Introduced Version




HOUSE BILL No. 1235

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DIGEST OF INTRODUCED BILL



Citations Affected: IC 6-3-2-21.

Synopsis: Tax deduction for certain public safety providers. Provides to an individual an adjusted gross income tax deduction equal to the lesser of: (1) the amount of income received by an individual for service as a volunteer firefighter, a police reserve officer, or a member of the Indiana guard reserve; or (2) $2,000.

Effective: July 1, 2013.



Battles, GiaQuinta


    January 14, 2013, read first time and referred to Committee on Ways and Means.




Introduced

First Regular Session 118th General Assembly (2013)


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.
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HOUSE BILL No. 1235


    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; (13)IN1235.1.1. -->     SECTION 1. IC 6-3-2-21 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]: Sec. 21. (a) This section applies only to a taxable year that begins after December 31, 2013.
    (b) Each taxable year, an individual is entitled to an adjusted gross income tax deduction equal to the lesser of the following:
        (1) The amount of income received during the taxable year by the individual for the individual's service as any of the following:
            (A) A volunteer firefighter (as defined in IC 36-8-12-2).
            (B) A police reserve officer under IC 36-8-3-20.
             (C) A member of the Indiana guard reserve.
        (2) Two thousand dollars ($2,000).