IN HB1184 | 2014 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-21 - Representative Kubacki added as coauthor.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-21 - Representative Kubacki added as coauthor.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides an exemption from adjusted gross income taxation for income derived from an invention in the period beginning when a patent application for the invention is filed and ending when the patent is granted, if a patent is ultimately issued for the invention. Provides for a new schedule of exemption percentages for the patent exemption from adjusted gross income taxation in current law, applicable to patents issued during taxable years beginning after December 31, 2014.
Title
Tax exemption for certain income related to patents.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-21 | House | Representative Kubacki added as coauthor. |
| 2014-01-21 | House | Representative Hale added as coauthor. |
| 2014-01-14 | House | First Reading: Referred to Ways and Means |
| 2014-01-13 | House | Authored by Representative Heuer. |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2014/bills/house/1184/details |
| Text | http://iga.in.gov/static-documents/7/0/6/5/7065a92c/HB1184.01.INTR.pdf |
