SB 158 IN
Lake County rounding of local taxes pilot program.
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Summary
Establishes the Lake County rounding of local taxes pilot program. Requires a local unit to round a tax amount payable to the local unit: (1) downward in the case of a tax amount with one, two, six, or seven in the second decimal place to the next amount divisible by $0.05; or (2) upward in the case of a tax amount with three, four, eight, or nine in the second decimal place to the next amount divisible by $0.05.
Sponsor (1)
- Dan Dernulc Republican · author
Action history (2)
- Jan 5, 2026 Authored by Senator Dernulc · upper
- Jan 5, 2026 First reading: referred to Committee on Tax and Fiscal Policy · upper
Subjects
COUNTIES; LakeLOCAL GOVERNMENT; GenerallyTAXES; Local Income Taxes
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