IN HB1219 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-27 - Representative Criswell added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-27 - Representative Criswell added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Taxation of grain processing equipment. Provides an assessed value deduction for eligible grain processing equipment equal to 100% of the assessed value for assessment dates beginning in 2026. However, limits the deduction to 10 consecutive years in the case of an owner of the equipment who is a grain buyer or warehouse subject to licensing by the Indiana grain buyers and warehouse licensing agency. Provides a sales tax exemption for equipment used in storing, drying, moving, removing, and handling agriculturally cultivated grain crops.
Title
Taxation of grain processing equipment.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-27 | House | Representative Criswell added as coauthor |
2025-01-08 | House | First reading: referred to Committee on Ways and Means |
2025-01-08 | House | Authored by Representative Culp |