IN SB0359

Legislative Description

Sales tax exemption for data warehouse equipment. Provides a state sales tax exemption for the sale or lease of certain enterprise information technology equipment. Requires that the investment in the equipment must be at least $100,000,000. Specifies that the investment must be in a high technology district area established by a municipality or county fiscal body. Requires that the application for exemption must be reviewed by the Indiana economic development corporation (IEDC). Provides that the IEDC may approve or deny an application by an eligible business for a sales tax exemption, or the IEDC may approve the application, but reduce

Last Action

Committee Referrals