Bill Title: Various tax matters. Provides and modifies sales and use tax exemptions. Provides an income tax deduction for certain amounts a taxpayer included as an item of income in a prior tax year. Specifies that, in determining an Indiana net operating loss deduction, certain modifications to adjusted gross income are not to be applied. Provides that certain professional sports team members or race team members are subject to the local income tax, and that in Marion County this local income tax revenue: (1) must be deposited in a dedicated fund established by its capital improvement board; and (2) is not captured

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Passed) 2017-04-28 - Public Law 239 [SB0515 Detail]

Text: Latest bill text (Enrolled) [PDF]

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