Bill Title: Definition of adjusted gross income. Eliminates the adjustment based on the federal deduction for amounts spent on certain depreciable property under Section 179 of the Internal Revenue Code in the definition of "adjusted gross income" for purposes of the Indiana adjusted gross income tax and the financial institutions tax. Eliminates the add back of the federal deduction for domestic production activities under Section 199 of the Internal Revenue Code in the definition of "adjusted gross income" for purposes of the Indiana adjusted gross income tax and the financial institutions tax.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-01-13 - First Reading: referred to Committee on Ways and Means [HB1347 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-01-13	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1347

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1347 currently on file.

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