Bill Title: Local taxation. Provides for a transition from the county adjusted gross income tax (CAGIT), the county option income tax (COIT), the county economic development income tax (CEDIT), and the various local income taxes for special purposes and special projects to a single local income tax with three rate components. Retains special distributions. Specifies that the transition is to take effect in 2017. Provides for a report by the office of management and budget to the legislative council in 2015 showing the effect of the transition on taxing units and taxpayers. Authorizes Rush County to impose a CAGIT tax rate for

Spectrum: Partisan Bill (Republican 3-0)

Status: (Passed) 2015-05-06 - Public Law 243 [HB1485 Detail]

Text: Latest bill text (Enrolled) [PDF]

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