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SB 325 IN

State sales tax.

IN · session 2022 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 11, 2022

Latest action (Jan 11, 2022) First reading: referred to Committee on Tax and Fiscal Policy

Summary

Requires the department of state revenue (department) to implement a sales tax holiday beginning July 15, 2022, through July 31, 2022, during which an item of tangible personal property sold in a retail transaction shall be exempt from the state gross retail tax. Requires the department, after the conclusion of the sales tax holiday, to submit a report summarizing the department's implementation of the sales tax holiday and the fiscal impact of the sales tax holiday to the legislative council and to the interim study committee on fiscal policy.

Sponsor (1)

Action history (2)
  1. Jan 11, 2022 Authored by Senator Holdman · upper
  2. Jan 11, 2022 First reading: referred to Committee on Tax and Fiscal Policy · upper
Subjects
SALES AND USE TAXES

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 Senate Bill (S) · Jan 10, 2022 · PDF

Full text

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