Indiana House Bill 1046 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 7-3)
Status: Passed on March 24 2016 - 100% progression
Action: 2016-03-24 - Public Law 195
Text: Latest bill text (Enrolled) [PDF]

Sales of bullion or currency. Provides a sales tax exemption for transactions involving the sale of: (1) coins that are permitted investments by an individual retirement account under federal law; (2) bullion that is a permitted investment by an individual retirement account under federal law; or (3) legal tender. Authorizes the secretary of state to issue a temporary registration to a foreign entity that wishes to sell precious metals bullion or currency at a trade fair or coin show in Indiana and is not otherwise lawfully authorized to conduct business in Indiana. Provides that a registration issued to a foreign

Sales of bullion or currency. Provides a sales tax exemption for transactions involving the sale of: (1) coins that are permitted investments by an individual retirement account under federal law; (2) bullion that is a permitted investment by an individual retirement account under federal law; or (3) legal tender. Authorizes the secretary of state to issue a temporary registration to a foreign entity that wishes to sell precious metals bullion or currency at a trade fair or coin show in Indiana and is not otherwise lawfully authorized to conduct business in Indiana. Provides that a registration issued to a foreign

Rep. Greg Beumer [R]	Rep. David Wolkins [R]	Rep. Robert Heaton [R]	Sen. David Niezgodski [D]
Sen. Brandt Hershman [R]	Sen. Dennis Kruse [R]	Sen. Jeff Raatz [R]	Sen. Earline Rogers [D]
Sen. Lonnie Randolph [D]	Sen. Scott Schneider [R]

2016-03-03 - House - House - House concurred in Senate amendments (Y: 73 N: 20 NV: 1 Abs: 6) [PASS]
2016-03-01 - Senate - Senate - Third reading (Y: 46 N: 4 NV: 0 Abs: 0) [PASS]
2016-02-25 - Senate - Senate - Amendment #1 (Breaux) failed (Y: 9 N: 36 NV: 0 Abs: 5) [FAIL]
2016-02-25 - Senate - Senate - Amendment #2 (Breaux) failed (Y: 9 N: 36 NV: 0 Abs: 5) [FAIL]
2016-02-23 - Senate - Senate - Committee Vote (Y: 11 N: 2 NV: 0 Abs: 0) [PASS]
2016-02-11 - Senate - Senate - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-01 - House - House - Third reading (Y: 74 N: 20 NV: 1 Abs: 5) [PASS]
2016-01-28 - House - House - Amendment #5 (Hale) failed (Y: 33 N: 62 NV: 1 Abs: 4) [FAIL]
2016-01-28 - House - House - Amendment #4 (Porter) failed (Y: 28 N: 67 NV: 1 Abs: 4) [FAIL]
2016-01-28 - House - House - Amendment #3 (Hale) failed (Y: 28 N: 67 NV: 1 Abs: 4) [FAIL]
2016-01-21 - House - House - Committee Vote (Y: 16 N: 5 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2016-03-24	House	Public Law 195
2016-03-24	House	Signed by the Governor
2016-03-17	Senate	Signed by the President of the Senate
2016-03-10	Senate	Signed by the President Pro Tempore
2016-03-09	House	Signed by the Speaker
2016-03-03	House	Motion to concur filed
2016-03-03	House	House concurred in Senate amendments; Roll Call 352: yeas 73, nays 20
2016-03-02	Senate	Returned to the House with amendments
2016-03-01	Senate	Senator Schneider added as cosponsor
2016-03-01	Senate	Third reading: passed; Roll Call 250: yeas 46, nays 4
2016-02-25	Senate	Amendment #1 (Breaux) failed; Roll Call 218: yeas 9, nays 36
2016-02-25	Senate	Amendment #2 (Breaux) failed; Roll Call 217: yeas 9, nays 36
2016-02-25	Senate	Second reading: ordered engrossed
2016-02-23	Senate	Senator Randolph added as cosponsor
2016-02-23	Senate	Committee report: amend do pass, adopted
2016-02-15	Senate	Senator Rogers added as cosponsor
2016-02-15	Senate	Committee report: amend do pass adopted; reassigned to Committee on Tax & Fiscal Policy
2016-02-03	Senate	First reading: referred to Committee on Commerce & Technology
2016-02-02	House	Referred to the Senate
2016-02-01	House	Senate sponsors: Senators Hershman, Kruse, Raatz
2016-02-01	House	Third reading: passed; Roll Call 114: yeas 74, nays 20
2016-01-28	House	Amendment #5 (Hale) failed; Roll Call 81: yeas 33, nays 62
2016-01-28	House	Amendment #4 (Porter) failed; Roll Call 80: yeas 28, nays 67
2016-01-28	House	Amendment #3 (Hale) failed; Roll Call 79: yeas 28, nays 67
2016-01-28	House	Amendment #1 (Porter) ruled out of order voice vote
2016-01-28	House	Second reading: ordered engrossed
2016-01-25	House	Committee report: amend do pass, adopted
2016-01-13	House	Representatives Wolkins, Heaton, Niezgodski added as coauthors
2016-01-05	House	First reading: referred to Committee on Ways and Means
2016-01-05	House	Authored by Representative Beumer

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/house/1046/details
Text	http://iga.in.gov/static-documents/9/5/b/f/95bff98d/HB1046.01.INTR.pdf
Text	http://iga.in.gov/static-documents/e/b/a/5/eba58a62/HB1046.01.INTR.pdf
Text	http://iga.in.gov/static-documents/0/c/1/a/0c1ad58d/HB1046.02.COMH.pdf
Text	http://iga.in.gov/static-documents/2/0/8/8/20882e60/HB1046.02.COMH.pdf
Text	http://iga.in.gov/static-documents/b/b/a/0/bba02c7d/HB1046.03.COMS.pdf
Text	http://iga.in.gov/static-documents/b/c/a/a/bcaad017/HB1046.03.COMS.pdf
Text	http://iga.in.gov/static-documents/7/c/1/d/7c1df862/HB1046.04.COMS.pdf
Text	http://iga.in.gov/static-documents/b/9/5/9/b959e6db/HB1046.04.COMS.pdf
Text	http://iga.in.gov/static-documents/f/a/8/8/fa88c8ee/HB1046.05.ENRS.pdf
Roll Call	http://iga.in.gov/static-documents/0/9/0/2/09020362/HB1046.01.INTR.pdf
Roll Call	http://iga.in.gov/static-documents/4/3/f/0/43f076fa/HB1046.79.pdf
Roll Call	http://iga.in.gov/static-documents/e/a/8/7/ea873073/HB1046.80.pdf
Roll Call	http://iga.in.gov/static-documents/4/d/a/b/4dab5714/HB1046.81.pdf
Roll Call	http://iga.in.gov/static-documents/3/3/2/3/332335bd/HB1046.114.pdf
Roll Call	http://iga.in.gov/static-documents/c/5/7/b/c57bfb74/HB1046.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/4/7/9/4/47944727/HB1046.03.COMS.pdf
Roll Call	http://iga.in.gov/static-documents/9/3/8/0/9380482e/HB1046.217.pdf
Roll Call	http://iga.in.gov/static-documents/6/0/d/5/60d58d7a/HB1046.218.pdf
Roll Call	http://iga.in.gov/static-documents/8/7/4/8/874822ee/HB1046.250.pdf
Roll Call	http://iga.in.gov/static-documents/e/b/3/5/eb355596/HB1046.352.pdf