Bill Text: IN SB0039 | 2011 | Regular Session | Engrossed
Bill Title: Tax structure study.
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2011-05-18 - Effective 05/09/2011 [SB0039 Detail]
Download: Indiana-2011-SB0039-Engrossed.html
Citations Affected: Noncode.
Synopsis: Tax structure study. Requires the commission on state tax
and financing policy to study how the Indiana income tax structure,
including existing and potentially new income tax credits and
deductions, may influence a senior's decision on residency in Indiana
after retirement. Requires the commission to study whether each of the
local option income taxes affect the ability of political subdivisions to
provide services to (1) a facility that employs a significant number of
individuals who reside in another county; and (2) the individuals who
reside outside the county and commute to jobs at the facility. Requires
the commission to study whether political subdivisions should be
provided additional financing options for providing such services.
Requires the commission to study how local option income taxes
should be distributed within a county to local units of government.
Effective: Upon passage.
(HOUSE SPONSORS _ CLERE, KOCH, BURTON, KERSEY, MOSES, CHERRY)
January 5, 2011, read first time and referred to Committee on Appropriations.
January 27, 2011, amended, reported favorably _ Do Pass.
January 31, 2011, read second time, ordered engrossed.
February 3, 2011, engrossed. Read third time, passed. Yeas 48, nays 0.
March 28, 2011, read first time and referred to Committee on Ways and Means.
April 13, 2011, amended, reported _ Do Pass.
April 15, 2011, read second time, amended, ordered engrossed.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
A BILL FOR AN ACT concerning taxation.
(b) The commission shall study the following:
(1) How the Indiana income tax structure, including existing and potentially new income tax credits and deductions, may influence a senior's decision on residency in Indiana after retirement.
(2) How each of the local option income taxes imposed under IC 6-3.5 affects the ability of political subdivisions to provide services to:
(A) a facility that employs a significant number of individuals who reside outside the county in which the facility is located; and
(B) the individuals who reside outside the county in which a facility described in clause (A) is located and commute to a job at that facility.
(3) Whether counties and other political subdivisions should
be provided additional financing options for providing
services to the facilities and individuals described in
subdivision (2).
(4) How local option income taxes should be distributed
within a county to local units of government.
(c) The commission shall report its findings and
recommendations to the legislative council before November 1,
2011.
(d) This SECTION expires January 1, 2012.