SB 383

  • Indiana Senate Bill
  • 2021 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 22, 2021
  • Passed House Apr 01, 2021
  • Signed by Governor Apr 29, 2021

Various tax matters.

Bill Subjects

Taxes Generally

Abstract

Requires a corporation with gross income of more than $1,000,000 to file its corporate income tax return in an electronic manner specified by the department of state revenue (department). Provides a sales tax exemption for a utility scale battery energy storage system. Provides a sales tax exemption for public safety equipment and materials. Provides certain procedures for reporting federal partnership audit adjustments for purposes of the state adjusted gross income tax and financial institutions tax in order to conform with changes in federal law. Provides that the department may prescribe procedures: (1) by which a pass through entity remits tax; (2) for persons or entities that are otherwise subject to withholding but that may have circumstances such that standard tax computation may result in excess withholding; (3) for individuals and trusts that are residents for part of the taxable year and nonresidents for part of the taxable year; and (4) by which an entity may request alternative withholding arrangements. Requires the daily pari-mutuel breakage on wagers to be paid to the department, instead of the auditor of state, for deposit in the appropriate breed development fund. Requires a utility provider to maintain records sufficient to document each one to one meter change. Allows a person to request that the department reissue an exemption certificate with a new meter number in the event of a one to one meter change. Removes duplicate provisions regarding electronic filing requirements for sales tax and withholding tax remittance. Removes certain unnecessary information currently required for employer withholding tax reporting forms. Specifies that the penalty provisions in current law for failure to make a payment by electronic funds transfer also apply to a failure to make a payment by any other electronic means. Clarifies that an individual's estimated income tax filing and payment requirements include local income taxes. Clarifies the penalty calculation for failure to make estimated tax payments, including estimated utility receipts tax and financial institutions tax payments. Provides that a taxpayer may elect to claim a tax credit against the taxpayer's Indiana adjusted gross income tax liability for the amount of tax that is imposed in a foreign country but not due from the taxpayer under the laws of that foreign country until a tax year after the tax year in which the income subject to the foreign country's tax is included in the taxpayer's Indiana adjusted gross income (provides for retroactive application to tax years beginning after December 31, 2016). Sets a floor on the periodic change in the gasoline tax and the special fuel tax rates each year of not less than the rates in the preceding year. Provides that the fee to register a trailer that is registered under the International Registration Plan (IRP) shall be prorated based on the Indiana mileage percentage of the registrant's trucks and tractors registered under the IRP. Allows the department to release the name and business address of a person that is issued a retail merchant's certificate for the purpose of reporting the status of the person's certificate. Provides that the provision in current law requiring an out-of-state merchant to collect sales tax on retail transactions made in Indiana if certain threshold conditions are met extends to the following: (1) The waste tire management fee. (2) The fireworks public safety fee. (3) The prepaid wireless service charge. Provides that a township trustee casts the deciding vote to break a tie vote in the netownship board, except for a tie vote on increasing the township trustee's compensation. Makes a clarifying change to redevelopment tax credit provisions. Delays the expiration of provisions providing that a local income tax council for a county with a single voting bloc must vote as a whole in order to exercise its authority to increase (but not decrease) a local income tax rate in the county.

Bill Sponsors (6)

Votes


No votes to display

Actions


Apr 29, 2021

Senate

Public Law 159

Office of the Governor

Signed by the Governor

Apr 28, 2021

House

Signed by the Speaker

Senate

Signed by the President of the Senate

Apr 23, 2021

Senate

Signed by the President Pro Tempore

Apr 22, 2021

Senate

Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 493: yeas 49, nays 0

House

Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 505: yeas 69, nays 28

Apr 21, 2021

House

Representative Thompson added as conferee

House

CCR # 1 filed in the House

Senate

CCR # 1 filed in the Senate

House

Representative Porter removed as conferee

Apr 08, 2021

Senate

Senate advisors appointed: Buchanan and Niezgodski

House

House advisors appointed: Leonard, Goodrich and DeLaney

House

House conferees appointed: Brown T and Porter

Senate

Senate conferees appointed: Holdman and Qaddoura

Apr 06, 2021

Senate

Senate dissented from House amendments

Senate

Motion to dissent filed

Apr 01, 2021

House

Third reading: passed; Roll Call 342: yeas 84, nays 5

House

Returned to the Senate with amendments

Mar 30, 2021

House

Amendment #3 (Bauer M) failed; Roll Call 323: yeas 28, nays 65

House

Second reading: amended, ordered engrossed

House

Amendment #4 (DeLaney) prevailed; voice vote

House

Amendment #5 (Slager) prevailed; voice vote

Mar 29, 2021

House

Representative Porter added as cosponsor

House

Representatives Bauer M and DeLaney added as cosponsors

Mar 25, 2021

House

Committee report: amend do pass, adopted

Mar 04, 2021

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Feb 23, 2021

Senate

Referred to the House

Feb 22, 2021

Senate

Third reading: passed; Roll Call 162: yeas 49, nays 0

Senate

House sponsor: Representative Brown T

Feb 18, 2021

Senate

Second reading: amended, ordered engrossed

Senate

Amendment #1 (Holdman) prevailed; voice vote

Feb 16, 2021

Senate

Committee report: amend do pass, adopted

Feb 15, 2021

Senate

Senator Buchanan added as second author

Jan 14, 2021

Senate

Authored by Senator Holdman

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
tax and fiscal policy

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF
Senate Bill (S) PDF
Engrossed Senate Bill (S) PDF
Senate Bill (H) PDF
Engrossed Senate Bill (H) PDF
Enrolled Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0383.06.ENRH.FN001 PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Indiana General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.