Loading chat...
IN HB1491
Bill
Status
1/14/2015
Primary Sponsor
Timothy Harman
Click for details
AI Summary
-
Applies a temporary county adjusted gross income tax to Elkhart County and Marshall County at rates of 0.15%, 0.2%, or 0.25% to finance, construct, and equip jail facilities, juvenile court facilities, and other criminal justice facilities, including related buildings and parking.
-
Once construction of jail facilities is completed and all bonds and leases are fully paid, Marshall County's tax rate shall be reduced so revenue does not exceed the costs of operating and maintaining the jail facilities.
-
Tax revenues must be deposited in a criminal justice facilities revenue fund and used only for purposes specified in the bill; remaining funds after tax termination transfer to the county highway fund.
-
The department of state revenue must notify taxpayers by registered or certified mail at least 60 days before reporting unpaid tax assessments to credit reporting agencies, effective July 1, 2015.
-
Bond and lease terms may not exceed 20 years.
Legislative Description
County adjusted gross income tax. Provides that, when construction of jail facilities are complete and bonds and leases are fully paid, the county adjusted gross income tax rate in Marshall County shall be established at a rate such that the revenue from the tax does not exceed the costs of operating and maintaining the jail facilities. Provides that the department of state revenue shall notify a taxpayer by registered or certified mail at least sixty (60) days before the department may report a taxpayer's unpaid tax assessment to a credit reporting agency.
Last Action
First Reading: referred to Committee on Ways and Means
1/14/2015