Senate
Bill 0607
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DIGEST
OF INTRODUCED BILL
Taxation of racetrack casinos. Reduces the nominal percentage of racetrack casino slot machine revenues that must be used to support the horse racing industry from 15% to 12% and specifies that the amount is a racing support fee. Recodifies statutes governing the use of the fee. Establishes the Indiana horse racing support fund (IHRSF) for the deposit of the racing support fee. Requires that the fees must be remitted on a daily basis. Subtracts the racing support fees and county slot machine wagering fees from a licensee's adjusted gross receipts for purposes of the slot machine wagering tax. Recodifies amounts formerly subtracted from the 15% of revenue otherwise payable to support horse racing as an addition to a licensee's annual license renewal fee, a tobacco cessation support fee, and an increased gaming integrity fee. Specifies that the annual license renewal fee, tobacco cessation support fee, gaming integrity fee, and problem gambling fee may not be subtracted from a licensee's adjusted gross receipts. Repeals an obsolete definition, obsolete provisions concerning the riverboat subsidy for horse racing that predated the slot machine wagering at the racetracks, the statute requiring a permit holder to use part of the permit holder's slot machine revenue to support the horse racing industry, and the supplemental fee. Appropriates money in the IHRSF to the Indiana horse racing commission. |
Senate
Bill 0608
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DIGEST
OF INTRODUCED BILL
Sales tax exemption and SSUTA compliance. Provides a sales tax exclusion for postage. Revises the sourcing rules under the sales and use tax for advertising and promotional direct mail and other direct mail by creating two distinct categories of direct mail in compliance with the Streamlined Sales and Use Tax Agreement (SSUTA). Adds corresponding definitions. Removes the separate sales tax exemption for blood glucose monitoring equipment and devices that are otherwise covered by the durable medical equipment exemption, under which durable medical equipment is exempt only if sold or rented under a prescription to comply with SSUTA. (The exemption for blood glucose monitoring equipment will require a prescription.) Restates the sales tax exemption for blood glucose monitoring supplies, including measuring strips, lancets, and other similar diabetic supplies, to maintain the current exemption for these supplies regardless of whether they are sold under a prescription. |
Senate
Bill 0613
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DIGEST
OF INTRODUCED BILL
Alternative fuels. Provides for the collection and remittance of the state gross retail tax on alternative fuels. Provides for the imposition of the motor carrier fuel tax upon alternative fuels by imposing the existing rates on the gasoline gallon equivalents of alternative fuel sold. Imposes an excise tax on alternative fuel used as motor fuel. Provides that the alternative fuel decal law does not apply to vehicles other than utility owned vehicles after June 30, 2013, and to utility owned vehicles after March 31, 2014. Imposes a local road impact fee on electric powered motor vehicles that must be paid upon registering an electric powered motor vehicle. Provides that the local road impact fee must be deposited in the local road and street account. |
Senate
Bill 0617
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DIGEST
OF INTRODUCED BILL
Property tax exemptions. Provides that in the case of a nonprofit corporation that: (1) owns multiple parcels of real property in Marion County that are owned, occupied, and used for educational, literary, scientific, religious, or charitable purposes; and (2) failed to timely file a property tax exemption application for one of those parcels for the March 1, 2011, assessment date; the nonprofit corporation is not required to pay any property taxes, penalties, or interest with respect to the parcel for the March 1, 2011, and March 1, 2012, assessment dates if the taxpayer submits an exemption application for the parcel before September 1, 2013, and demonstrates that the parcel would have qualified for an exemption if an exemption application had been filed in a timely manner. |
Senate
Bill 0618
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DIGEST
OF INTRODUCED BILL
Individual adjusted gross income tax. Eliminates the add back to Indiana adjusted gross income for income excluded from gross income under the Internal Revenue Code for a charitable distribution from an Individual Retirement Account. Applies to taxable years beginning after December 31, 2013. |
Senate
Bill 0621
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DIGEST
OF INTRODUCED BILL
Local government issues. Provides that the consolidated law enforcement department of a county having a consolidated city is a division of the department of public safety under the direction and control of the director of public safety. Allows the mayor of a consolidated city to reduce or modify separate items of an ordinance appropriating money or levying a tax. (Under current law, the mayor may only approve or veto separate items of an ordinance appropriating money or levying a tax.) Eliminates the requirement that the city-county council approve the director and deputy director appointments of the mayor of the consolidated city. Eliminates provisions that allow the city-county council to require the capital improvement board of managers to make payments in lieu of taxes (PILOTS) for deposit in the consolidated county fund. Allows the mayor of a consolidated city to appoint two additional members to the metropolitan development commission, and eliminates the appointments of the county board of commissioners (consisting of the county treasurer, county auditor, and county assessor). Allows the controller of the consolidated city and county to allot amounts appropriated to an office, department, or agency of the consolidated city or county. Effective January 1, 2016, reduces the membership of the city- county council from 29 to 25 members by eliminating the members elected at large. Requires a candidate for mayor of the consolidated city to reside in the city for at least two years (instead of five years) before taking office. Requires a candidate for member of the city-county council to reside within the council district for at least one year (instead of two years) before taking office. |
