IN HB1618 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 19 2023 - 25% progression, died in committee
Action: 2023-01-19 - 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 19 2023 - 25% progression, died in committee
Action: 2023-01-19 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Exemption for new business personal property. Provides that for business personal property purchased after December 31, 2023, the total acquisition cost of a taxpayer's total business personal property in a county for an assessment date is exempt from taxation.
Title
Exemption for new business personal property.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-19 | House | First reading: referred to Committee on Ways and Means |
| 2023-01-19 | House | Authored by Representative Payne |
| 2023-01-19 | House | Coauthored by Representatives Morrison, Sweet and Hostettler |
Subjects
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2023/bills/house/1618/details |
| Text | https://iga.in.gov/legislative/2023/bills/house/1618/#1.INTR |
