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SB 443 IN
Passed One Chamber

Business personal property tax.

IN · session 2025 · Senate · bill

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Introduced Jan 13, 2025

Latest action (Mar 13, 2025) Representative Judy added as cosponsor

Summary

Increases the acquisition cost threshold for the business personal property tax exemption from $80,000 to $100,000.

Sponsors (4)

3 coauthors / cosponsors

Action history (15)

  1. Jan 13, 2025 Authored by Senators Freeman and Garten · upper
  2. Jan 13, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper
  3. Jan 28, 2025 Senator Gaskill added as coauthor · upper
  4. Jan 28, 2025 Committee report: do pass, adopted · upper
  5. Jan 30, 2025 Senator Tomes added as third author · upper
  6. Feb 3, 2025 Senator Randolph added as coauthor · upper
  7. Feb 10, 2025 Senator Randolph removed as coauthor · upper
  8. Feb 11, 2025 Amendment #8 (Freeman) prevailed; voice vote · upper
  9. Feb 11, 2025 Second reading: amended, ordered engrossed · upper
  10. Feb 13, 2025 Senator Koch added as coauthor · upper
  11. Feb 13, 2025 Third reading: passed; Roll Call 127: yeas 39, nays 7 · upper
  12. Feb 13, 2025 House sponsor: Representative Snow · upper
  13. Feb 14, 2025 Referred to the House · upper
  14. Mar 3, 2025 First reading: referred to Committee on Ways and Means · lower
  15. Mar 13, 2025 Representative Judy added as cosponsor · lower
Subjects
AGENCIES; Department of Local Government Finance (DLGF)BUSINESS ORGANIZATIONS AND ASSOCIATIONS; GenerallyTAXES; ExemptionsTAXES; Property Taxes

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