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IN HB1272

Bill

Status

Introduced

1/9/2012

Primary Sponsor

Gregory Steuerwald

Click for details

Origin

House of Representatives

2012 Regular Session

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