Skip to main content
CivicGate

HB 1448 IN

Sales tax exemption for agricultural equipment.

IN · session 2023 · Assembly / House · bill

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

Introduced Jan 17, 2023

Latest action (Jan 17, 2023) First reading: referred to Committee on Ways and Means

Summary

Provides that a transaction involving a person's acquisition of agricultural machinery, tools, or equipment is exempt from the application of the state gross retail tax regardless of whether the person also intends to use the property for a nonexempt purpose and that such a transaction may not be prorated. Requires the department of state revenue to amend the administrative rules to conform with the provision added by the bill.

Sponsor (1)
3 coauthors / cosponsors

Action history (3)
  1. Jan 17, 2023 Coauthored by Representatives Cherry, Baird, Prescott · lower
  2. Jan 17, 2023 Authored by Representative Culp · lower
  3. Jan 17, 2023 First reading: referred to Committee on Ways and Means · lower
Subjects
AGRICULTURE generallyPROPERTY TAXES, Abatements and ExemptionsREVENUE, DEPARTMENT OFSALES AND USE TAXESTAXES generally

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 17, 2023 · PDF

Full text

The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.

Comments

Comments

Loading comments…

Data from OpenStates. View on OpenStates →