IN HB1121 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Passed on March 13 2024 - 100% progression
Action: 2024-03-13 - Public Law 137
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Passed on March 13 2024 - 100% progression
Action: 2024-03-13 - Public Law 137
Text: Latest bill text (Enrolled) [PDF]
Summary
Local income taxes. Extends the expiration of provisions concerning a county with a single voting bloc and the allocation of votes for a local income tax council. Specifies the amount of revenue from a local income tax rate imposed for correctional facilities and rehabilitation facilities in a county that may be used for operating expenses of those facilities. Allows a county fiscal body to adopt a local income tax rate for an acute care hospital located in the county to be used only for the operating expenses of the acute care hospital. Provides that, for the purpose of distributing the local income tax (LIT), if two or more school corporations or civil taxing units merge or consolidate to form a single school corporation or civil taxing unit, the school corporation or civil taxing unit is entitled to the combined pro rata distribution of the LIT revenue allocated to each applicable school corporation or civil taxing unit in existence on January 1 of the immediately preceding calendar year prior to the merger or consolidation. Provides that the department of local government finance shall make certain adjustments pertaining to the distribution of LIT for Floyd County in 2025, which provide that the Highlander Fire Protection District (district) shall receive an amount equal to the combined distribution that would have been distributed to the Greenville Fire Protection District (FPD) and the Lafayette Fire Protection District (FPD) in 2024, but for their elimination resulting from the merger to establish the district. Requires corresponding adjustments in 2025 to reduce the distribution for each applicable civil taxing unit and school corporation in Floyd County, excluding the district, by an amount that equals the proportionate share of the amount of LIT received in 2024 of the combined distribution that would have been distributed to the Greenville FPD and the Lafayette FPD in 2024, but for their elimination. Provides that funds accumulated from a Perry County special purpose tax rate to construct or improve the county jail after the redemption of bonds issued or final payment of lease rentals due under a lease shall be transferred to a county capital project fund to be used to finance capital projects within Perry County. (Current law specifies that such remaining funds are to be transferred to the county jail operations fund to be used for financing the maintenance and operations of the Perry County detention center.) Allows Grant County, under specified circumstances, to adopt an ordinance to impose a special purpose local income tax rate to fund and finance the construction of a county jail. Provides, for purposes of calculating distributions of the financial institutions tax to local taxing units, how to calculate distributions for a taxing unit that did not receive distributions in 2012 because the unit was subsequently established from the merger or consolidation of two or more taxing units that received distributions from the financial institutions tax fund in 2012. Provides, for purposes of calculating qualified distributions of the commercial motor vehicle excise tax to local taxing units, how to calculate base revenue distributions for a taxing unit that did not receive a base revenue distribution in 2001 because the taxing unit was subsequently established from the merger or consolidation of two or more taxing units that received base revenue distributions in 2001. Provides that, for purposes of determining the apportionment or distribution of the motor vehicle excise tax, that the county auditor may make adjustments to reflect the merger or consolidation of two or more taxing units. Authorizes Knox County to impose its innkeeper's tax at a rate of 8% (instead of 6% under current law). Provides that, if the tax rate is increased to more than 6%, the portion of the tax rate that exceeds 6% expires on December 31, 2045. Authorizes the city of Hammond to impose a food and beverage tax. Authorizes the town of Cicero to impose a food and beverage tax.
Title
Local income taxes.
Sponsors
| Rep. Jeffrey Thompson [R] | Rep. Edward Clere [R] | Rep. Robert Cherry [R] | Sen. Travis Holdman [R] |
| Sen. Lonnie Randolph [D] |
Roll Calls
2024-03-08 - House - House - House concurred in Senate amendments (Y: 81 N: 13 NV: 5 Abs: 1) [PASS]
2024-03-04 - Senate - Senate - Third reading (Y: 41 N: 7 NV: 1 Abs: 1) [PASS]
2024-01-30 - House - House - Third reading (Y: 67 N: 29 NV: 1 Abs: 3) [PASS]
2024-03-04 - Senate - Senate - Third reading (Y: 41 N: 7 NV: 1 Abs: 1) [PASS]
2024-01-30 - House - House - Third reading (Y: 67 N: 29 NV: 1 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-13 | House | Public Law 137 |
| 2024-03-13 | House | Signed by the Governor |
| 2024-03-12 | Senate | Signed by the President of the Senate |
| 2024-03-11 | Senate | Signed by the President Pro Tempore |
| 2024-03-11 | House | Signed by the Speaker |
| 2024-03-08 | House | House concurred in Senate amendments; Roll Call 352: yeas 81, nays 13 |
| 2024-03-08 | House | Motion to concur filed |
| 2024-03-06 | Senate | Senator Mishler added as advisor |
| 2024-03-05 | Senate | Senate advisors appointed: Hunley and Baldwin |
| 2024-03-05 | Senate | Senate conferees appointed: Holdman and Qaddoura |
| 2024-03-05 | House | House advisors appointed: Clere, Cherry, Mayfield, Judy and Harris |
| 2024-03-05 | House | House dissented from Senate amendments |
| 2024-03-05 | House | House conferees appointed: Thompson and Porter |
| 2024-03-05 | House | Motion to dissent filed |
| 2024-03-05 | Senate | Returned to the House with amendments |
| 2024-03-04 | Senate | Third reading: passed; Roll Call 252: yeas 41, nays 7 |
| 2024-02-29 | Senate | Second reading: amended, ordered engrossed |
| 2024-02-29 | Senate | Amendment #1 (Holdman) prevailed; voice vote |
| 2024-02-27 | Senate | Committee report: amend do pass, adopted |
| 2024-02-15 | Senate | Senator Randolph added as cosponsor |
| 2024-02-07 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
| 2024-01-31 | House | Referred to the Senate |
| 2024-01-30 | House | Third reading: passed; Roll Call 82: yeas 67, nays 29 |
| 2024-01-30 | House | Senate sponsor: Senator Holdman |
| 2024-01-29 | House | Second reading: amended, ordered engrossed |
| 2024-01-29 | House | Amendment #2 (Porter) failed; voice vote |
| 2024-01-29 | House | Amendment #1 (Thompson) prevailed; Division of the House: yeas 61, nays 37 |
| 2024-01-25 | House | Committee report: amend do pass, adopted |
| 2024-01-23 | House | Representative Cherry added as coauthor |
| 2024-01-22 | House | Representative Clere added as coauthor |
| 2024-01-08 | House | First reading: referred to Committee on Ways and Means |
| 2024-01-08 | House | Authored by Representative Thompson |
