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IN HB1272
Bill
Status
Introduced
1/9/2012
Primary Sponsor
Gregory Steuerwald
Click for details
AI Summary
- Establishes an annual sales tax holiday beginning on the second Friday of August and ending on the following Sunday (three-day period)
- Exempts items of tangible personal property with a sales price of $500 or less from state gross retail tax during the sales tax holiday
- Amends IC 6-2.5-5-45 by adding a new section to the Indiana Code
- Effective April 1, 2012 with retroactive application
- Declares an emergency for the act
Legislative Description
Sales tax holiday.
Last Action
First reading: referred to Committee on Ways and Means
1/9/2012
Full Bill Text
No bill text available