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DIGEST OF INTRODUCED BILL
Tax-free art districts. Exempts from the gross retail and use taxes the sale of original and creative works of art in an arts and cultural district. Provides that an arts and cultural district must be established by a local economic development commission and be certified by the Indiana arts commission. Exempts from state and local adjusted gross income tax the income of a writer, a composer, or an artist who has a business located in an arts and cultural district. Provides that the income tax exemption applies to that part of the individual's income that is derived from sources within the arts and cultural district and is attributable to original and creative works of art created within the district.