IN HB1507 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-01-17 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-01-17 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax deductions and credits related to military service. Provides a state income tax deduction for a member of an active or reserve component of the armed forces of the United States or the National Guard who has military income that is attributable to military service while deployed or stationed outside of the United States equal to the amount of income attributable to that military service. Establishes a tax credit for a taxpayer that employs a member of a reserve component of the armed forces of the United States or the National Guard. Requires the taxpayer to submit certain information to the department of state revenue to claim the credit.
Title
Tax deductions and credits related to military service.
Sponsors
Rep. Mike Speedy [R] |
History
Date | Chamber | Action |
---|---|---|
2023-01-17 | House | First reading: referred to Committee on Ways and Means |
2023-01-17 | House | Authored by Representative Speedy |
Subjects
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2023/bills/house/1507/details |
Text | https://iga.in.gov/legislative/2023/bills/house/1507/#1.INTR |