Bill Title: Heavy equipment excise and rental tax. Provides that the owner of a motorized heavy equipment vehicle shall pay a motorized heavy equipment vehicle excise tax (excise tax), instead of the property tax, on the vehicle. Provides that the owner of a motorized heavy equipment vehicle is required to register the vehicle each year with the department of state revenue. Imposes a rental excise tax on the rental of taxable motorized heavy equipment vehicles. Provides a credit against the excise tax equal to the rental excise taxes collected on rentals of taxable motorized heavy equipment vehicles.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-01-07 - First reading: referred to Committee on Tax & Fiscal Policy [SB0249 Detail]

Text: Latest bill text (Introduced) [PDF]

---

PolitiCorps Conversations

Start PolitiCorps Debate

Title	PolitiCorps	Access	Comments	Views	Last Post
There are no visible public or private PolitiCorps discussions concerning the 2016 Indiana SB0249 at this time.

Social Comments on IN SB0249