HB1651: A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Page last updated: Sunday, April 20, 2025 at 7:28 PM (America/Indianapolis).
General Information
- Stage: Introduced House Bill (H)
- Current Chamber: house
- Origin Chamber: house
- Description: Elimination of state individual income tax.
Legislators
Authors (1)
Coauthors (1)
Sponsors (0)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (3 total)
- Jan 27, 2025, 11:03 AM: Representative Sweet added as coauthor
- Jan 21, 2025, 11:35 AM: First reading: referred to Committee on Ways and Means
- Jan 21, 2025, 11:35 AM: Authored by Representative Payne
Digest
Eliminates the state individual adjusted gross income tax by reducing the rate to 0%. Provides that in calculating the local income tax (LIT), which is imposed based on a local taxpayer's state adjusted gross income, the calculation of a taxpayer's state adjusted gross income for LIT purposes shall be calculated under the adjusted gross income tax provisions as if those provisions, and the most recent adjusted gross income tax rate before its elimination, were still in effect.