SB0254: A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Page last updated: Sunday, April 20, 2025 at 7:25 PM (America/Indianapolis).
General Information
- Stage: Senate Bill (H)
- Current Chamber: house
- Origin Chamber: senate
- Description: Biofuel tax credits.
Legislators
Authors (3)
Sponsors (1)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (12 total)
- Mar 3, 2025, 11:30 AM: First reading: referred to Committee on Ways and Means
- Feb 11, 2025, 10:42 AM: Referred to the House
- Feb 10, 2025, 9:48 AM: House sponsor: Representative Culp
- Feb 10, 2025, 9:43 AM: Third reading: passed; Roll Call 86: yeas 46, nays 3
- Feb 6, 2025, 1:29 PM: Senator Randolph added as coauthor
- Feb 6, 2025, 1:29 PM: Senator Walker G added as coauthor
- Feb 6, 2025, 1:28 PM: Senator Rogers added as third author
- Feb 6, 2025, 1:28 PM: Senator Clark added as second author
- Feb 6, 2025, 9:44 AM: Second reading: ordered engrossed
- Feb 4, 2025, 9:13 AM: Committee report: amend do pass, adopted
- Jan 13, 2025, 6:51 AM: First reading: referred to Committee on Tax and Fiscal Policy
- Jan 13, 2025, 6:51 AM: Authored by Senator Buchanan
Digest
Provides tax credits for: (1) the sale of higher ethanol blend; and (2) the: (A) sale of blended biodiesel or renewable diesel; and (B) blending of biodiesel or renewable diesel. Specifies the amount of the tax credit for higher ethanol blend. Limits the total amount of higher ethanol blend tax credits that may be awarded in a state fiscal year to $10,000. Specifies the amount of the tax credit for blended biodiesel or renewable diesel. Limits the total amount of blended biodiesel or renewable diesel tax credits that may be awarded in a state fiscal year to $10,000.