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House Bill 1500


House Bill 1500

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Hoosier business investment tax credit. Decreases the percentage used to figure the Hoosier business investment tax credit from 30% to 15% of a business's qualified investment. Eliminates the business's state tax liability growth for the taxable year as a limitation on the amount of the credit. Decreases the number of years the credit may be carried forward from nine years to five years.
Current Status:
 In Committee - first House
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