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IN HB1110
Bill
Status
3/2/2016
Primary Sponsor
Todd Huston
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AI Summary
Legislative Description
Supplemental distributions of local income tax. Requires the budget agency, before May 1, 2016, to make supplemental distributions from a county's adjusted gross income tax trust account, county option income tax trust account, or county economic development income tax trust account equal to: (1) the amount of the balance in the county trust account on December 31, 2014, as determined by the budget agency; minus (2) any supplemental distribution made under current law to the county in January 2016. Provides that the office of management and budget (OMB) and the department of local government finance (DLGF) shall determine the allocation
Last Action
Senate advisors appointed: Miller Pete, Randolph Lonnie M and Eckerty
3/3/2016