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HB 1618 IN

Exemption for new business personal property.

IN · session 2023 · Assembly / House · bill

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Introduced Jan 19, 2023

Latest action (Jan 19, 2023) First reading: referred to Committee on Ways and Means

Summary

Provides that for business personal property purchased after December 31, 2023, the total acquisition cost of a taxpayer's total business personal property in a county for an assessment date is exempt from taxation.

Sponsor (1)
3 coauthors / cosponsors

Action history (3)
  1. Jan 19, 2023 Coauthored by Representatives Morrison, Sweet and Hostettler · lower
  2. Jan 19, 2023 Authored by Representative Payne · lower
  3. Jan 19, 2023 First reading: referred to Committee on Ways and Means · lower
Subjects
PROPERTY TAXES generallyPROPERTY TAXES, Abatements and Exemptions

Text versions (1)

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) · Jan 19, 2023 · PDF

Full text

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