IN HB1239 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-14 - First Reading: Referred to Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2014 - 25% progression, died in committee
Action: 2014-01-14 - First Reading: Referred to Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows an individual to subtract investment interest payments in the calculation of the individual's Indiana adjusted gross income if the investment interest payments are: (1) made with respect to tangible property held for investment in Indiana; and (2) deducted from federal adjusted gross income for federal income tax purposes.
Title
Deduction for investment interest.
Sponsors
| Rep. Ben Smaltz [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-14 | House | First Reading: Referred to Ways and Means |
| 2014-01-13 | House | Authored by Representative Smaltz. |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2014/bills/house/1239/details |
| Text | http://iga.in.gov/static-documents/e/8/0/c/e80caa09/HB1239.01.INTR.pdf |
