Bill Text: IN HB1323 | 2018 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Heavy equipment rental excise tax. Excludes heavy rental equipment from the assessment of the personal property tax. Imposes an excise tax on the rental of heavy rental equipment (excise tax). Provides procedures for the sourcing, collection, and distribution of the excise tax. Provides that the excise tax is apportioned and distributed to local governmental units (units) in the same manner that property taxes are apportioned and distributed. Provides that the excise taxes distributed to the units before January 1, 2020, must be deposited in the unit's excess levy fund. Provides that after December 31, 2019, excise taxes distributed to the
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-21 - Public Law 188 [HB1323 Detail]
Download: Indiana-2018-HB1323-Introduced.pdf
Bill Title: Heavy equipment rental excise tax. Excludes heavy rental equipment from the assessment of the personal property tax. Imposes an excise tax on the rental of heavy rental equipment (excise tax). Provides procedures for the sourcing, collection, and distribution of the excise tax. Provides that the excise tax is apportioned and distributed to local governmental units (units) in the same manner that property taxes are apportioned and distributed. Provides that the excise taxes distributed to the units before January 1, 2020, must be deposited in the unit's excess levy fund. Provides that after December 31, 2019, excise taxes distributed to the
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-21 - Public Law 188 [HB1323 Detail]
Download: Indiana-2018-HB1323-Introduced.pdf
