Loading chat...
IN HB1096
Bill
Status
1/5/2017
Primary Sponsor
Charles Burton
Click for details
AI Summary
-
Municipal legislative bodies may adopt an ordinance to impose a food and beverage tax at a rate not to exceed 1% of gross retail income from food and beverage transactions, imposed in increments of 0.25%.
-
Tax does not apply to consolidated cities, municipalities already imposing a food and beverage tax under existing law, or municipalities receiving county food and beverage tax revenue.
-
Tax does not apply to transactions exempt from state gross retail tax and does not include state or county taxes already imposed on the transaction.
-
Municipalities may use revenue for property tax reduction, debt service, capital projects, road maintenance, interlocal agreements, or operating expenses; revenue cannot reduce property tax levies under state formula.
-
Effective July 1, 2017; tax is classified as a "listed tax" under Indiana Code and is added to the list of taxes administered by the Department of State Revenue.
Legislative Description
Uniform municipal food and beverage tax. Authorizes a municipal legislative body to impose by ordinance a municipal food and beverage tax. Provides that the tax may not exceed 1% of the gross retail income received from retail food and beverage transactions. Provides that the tax does not apply to a transaction that is exempt from the sales tax. Provides that the tax does not apply to a consolidated city, a municipality that has imposed a food and beverage tax under current law, or a municipality that is receiving county food and beverage tax revenue.
Last Action
Representatives Leonard and DeLaney added as coauthors
1/12/2017