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IN HB1126
Bill
Status
1/7/2010
Primary Sponsor
Scott Reske
Click for details
AI Summary
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Authorizes counties to adopt ordinances providing temporary exemptions from wheel tax and commercial vehicle excise tax for vehicles owned and used by twenty-first century logistics enterprises at qualified locations.
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Defines "qualified locations" as sites within 3 miles of interstate highways, state highways, airports, ports, freight railroad depots, railroad yards, classification yards, intermodal ports, or commuter rail stations, or sites designated as brownfields.
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Limits exemptions to vehicles used at new logistics enterprises commencing operations after December 31, 2011, or vehicles added to existing enterprise fleets after December 31, 2011 at locations operational before January 1, 2012.
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Restricts exemptions to registration years beginning after December 31, 2011, and ending before January 1, 2017, requiring Indiana Economic Development Corporation certification of owner eligibility.
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Disqualifies businesses that substantially reduce or cease operations outside qualified locations in order to relocate to qualified locations in adopting counties from receiving exemptions.
Legislative Description
Logistics development incentives.
Last Action
First reading: referred to Committee on Ways and Means
1/7/2010