IN SB0589 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 5-0)
Status: Enrolled on April 21 2011 - 75% progression, died in chamber
Action: 2011-04-25 - House advisors appointed: Espich, Cherry, Baird, Pelath, Goodin and Tyler
Text: Latest bill text (Engrossed) [HTML]
Status: Enrolled on April 21 2011 - 75% progression, died in chamber
Action: 2011-04-25 - House advisors appointed: Espich, Cherry, Baird, Pelath, Goodin and Tyler
Text: Latest bill text (Engrossed) [HTML]
Summary
Makes the following changes to economic development programs and tax provisions: (1) Makes the economic development study committee a four year committee that expires December 31, 2014, and provides for certain studies. (2) Requires the Indiana economic development corporation (IEDC) to collaborate with local economic development organizations and submit an annual report to the study committee regarding collaboration. (3) Requires the state board of education, the commission for higher education, and the department of workforce development to work together to develop entrepreneurship education programs for elementary and secondary education, higher education, and individuals in the work force. (4) Requires the IEDC to conduct a statewide study to determine specific economic sectors that should be emphasized by the state and by local economic development organizations within geographic regions in Indiana. (5) Provides that a claim for a sales tax refund must be filed within 18 months if the claim is based on the predominant use of electrical energy, natural or artificial gas, water, steam, and steam heat by certain businesses or based on the sales tax exemption for these services or commodities. (6) Decreases the corporate income tax rate from 8.5% to 6.5% over four years. (7) Provides that the adjusted gross income tax and financial institutions tax (for credit unions and investment companies) apply to interest on state and local bonds that are issued by a state other than Indiana or issued by a political subdivision of such a state. (8) Revises the attribution rules applicable to business income and sales receipts from certain intangibles under the adjusted gross income tax. (9) Eliminates the carry back of net operating losses under the adjusted gross income tax. (10) Extends the time in which a person must file an amended Indiana adjusted gross income tax return to reflect modifications made in a federal income tax return. (11) Prohibits the department of state revenue from taking an action to collect a protested listed tax until the later of the time to file a tax appeal has expired or a final decision is made in a tax appeal. (12) Requires higher education institutions to expand technology and innovation commercialization programs. (13) Provides that in the case of a county that becomes a member of a regional development authority (other than the northwest Indiana regional development authority) after June 30, 2011, and before July 1, 2013, the county may impose an additional county economic development income tax at a rate of 0.025% (rather than 0.05%, under current law). (14) Removes outdated individual income tax adjustments. (15) Requires a study of ways to reduce fraud and abuse of the Indiana earned income tax credit and all aspects of phasing out the state inheritance tax. (16) Allows counties that are more than two years behind on issuing tax bills to petition the department of local government finance to postpone the deadline for paying the first installment on a 2011 provisional property tax statement. (17) Provides that the tobacco products tax on moist snuff is based on the weight of the moist snuff and calculated at the rate of $0.38 per ounce. (18) Extends the time in which the city of Marion or a second class may establish a professional sports development area. (19) Permits a person who received an overpayment of unemployment compensation to repay the excess over 36 months. (20) Eliminates provisions requiring certain projects in a community revitalization enhancement district be approved by an advisory commission.
Title
Economic development and state tax matters.
Sponsors
Sen. Ronnie Alting [R] | Sen. Ed Charbonneau [R] | Sen. Brandt Hershman [R] | Sen. Howard Kenley [R] |
Sen. Dennis Kruse [R] |
Roll Calls
2011-04-21 - House - House - Third reading: passed (Y: 62 N: 34 NV: 0 Abs: 4) [PASS]
2011-04-20 - House - House - Amendment 20 (Tyler), prevailed (Y: 93 N: 0 NV: 4 Abs: 3) [PASS]
2011-04-20 - House - House - Amendment 2 (Goodin), prevailed (Y: 89 N: 0 NV: 8 Abs: 3) [PASS]
2011-04-20 - House - House - Amendment 18 (Crawford), failed (Y: 39 N: 57 NV: 1 Abs: 3) [FAIL]
2011-04-20 - House - House - Amendment 11 (Welch), failed (Y: 41 N: 51 NV: 4 Abs: 4) [FAIL]
2011-04-20 - House - House - Amendment 14 (Turner), prevailed (Y: 62 N: 30 NV: 3 Abs: 5) [PASS]
2011-02-22 - Senate - Senate - Third reading: passed (Y: 39 N: 10 NV: 0 Abs: 0) [PASS]
House - House - Roll Call 630 (Y: 57 N: 37 NV: 2 Abs: 4) [PASS]
House - House - Roll Call 610 (Y: 38 N: 57 NV: 2 Abs: 3) [FAIL]
2011-04-20 - House - House - Amendment 20 (Tyler), prevailed (Y: 93 N: 0 NV: 4 Abs: 3) [PASS]
2011-04-20 - House - House - Amendment 2 (Goodin), prevailed (Y: 89 N: 0 NV: 8 Abs: 3) [PASS]
2011-04-20 - House - House - Amendment 18 (Crawford), failed (Y: 39 N: 57 NV: 1 Abs: 3) [FAIL]
2011-04-20 - House - House - Amendment 11 (Welch), failed (Y: 41 N: 51 NV: 4 Abs: 4) [FAIL]
2011-04-20 - House - House - Amendment 14 (Turner), prevailed (Y: 62 N: 30 NV: 3 Abs: 5) [PASS]
2011-02-22 - Senate - Senate - Third reading: passed (Y: 39 N: 10 NV: 0 Abs: 0) [PASS]
House - House - Roll Call 630 (Y: 57 N: 37 NV: 2 Abs: 4) [PASS]
House - House - Roll Call 610 (Y: 38 N: 57 NV: 2 Abs: 3) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2011-04-25 | House advisors appointed: Espich, Cherry, Baird, Pelath, Goodin and Tyler | |
2011-04-25 | House conferees appointed: Turner and Crawford | |
2011-04-25 | Senate advisors appointed: Kenley, Hume and Charbonneau | |
2011-04-25 | Senate conferees appointed: Hershman and Skinner | |
2011-04-25 | Senate dissented from House amendments | |
2011-04-21 | Returned to the Senate with amendments | |
2011-04-21 | Third reading: passed; Roll Call 631: yeas 62, nays 34 | |
2011-04-20 | Amendment 20 (Tyler), prevailed; Roll Call 611: yeas 93, nays 0 | |
2011-04-20 | Amendment 3 (Pelath), ruled out of order | |
2011-04-20 | Amendment 7 (DeLaney), failed; Roll Call 610: yeas 38, nays 57 | |
2011-04-20 | Amendment 2 (Goodin), prevailed; Roll Call 609: yeas 89, nays 0 | |
2011-04-20 | Amendment 18 (Crawford), failed; Roll Call 608: yeas 39, nays 57 | |
2011-04-20 | Amendment 11 (Welch), failed; Roll Call 607: yeas 41, nays 51 | |
2011-04-20 | Amendment 12 (Turner), prevailed; voice vote | |
2011-04-20 | Amendment 14 (Turner), prevailed; Roll Call 606: yeas 62, nays 30 | |
2011-04-20 | Amendment 15 (Turner), withdrawn | |
2011-04-20 | Amendment 13 (Turner), ruled out of order | |
2011-04-20 | Second reading: amended, ordered engrossed | |
2011-04-13 | Committee report: amend do pass, adopted | |
2011-03-28 | First reading: referred to Committee on Ways and Means | |
2011-02-22 | Cosponsors: Reps. Crouch, Espich and Welch | |
2011-02-22 | House sponsor: Rep. Turner | |
2011-02-22 | Referred to the House | |
2011-02-22 | Third reading: passed; Roll Call 252: yeas 39 and nays 10 | |
2011-02-21 | Senator Kruse added as coauthor | |
2011-02-21 | Senator Charbonneau added as third author | |
2011-02-21 | Senator Kenley added as second author | |
2011-02-21 | Senator Charbonneau removed as second author | |
2011-02-21 | Amendment 10 (Hershman), prevailed; | |
2011-02-21 | Amendment 9 (Hershman), prevailed; | |
2011-02-21 | Second reading: amended, ordered engrossed | |
2011-02-17 | Committee report: amend do pass, adopted | |
2011-02-08 | Senator Alting added as coauthor | |
2011-01-27 | Senator Charbonneau added as second author | |
2011-01-20 | First reading: referred to Committee on Tax and Fiscal Policy | |
2011-01-20 | Authored by Senator Hershman |