Senate Bill Expands Business Personal Property Tax ‘De Minimus’ Exemption
Senate Bill 233 – Business Personal Property Tax Exemption Authored by Sen. Aaron Freeman (R-Indianapolis) This bill increases, from $20,000 to $40,000, the acquisition cost threshold for the business personal property tax exemption. Chamber Position: Support The Latest: Amended and passed by the Tax and Fiscal Policy Committee 12-0 on Tuesday. Chamber Action/Commentary: The Indiana Chamber played a key [...]