Senate Bill 0091
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DIGEST OF INTRODUCED BILL
Hoosier business investment credit. Removes the economic development for a growing economy (EDGE) board from the administration of the Hoosier business investment tax credit. Provides that a taxpayer's state tax liability growth is always computed using the taxpayer's base state tax liability. Provides that the credit is available for hiring new employees. Removes the expiration date for the credit. Provides that for a pass through entity the proportional amount of the credit to which a partner or shareholder of the pass through entity is entitled is applied against the partner's or shareholder's state tax liability.
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| ||In Committee - first House|