HB 1296 IN

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Establishes the Indiana foreign electronic transfer fees property tax relief fund (fund) for the purpose of issuing property tax relief rebates to individuals who qualify for the over 65 property tax credit. Provides that the department of state revenue administers the fund. Requires the sender of a money transmission transaction to pay a fee if the recipient of the money is located outside of the United States. Provides a tax credit for an individual who: (1) is a citizen or national of the United States, or is an alien who has lawful permanent resident status or conditional permanent resident status; and (2) paid any fees for a money transmission transaction during the taxable year. Makes an appropriation.

• Mike Speedy · author

1. Jan 10, 2024 Coauthored by Representative Haggard · lower
2. Jan 10, 2024 Authored by Representative Speedy · lower
3. Jan 10, 2024 First reading: referred to Committee on Ways and Means · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced House Bill (H) · PDF