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IN HB1295

Bill

Official Source

Status

Introduced

1/11/2012

Primary Sponsor

Robert Cherry

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Exempts components of farm drainage systems (drainage tubing, tiles, and related control systems) from Indiana state sales tax when purchased by farmers
  • Exempts equipment used to install, repair, or maintain farm drainage systems from state sales tax when acquired by individuals engaged in agricultural business
  • Effective date of July 1, 2012
  • Amends Indiana Code section 6-2.5-5-45

Legislative Description

Exemption of farm drainage components from sales tax.

Last Action

First reading: referred to Committee on Ways and Means

1/11/2012

Full Bill Text

No bill text available