IN HB1156 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2011 - 25% progression, died in committee
Action: 2011-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 10 2011 - 25% progression, died in committee
Action: 2011-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Eliminates all ad valorem property taxes. Provides for the implementation of a local residential income tax, a local fire and safety benefit tax, a state commercial activity tax, and a state employer payroll expense tax to replace revenue lost to political subdivisions from the elimination of property taxes. Increases the state gross retail and use tax. Reduces the state adjusted gross income tax rate. Makes other changes to the tax laws. Makes appropriations.
Title
Elimination of property taxes.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-10 | First reading: referred to Committee on Ways and Means | |
| 2011-01-10 | Authored by Representative Thompson |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=HB&docno=1156 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN1156.1.html |
