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]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2016-01-07	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana SB0249

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana SB0249 currently on file.

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