Bill Title: State and local taxation. Provides that the minimum valuation applicable to the total amount of a taxpayer's assessable depreciable personal property in a taxing district is reduced incrementally from 30% of the assessed value of the depreciable personal property in the taxing district to 20% over 10 years beginning with the January 1, 2019, assessment date. Eliminates the addbacks of a taxpayer's federal income tax deduction for income attributable to domestic production activities in the definitions of "adjusted gross income" under the adjusted gross income tax law and the financial institutions tax law. Makes technical corrections.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-01-03 - First reading: referred to Committee on Ways and Means [HB1088 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2018-01-03	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1088

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1088 currently on file.

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