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IN HB1129

Bill

Official Source

Status

Introduced

1/9/2014

Primary Sponsor

Terry Goodin

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Provides state sales and use tax refunds to building owners located in federally-declared disaster counties for building materials purchased after a disaster occurring after December 31, 2011
  • Applies to materials used to repair damaged buildings or construct new buildings to replace destroyed structures, purchased by the owner or their contractor
  • Refund amount equals the full gross retail tax and use tax paid on building material purchases
  • Requires refund claims be filed with the department within three (3) years of the disaster occurrence on a state tax return with information the department determines necessary
  • Owner receiving refund has no obligation to reimburse tax collectors, contractors, or subcontractors who originally paid the sales and use tax

Legislative Description

Sales tax refunds in disaster areas.

Last Action

First Reading: Referred to Ways and Means

1/9/2014

Committee Referrals

Ways and Means1/9/2014

Full Bill Text

No bill text available