IN HB1243 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2019 - 25% progression, died in committee
Action: 2019-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Vanderburgh County innkeeper's tax. Renames the convention center operating fund established under the Vanderburgh County innkeeper's statute to the convention center operating, capital improvement, and financial incentive fund (fund). Provides that expenditures from the fund for a convention center in Vanderburgh County may only be used for operating expenses, capital improvements, and financial incentives to attract new businesses. Changes the date on which innkeeper's tax revenue deposited in the fund decreases from the amount equal to revenue generated by a 2% innkeeper's tax rate to the amount equal to revenue generated by a 1% innkeeper's tax rate.

Tracking Information

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Title

Vanderburgh County innkeeper's tax. Renames the convention center operating fund established under the Vanderburgh County innkeeper's statute to the convention center operating, capital improvement, and financial incentive fund (fund). Provides that expenditures from the fund for a convention center in Vanderburgh County may only be used for operating expenses, capital improvements, and financial incentives to attract new businesses. Changes the date on which innkeeper's tax revenue deposited in the fund decreases from the amount equal to revenue generated by a 2% innkeeper's tax rate to the amount equal to revenue generated by a 1% innkeeper's tax rate.

Sponsors


History

DateChamberAction
2019-01-10HouseFirst reading: referred to Committee on Ways and Means
2019-01-10HouseAuthored by Representative Sullivan

Indiana State Sources


Bill Comments

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