SB 228 IN

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Became Law

Amends the economic threshold for sales tax nexus to remove the number of sales transactions in the state as one of the two current triggers that require retail merchants to collect and remit sales tax. Allows a retail merchant that receives 75% or more of its receipts from the sale of prepared food to elect to claim a sales tax exemption on transactions involving electricity equal to 50% of the tax imposed on the transactions. Makes certain changes to statutes of limitations provisions. Requires sheriffs to transfer funds collected through executions of tax warrants twice a month electronically through the department of state revenue (department) payment portal. Specifies that the service of process fee for postjudgment service can only be assessed one time per case. Authorizes the department to disclose a taxpayer's name and other personal identification information with a tax preparer or tax preparation software provider in cases where the department suspects that a fraudulent return has been filed on behalf of a taxpayer and that the system of a taxpayer's previous year tax preparer or tax preparation software provider has been breached. Specifies the pass through entity tax liability for pass through entities in certain circumstances. Repeals an outdated provision that requires an owner of a truck stop to obtain a license from the department. Reorganizes certain retail merchant certificate provisions. Makes clarifying and technical changes.

• Travis Holdman Republican · author
• Scott Baldwin Republican · author
• Jeffrey Thompson Republican · sponsor

1. Jan 10, 2024 First reading: referred to Committee on Tax and Fiscal Policy · upper
2. Jan 10, 2024 Authored by Senator Holdman · upper
3. Jan 30, 2024 Committee report: do pass, adopted · upper
4. Feb 1, 2024 Second reading: ordered engrossed · upper
5. Feb 1, 2024 Senator Randolph added as coauthor · upper
6. Feb 5, 2024 Senator Baldwin added as second author · upper
7. Feb 5, 2024 House sponsor: Representative Thompson · upper
8. Feb 5, 2024 Third reading: passed; Roll Call 110: yeas 47, nays 1 · upper
9. Feb 5, 2024 Cosponsor: Representative Cherry · upper
10. Feb 6, 2024 Referred to the House · upper
11. Feb 12, 2024 First reading: referred to Committee on Ways and Means · lower
12. Feb 27, 2024 Committee report: do pass, adopted · lower
13. Feb 29, 2024 Second reading: ordered engrossed · lower
14. Mar 4, 2024 Third reading: passed; Roll Call 266: yeas 98, nays 0 · lower
15. Mar 5, 2024 Returned to the Senate without amendments · lower
16. Mar 7, 2024 Signed by the President Pro Tempore · upper
17. Mar 11, 2024 Signed by the Speaker · lower
18. Mar 12, 2024 Signed by the President of the Senate · upper
19. Mar 13, 2024 Signed by the Governor · executive
20. Mar 13, 2024 Public Law 118 · upper

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.

• Enrolled Senate Bill (S) · PDF
• Senate Bill (S) · PDF
• Senate Bill (H) · PDF
• Introduced Senate Bill (S) · PDF