Bill Text: IN HB1417 | 2019 | Regular Session | Introduced
Bill Title: Distribution of local income taxes. Phases in a new distribution formula for certain local income tax (LIT) revenue using a weighted combination of property tax levies and total residential assessed value for taxing units receiving this LIT revenue. Phases in the weights over four years beginning in 2021.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-01-14 - First reading: referred to Committee on Ways and Means [HB1417 Detail]
Download: Indiana-2019-HB1417-Introduced.pdf