by Aim Admin | Feb 4, 2022 | Legislative Update, Members
February 4, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX As we have reported in recent weeks, HB 1002 is the only bill remaining that attempts to partially reduce the business personal property tax. HB 1002 proposes a tax credit on various state taxes to offset...
by Aim Admin | Jan 28, 2022 | Legislative Update, Members
January 28, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX SB 378, authored by Sen. Brian Buchanan (R-Lebanon), would have increased the BPPT exemption from $80,000 to $250,000, phased down the depreciation floor to 25%, and provided a BPPT holiday in 2023 where...
by Aim Admin | Jan 21, 2022 | Legislative Update, Members
January 21, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX Both HB 1002 and SB 378 eliminate a portion of local government revenue by phasing out portions of Business Personal Property Tax. Neither bill offers a full replacement for the lost revenue and both will...
by Aim Admin | Jan 14, 2022 | Legislative Update, Members
January 14, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX Several bills were heard this week that would reduce the business personal property tax. HB 1002 would phase out the 30% depreciation floor on new property while providing businesses with a tax credit for...
by Aim Admin | Jan 7, 2022 | Legislative Update, Members
January 7, 2022 The Big Issues BUSINESS PERSONAL PROPERTY TAX Several bills have been introduced that would reduce the business personal property tax. HB 1002 would eliminate the 30% depreciation floor on new property while providing businesses with a tax credit for...
by Aim Admin | Mar 27, 2018 | Legislative Update, Legislators, Members
On this special episode of Aim Hometown Innovations podcast, the Aim Government Affairs Team offers highlights from this year’s regular General Assembly session. And the team looks ahead to issues that may arise when lawmakers return to Indianapolis in May for a...
