SB 393 IN
Graduate retention incentives.
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Summary
Provides for an exemption from the adjusted gross income tax for up to five years for an individual who graduates from a public or private four year college or university if the individual accepts a full-time position of employment in Indiana after graduation. Provides that if an individual leaves a full-time position in Indiana and subsequently accepts another full-time position in Indiana, the exemption carries over for the balance of the five year period. Provides that the department of state revenue shall prescribe a form requiring the Indiana employer to notify the department if the individual leaves employment with the Indiana employer before the end of the five year exemption.
Sponsor (1)
- Linda Rogers Republican · author
Action history (2)
- Jan 19, 2023 Authored by Senator Rogers · upper
- Jan 19, 2023 First reading: referred to Committee on Tax and Fiscal Policy · upper
Text versions (1)
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