individual by
the Indiana department of veterans' affairs after the
Indiana department of veterans' affairs has determined
that the individual's disability qualifies the individual to
receive a credit under this section.
(E) The individual does not own property to which a
property tax deduction may be applied under
IC 6-1.1-12-14.
(3) The individual meets both of the following requirements:
(A) The individual is the surviving spouse of any of the
following:
(i) An individual who would have been eligible for a
credit under this section if the individual had been alive
in 2013 and this section had been in effect in 2013.
(ii) An individual who received a credit under this
section in the previous calendar year.
(iii) A World War I veteran.
(B) The individual does not own property to which a
property tax deduction may be applied under
IC 6-1.1-12-13, IC 6-1.1-12-14, or IC 6-1.1-12-16.
(c) The amount of the credit that may be claimed under this
section is equal to the lesser of the following:
(1) The amount of the excise tax liability for the individual's
vehicle as determined under section 5 of this chapter.
(2) Seventy dollars ($70).
(d) The maximum number of motor vehicles for which an
individual may claim a credit under this section is two (2).
(e) An individual may not claim a credit under both:
(1) this section; and
(2) section 5(b) of this chapter.
(f) The credit allowed by this section must be claimed on a form
prescribed by the bureau. An individual claiming the credit must
attach to the form an affidavit from the county auditor stating that
the claimant does not own property to which a property tax
deduction may be applied under IC 6-1.1-12-13, IC 6-1.1-12-14, or
IC 6-1.1-12-16.
