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Both House and Senate Marketplace Facilitator Bills Alive For Now; Ways and Means Committee Amends, Then Passes RV Bill

Senate Bill 322 and HB 1352 do essentially the same thing: They require online facilitators, online platforms, to collect and remit state sales tax like a retail merchant when they facilitate a retail sale via the internet. They both also have a number of special provisions necessary to address the unique nature of these online transactions. The only real [...]

2019-04-05T13:11:11-04:00April 5th, 2019|

Worker’s Comp Benefit Increase Seems Dead; E-Cigarette Tax and Wage Assignment Bills on Hold; Substance Misuse Program Follow-up

House Bill 1182 (Worker’s Compensation), authored by Rep. Matt Lehman (R-Berne), achieved final passage this week with a successful concurrence vote along party lines, 65-29. This Chamber-supported bill does two important things: 1) clarifies who is responsible for worker’s compensation for volunteer firefighters (it’s not employers but the fire department); and 2) increases the burial amount an employer must [...]

2019-04-05T13:02:01-04:00April 5th, 2019|

House Takes Up Governor’s Key Economic Development Bill

Senate Bill 563 – Economic Development Authored by Sen. Travis Holdman (R-Markle) Makes a variety of changes to tax policy and tax incentive programs intended to promote and enhance economic development. The major components are: (1) moving to a market-based sourcing method for income apportionment for service companies; (2) a small business innovation voucher program to assist in research; [...]

2019-03-15T12:18:16-04:00March 15th, 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 [...]

2019-03-08T12:51:15-04:00March 8th, 2019|

A Look at New Sec. 199A Deduction for Qualified Business Income

Do you qualify for the new 20% deduction for pass-through entities (S corps, LLCs, partnerships, sole proprietors)? Yes, no, partially, not sure yet – all possible answers. It turns out that this determination will depend on several things and may be anything but simple. But there are a few substantial factors: (1) how is the income derived, i.e. is [...]

2018-08-28T09:50:57-04:00August 28th, 2018|

Indiana Chamber Unveils Top Legislative Priorities for 2018, Honors Six ‘Champion’ Lawmakers for 2017 Efforts

(INDIANAPOLIS) — Closing the skills gap to enable more jobs to be filled and ensuring the state’s tax environment is ripe for business expansion are top priorities for the Indiana Chamber of Commerce in the upcoming 2018 legislative session. These initiatives and more were announced today at the organization’s annual legislative preview in Indianapolis, where six state legislators were [...]

2017-11-20T13:17:29-04:00November 20th, 2017|