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IN SB0323
Bill
Status
3/24/2016
Primary Sponsor
Brandt Hershman
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AI Summary
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Legislative services agency must study combined reporting approach to income apportionment and transfer pricing issues under adjusted gross income tax law, with report due to legislative council and fiscal policy committee before October 1, 2016.
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Report must include review of combined reporting practices in other states, administrative implementation costs, existing studies and reports, fiscal impact estimate for Indiana, and transfer pricing issues analysis.
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Interim study committee on fiscal policy must hold at least one public hearing where legislative services agency presents study results.
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Legislative council urged to assign interim study committee to examine local government reliance on gaming tax revenues, economic development payments, revenue sharing practices, riverboat competitiveness factors, and wagering tax rate competitiveness effects.
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Legislative council urged to assign interim study committee to examine Centers for Medicare and Medicaid Services requirements for home and community-based settings, impacts on Indiana waiver services, fiscal impacts, and billing methodology changes for facility-based habitation services.
Legislative Description
Legislative studies. Requires the legislative services agency to: (1) study the combined reporting approach to apportioning income and transfer pricing for income tax purposes; and (2) report the results of the study before October 1, 2016, to the legislative council and to the interim study committee on fiscal policy. Requires the interim study committee on fiscal policy to hold at least one public hearing at which the legislative services agency presents the results of the study. Urges the legislative council to assign an interim study committee certain study topics related to gaming and . Urges the legislative council to assign
Last Action
Public Law 185
3/24/2016