HB 1035 Summary

• Counties may 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.

• Qualified locations include 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 on brownfields.

• Exemptions apply to vehicles used at new logistics enterprises commencing operations after December 31, 2011, or vehicles added to an existing logistics enterprise fleet after December 31, 2011.

• Tax exemptions are available for registration years beginning after December 31, 2011, and ending before January 1, 2017.

• Indiana economic development corporation must certify owner eligibility for exemptions; businesses that relocate existing Indiana operations outside qualified locations to qualified locations are disqualified.