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IN HB1460

Bill

Official Source

Status

Introduced

1/24/2017

Primary Sponsor

Robert Morris

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Adds new section IC 6-2.5-5-51 to provide a sales tax exemption for firearms and ammunition in Indiana.

  • Defines "firearm" as a shotgun, rifle, pistol, revolver, or other handgun.

  • Defines "ammunition" as cartridges and shotgun shells for use in a firearm.

  • Exempts all transactions involving the sale of firearms or ammunition from Indiana's state gross retail tax.

  • Effective date: July 1, 2017.

Legislative Description

Sales tax exemption for firearms and ammunition. Provides a sales tax exemption for transactions involving firearms and ammunition.

Last Action

First reading: referred to Committee on Ways and Means

1/24/2017

Committee Referrals

Ways and Means1/24/2017

Full Bill Text

No bill text available