HB 1139 Summary

• Creates sales tax exemption for electricity, oil, gas, coal, propane, and other fuels sold to residential dwellings and rental housing users for heating, power, and light purposes.

• Removes expired references to home energy assistance exemption that ended July 2, 2009, and repeals IC 6-2.5-5-16.5.

• Authorizes the Department of State Revenue to establish streamlined procedures minimizing exemption certificate requirements and record-keeping burdens for retailers.

• Allows the department to establish apportionment procedures for buildings with both residential and commercial users served by a single master meter.

• Effective July 1, 2010, with the exemption applying only to charges collected on original statements and billings dated after July 31, 2010.