HB 1461 Summary

• Allows retail merchants who erroneously paid Indiana sales tax on out-of-state sales to claim refunds up to six months after remitting sales tax to the destination state, rather than the standard three-year deadline.

• Applies to retail transactions properly sourced to another state under Indiana Code 6-2.5-13 where the merchant paid both Indiana and the other state's sales tax.

• Creates a special review period allowing merchants to claim refunds for qualifying transactions made between January 1, 2005, and December 31, 2008, with a deadline of December 31, 2011.

• Amends IC 6-8.1-9-1 to add this extended refund period as an exception to the standard three-year refund claim deadline.

• Declared an emergency measure, effective upon passage.