Sunday, July 1, 2012

Laws that Take Effect Today

From the Indianapolis Star:
...

If you pay state income taxes

Income-tax payers can expect some credit on next year's state taxes, to the tune of about $70 per person, according to state budget projections. That's higher than the $50 projected earlier this year.

...

http://www.indystar.com/apps/pbcs.dll/article?AID=2012207010345


From the Northwest Indiana Times:

911 fee — The monthly fee for 911 emergency telephone service increases to $1 for Hoosiers using either wireless or landline phones.
...

School bus fees — School corporations cannot charge a transportation fee for students going to and from school. Fees can be charged for busing to athletics or other extra-curricular programs.
...

Little Calumet River Levees — Most Lake County homeowners will pay a $45 annual fee with their property taxes starting in 2013 to build and maintain flood-control levees on the Little Calumet River. Gov. Mitch Daniels has until Aug. 1 to appoint four additional members to the board overseeing the levee project.

Highway funding — County governments can use property tax revenue to maintain county highways and not just in an emergency.
...

http://www.nwitimes.com/news/local/govt-and-politics/many-new-state-laws-take-effect-sunday/article_95b32e52-00b1-59a0-ab3d-1cb0f25d6999.html


From the Evansville Courier & Press:

Inheritance tax phaseout

SEA 293 would phase out Indiana's inheritance tax over nine years starting in 2013. It also adds a number of exemptions to the current law.

The bill, once fully implemented, is estimated to cut as much as $165 million in state revenue each year.

Indiana is the only state that does not exempt direct descendants' children and grandchildren from paying the inheritance tax. Indiana's neighboring states, Michigan and Ohio, do not have inheritance taxes and Kentucky does not tax on transfers to children.

Government

Two laws will ban local government employees from serving on elected boards that control their salaries and prohibit public officials from hiring relatives they will supervise.

HEA 1005 addresses nepotism and conflict of interest at the local level. HEA 1250 addresses nepotism and conflict of interest at the state level.

HEA 1003 gives the Indiana Commission on Public Records the power to define electronic records and set retention schedules for other types of records.

http://www.courierpress.com/news/2012/jul/01/new-laws-hed-here-and-herpppp/