Wednesday, January 29, 2014

Tribune Reports Bill Proposes Sales Tax Relief on Propane

From the South Bend Tribune:

Indiana state legislators are offering an amendment to Senate Bill 1, which would provide relief to Hoosiers affected by the Midwest propane shortage.
 
The amendment would eliminate the sales tax on any propane bought for more than $2.50 a gallon, beginning Jan. 1. If it becomes law, customers would get a credit on their next propane bill to offset the sales tax already paid. The waiver would be effective through March.
 
Some customers are reporting current rates are in excess of $5 per gallon.