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IN HR0007

Resolution

Official Source

Status

Passed

1/28/2019

Primary Sponsor

Christopher Judy

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

  • Urges the Indiana Legislative Council to assign the topic of "Fair Tax" at the state level to an appropriate committee for study
  • Fair Tax is a sales tax proposal intended to replace the current income tax structure
  • The federal Fair Tax model would eliminate personal and corporate income taxes, as well as taxes on gifts, estates, capital gains, alternative minimum tax, Social Security, Medicare, and self-employment
  • Resolution cites concerns that the current tax system is complex, unfair, and discourages saving, investment, and job creation
  • Non-binding resolution that requests further study of whether a state-level Fair Tax plan could benefit Indiana residents

Legislative Description

Urging the legislative council to assign to the appropriate committee the topic of Fair Tax at the state level.

Last Action

First reading: adopted voice vote

1/28/2019

Full Bill Text

No bill text available