HB 1219 IN
Taxation of grain processing equipment.
A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →
Summary
Provides an assessed value deduction for eligible grain processing equipment equal to 100% of the assessed value for assessment dates beginning in 2026. However, limits the deduction to 10 consecutive years in the case of an owner of the equipment who is a grain buyer or warehouse subject to licensing by the Indiana grain buyers and warehouse licensing agency. Provides a sales tax exemption for equipment used in storing, drying, moving, removing, and handling agriculturally cultivated grain crops.
Sponsor (1)
- Kendell Culp Republican · author
1 coauthor / cosponsor
- Cory Criswell Republican · coauthor
Action history (3)
- Jan 8, 2025 First reading: referred to Committee on Ways and Means · lower
- Jan 8, 2025 Authored by Representative Culp · lower
- Jan 27, 2025 Representative Criswell added as coauthor · lower
Full text
The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.
Comments
Data from OpenStates. View on OpenStates →
Comments