SB 419

  • Indiana Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 27, 2023
  • House
  • Governor

State tax matters.


Makes certain changes regarding net operating losses for purposes of determinating state adjusted gross income. Provides that certain amounts for providing or expanding access to broadband service in Indiana may be subtracted from a taxpayer's state corporate adjusted gross income. Provides for successor liability for certain unpaid taxes following a business asset sale. Repeals an outdated provision requiring separate exemption certificates for manufacturers and wholesalers. Makes a clarifying change to the sales tax exemption that applies to power subsidiaries. Clarifies the acquisition date for purposes of adding back interest from tax exempt bonds issued by another state in determining Indiana adjusted gross income. Amends provisions regarding the exemption for certain income derived from patents. Provides that tax paid by an electing partnership is deposited in the state general fund. Makes clarifying changes and technical corrections to the affordable and workforce housing tax credit. Specifies the deposit and distribution of interest and penalties associated with certain taxes. Authorizes the department of state revenue to publish or disclose the status of a governmental or nonprofit entity's sales tax exemption certificate. Provides that a person who knowingly or intentionally sells, purchases, installs, transfers, or possesses: (1) an automated sales suppression device or a zapper; or (2) phantom-ware; commits a Level 5 felony. Makes clarifying and technical corrections to provisions under the electronic cigarette tax.

Bill Sponsors (6)



Mar 16, 2023


Representative Porter added as cosponsor

Mar 06, 2023


First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Feb 28, 2023


Referred to the House

Feb 27, 2023


House sponsor: Representative Thompson


Third reading: passed; Roll Call 174: yeas 49, nays 0


Cosponsor: Representative Cherry


Senator Randolph added as coauthor

Feb 23, 2023


Senator Baldwin added as second author


Second reading: ordered engrossed

Feb 21, 2023


Committee report: amend do pass, adopted

Jan 19, 2023


First reading: referred to Committee on Tax and Fiscal Policy

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


Authored by Senator Holdman

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF
Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0419.02.COMS.FN001 PDF
Fiscal Note: SB0419.02.COMS.FN002 PDF
Fiscal Note: SB0419.02.COMS.FN003 PDF


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