IN SB0393 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2023 - 25% progression, died in committee
Action: 2023-01-19 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy 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 Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Graduate retention incentives. Provides for an exemption from the adjusted gross income tax for up to five years for an individual who graduates from a public or private four year college or university if the individual accepts a full-time position of employment in Indiana after graduation. Provides that if an individual leaves a full-time position in Indiana and subsequently accepts another full-time position in Indiana, the exemption carries over for the balance of the five year period. Provides that the department of state revenue shall prescribe a form requiring the Indiana employer to notify the department if the individual leaves employment with the Indiana employer before the end of the five year exemption.
Title
Graduate retention incentives.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-01-19 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2023-01-19 | Senate | Authored by Senator Rogers |
Subjects
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2023/bills/senate/393/details |
Text | https://iga.in.gov/legislative/2023/bills/senate/393/#1.INTR |