Bill Text: IN SB0166 | 2013 | Regular Session | Introduced
Bill Title: Vehicle excise tax credit for certain veterans.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-01-07 - First reading: referred to Committee on Homeland Security, Transportation and Veterans Affairs [SB0166 Detail]
Download: Indiana-2013-SB0166-Introduced.html
Citations Affected: IC 6-1.1-12-15.5; IC 6-6-5.
Synopsis: Vehicle excise tax credit for certain veterans. Allows
certain disabled veterans, surviving spouses of certain disabled
veterans, and World War I veterans or their surviving spouses to claim
a credit against the annual motor vehicle excise tax regardless of
whether the veteran or surviving spouse owns or is buying other real or
personal property against which the veteran or surviving spouse may
claim a property tax deduction for disabled veterans, surviving spouses
of disabled veterans, or World War I veterans or their surviving
spouses.
Effective: July 1, 2013.
January 7, 2013, read first time and referred to Committee on Homeland Security,
Transportation and Veterans Affairs.
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
taxation.
(1) an individual fails to qualify for the deduction provided by section 13, 14, or 16 of this chapter only because the individual:
(A) does not own tangible property;
(B) is not buying real property, a mobile home not assessed as real property, or a manufactured home not assessed as real property under a contract that provides that the individual is to pay property taxes on the real property, mobile home, or manufactured home; or
(C) is buying real property, a mobile home not assessed as real property, or a manufactured home not assessed as real property under a contract that provides that the individual is to pay property taxes on the real property, mobile home, or manufactured home, but the contract or a
memorandum of the contract is not recorded in the county
recorder's office; and
(2) the individual desires to claim the credit against the
annual license excise tax provided by IC 6-6-5-5.7;
the individual must file a statement with the auditor of the county
in which the individual resides. The statement must be filed during
the year for which the individual desires to claim the credit. The
statement must contain a sworn declaration that the individual is
entitled to the credit.
(b) If:
(1) an individual fails to qualify for the deduction provided by
section 17.4 of this chapter only because the individual:
(A) does not own real property, a mobile home not assessed
as real property, or a manufactured home not assessed as
real property;
(B) is not buying real property, a mobile home not assessed
as real property, or a manufactured home not assessed as
real property under a contract that provides that the
individual is to pay property taxes on the real property,
mobile home, or manufactured home; or
(C) is buying real property, a mobile home not assessed as
real property, or a manufactured home not assessed as real
property under a contract that provides that the individual
is to pay property taxes on the real property, mobile home,
or manufactured home, but the contract or a
memorandum of the contract is not recorded in the county
recorder's office; and
(2) the individual desires to claim the credit against the
annual license excise tax provided by IC 6-6-5-5.7;
the individual must file a statement with the auditor of the county
in which the individual resides. The statement must be filed during
the year for which the individual desires to claim the credit. The
statement must contain a sworn declaration that the individual is
entitled to the credit.
(c) An individual who has filed a statement under subsection (a)
or (b), who receives a credit under IC 6-6-5-5.7 in a particular
year, and who remains eligible in the following year is not required
to file another statement to apply for the credit in a subsequent
year.
provided in section 4 of this chapter, and the age of the vehicle, in
accordance with the schedule set out in subsection (b) or (c). or (d).
(b) A person who owns a vehicle and who is entitled to a property
tax deduction under IC 6-1.1-12-13, IC 6-1.1-12-14, IC 6-1.1-12-16, or
IC 6-1.1-12-17.4 is entitled to a credit against the annual license excise
tax as follows: Any remaining deduction from assessed valuation to
which the person is entitled, applicable to property taxes payable in the
year in which the excise tax imposed by this chapter is due, after
allowance of the deduction on real estate and personal property owned
by the person, shall reduce the annual excise tax in the amount of two
dollars ($2) on each one hundred dollars ($100) of taxable value or
major portion thereof. The county auditor shall, upon request, furnish
a certified statement to the person verifying the credit allowable under
this section and the statement shall be presented to and retained by the
bureau to support the credit.
(c) (b) After January 1, 1996, the tax schedule is as follows:
Year of
Manufacture I
II
III
IV
V
1st $12
$36
$50
$50
$66
2nd 12
30
50
50
57
3rd 12
27
42
50
50
4th 12
24
33
50
50
5th 12
18
24
48
50
6th 12
12
18
36
50
7th 12
12
12
24
42
8th 12
12
12
18
24
9th 12
12
12
12
12
10th 12
12
12
12
12
and thereafter
Year of
Manufacture VI
VII
VIII
IX
X
1st $84
$103
$123
$150
$172
2nd 74
92
110
134
149
3rd 63
77
93
115
130
4th 52
64
78
98
112
5th 50
52
64
82
96
6th 50
50
50
65
79
7th 49
50
50
52
65
8th 30
40
50
50
53
9th 18
21
34
40
50
10th 12
12
12
12
12
and thereafter
Year of
Manufacture XI XII XIII XIV XV
1st $207 $250 $300 $350 $406
2nd 179 217 260 304 353
3rd 156 189 225 265 307
4th 135 163 184 228 257
5th 115 139 150 195 210
6th 94 114 121 160 169
7th 78 94 96 132 134
8th 64 65 65 91 91
9th 50 50 50 50 50
10th 21 26 30 36 42
and thereafter
Year of
Manufacture XVI XVII
1st $469 $532
2nd 407 461
3rd 355 398
4th 306 347
5th 261 296
6th 214 242
7th 177 192
8th 129 129
9th 63 63
10th 49 50
and thereafter.
(1) "Eligible veteran or surviving spouse" means any of the following:
(A) A World War I veteran who is a resident of Indiana.
(B) An individual described in subdivision (2), (3), or (4).
(2) "Partially disabled veteran" means an individual:
(A) who meets the conditions specified in IC 6-1.1-12-13(a)(1) through IC 6-1.1-12-13(a)(3); and
(B) whose 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 meets the conditions specified in clause (A).
(3) "Surviving spouse" means a surviving spouse:
(A) whose deceased spouse is described by subdivision (2) or (4) at the time of the deceased spouse's death; or
(B) who is described in IC 6-1.1-12-16(a)(1) and IC 6-1.1-12-16(a)(2).
(4) "Totally disabled veteran" means an individual:
(A) who meets the conditions specified in IC 6-1.1-12-14(a)(1) through IC 6-1.1-12-14(a)(3); and
(B) whose 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 meets the conditions specified in clause (A).
(b) Each year, an eligible veteran or surviving spouse who owns a vehicle is entitled to a credit against the annual license excise tax in an amount determined in STEP FOUR of the following STEPS:
STEP ONE: Determine the applicable maximum property tax deduction from among the following:
(A) If an eligible veteran or surviving spouse is a World War I veteran who is a resident of Indiana, the result of this STEP is the amount of the deduction specified in IC 6-1.1-12-17.4(a).
(B) If an eligible veteran or surviving spouse is a partially disabled veteran or the surviving spouse of a partially disabled veteran, the result of this STEP is the amount of the deduction specified in IC 6-1.1-12-13(a).
(C) If an eligible veteran or surviving spouse is a surviving spouse described in subsection (a)(3)(B), the result of this STEP is the amount of the deduction specified in IC 6-1.1-12-16(a).
(D) If an eligible veteran or surviving spouse is a totally disabled veteran or the surviving spouse of a totally disabled veteran, the result of this STEP is the amount of the deduction specified in IC 6-1.1-12-14(a).
STEP TWO: Determine the amount of the property tax deduction that the eligible veteran or surviving spouse is actually claiming for the year under IC 6-1.1-12-13, IC 6-1.1-12-14, IC 6-1.1-12-16, or IC 6-1.1-12-17.4, as applicable.
STEP THREE: Determine:
(A) the STEP ONE result; minus
(B) the STEP TWO result.
STEP FOUR: Multiply:
(A) the STEP THREE result; by
(B) two percent (2%);
rounding the result to the nearest dollar.
(c) The county auditor shall, upon request, furnish a certified statement to the person verifying the credit allowable under this section and the statement shall be presented to and retained by the bureau to support the credit.
