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Property Tax Bill Preserves Progress Toward Competitiveness

https://www.youtube.com/watch?v=E6sS7evqhfo The Indiana House of Representatives passed an amended version of Senate Bill 1 Thursday. The bill was amended to adjust the scope of business personal property (BPP) tax reform. The amendment removed language that would have phased out the BPP tax entirely but significantly increases the de minimis exemption threshold and narrows application of the 30% depreciation floor. [...]

2025-04-14T09:42:22-04:00April 14th, 2025|

Indiana Chamber Urges Senate Republicans to Restore Major Tax Cuts

(INDIANAPOLIS) — The Indiana Chamber of Commerce is calling on Indiana Senate Majority Republicans to restore the tax reductions in House Bill 1002 that would benefit all taxpayers. In a recent committee meeting, the Senate group removed all the tax relief from the legislation, which is a top priority of House leadership and the business community. Indiana Chamber President [...]

2022-02-24T11:01:25-05:00February 24th, 2022|

Chamber Calls 2021 Session ‘Strong’ for Business Recovery, But Failure to Act on FAFSA Completion Rate ‘Hurting Hoosier Families’

(INDIANAPOLIS) — Indiana Chamber of Commerce President and CEO Kevin Brinegar calls the 2021 Indiana General Assembly session, which wrapped up regular work today, a “strong one for assisting businesses in their recovery from the pandemic and continuing to push the state to be a leader in the Midwest and beyond.” His remarks on the fate of key legislation [...]

2021-04-22T16:34:12-04:00April 22nd, 2021|

Ways and Means Committee Ups Business Personal Property Exemption Threshold

SB 336, which increases the acquisition cost threshold for the business personal property exemption from $40,000 to $60,000, was substantially amended recently in the House Ways and Means Committee and passed 14-8 along party lines. The amendment removed the provision, which would have based the threshold on assessed value and returns the calculation of the threshold to be based [...]

2021-03-29T12:09:50-04:00March 29th, 2021|

Ways and Means Ups the Business Personal Property Exemption Threshold

SB 336 – Business Personal Property Tax Exemption Threshold Authored by Sen. Aaron Freeman (R-Indianapolis) Increases the acquisition cost threshold for the business personal property exemption from $40,000 to $60,000. Chamber position: Support The latest: The bill was substantially amended in the House Ways and Means Committee and passed 14-8 along party lines. The amendment removed the provision which would have [...]

2021-03-26T13:03:48-04:00March 26th, 2021|

Business Personal Property Tax ‘De Minimus’ Exemption Moves on Without Substantial Amendment  

SB 336 – Assessments and Tax Exemptions Authored by Sen. Aaron Freeman (R-Indianapolis) This bill increases the acquisition cost threshold for the business personal property tax exemption from $20,000 to $40,000. Chamber Position: Support The Latest: Passed the House Ways and Means Committee 16-7. Chamber Action/Commentary: This bill received a hearing earlier this month, but the committee chair held up the [...]

2021-04-08T15:40:44-04:00March 29th, 2019|

Amendment Discussed to Upgrade of Business Personal Property Tax Exemption

Senate Bill 233 – Business Personal Property Tax Exemption Authored by Sen. Aaron Freeman (R-Indianapolis) This bill increases the acquisition cost threshold for the business personal property tax exemption from $20,000 to $40,000. Chamber Position: Support The Latest: Heard by the House Ways and Means Committee on Wednesday; held pending consideration of a potential amendment. Indiana Chamber Action/Commentary: This [...]

2019-03-08T12:51:15-05:00March 8th, 2019|

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 [...]

2019-01-25T13:17:05-05:00January 25th, 2019|

Chamber Announces Top Legislative Priorities for 2019

The Indiana Chamber wants the state Legislature to take the next steps in skilling up the workforce and fast track a water plan for the state. These priorities were among those announced today at our annual Legislative Preview in Indianapolis, where General Assembly leaders also took part in a panel discussion looking ahead to the 2019 session. The event [...]

2018-11-19T15:43:17-05:00November 19th, 2018|

Indiana Chamber Announces Top Legislative Priorities for 2019

(INDIANAPOLIS) —  The Indiana Chamber of Commerce wants the state Legislature to take the next steps in skilling up the workforce and fast track a water plan for the state. These priorities were among those announced today at the business organization’s annual legislative preview in Indianapolis, where General Assembly leaders also took part in a panel discussion looking ahead [...]

2018-11-19T13:33:08-05:00November 19th, 2018|