Indiana General Assembly, 2023 Session

Senate Bill 0286

ARCHIVE (2004)

DIGEST OF SB 286 (Updated February 18, 2004 5:58 pm - DI 92)

Various tax matters. Extends the research expense income tax credit indefinitely. Allows a property owner to determine the year in which a five year residential rehabilitation property tax deduction period begins and allows a property owner to revive a deduction not taken for the assessment date in 2003 or an earlier year. Amends the definition of rehabilitation. Allows the inclusion of certain market data in the application for a deduction. Provides that the property tax deduction for a building that contains principal rental dwellings is equal to the number of units multiplied by $2,000. Increases the standard deduction for homesteads by $2,000. Establishes a farmland property tax credit. Makes an appropriation to distribute an amount to taxing units equal to the amount of farmland property tax credits granted in the taxing units.

Current Status:

Out of Committee 2nd House

Latest Printing (PDF)

Action List
Introduced Bill > (PDF)
Fiscal Impact Statement(s): >1(PDF), >2(PDF), >3(PDF), >4(PDF)
House Committee Reports
- Filed Committee Reports: >0286-1, >0286-1(PDF)
- Passed Committee Reports: >0286-1, >0286-1(PDF)
House Amendments
- Filed: >0286-1, >0286-1(PDF), >0286-1(PDF), >0286-2, >0286-2(PDF), >0286-3, >0286-3(PDF), >0286-4, >0286-4(PDF), >0286-5, >0286-5(PDF), >0286-6, >0286-6(PDF), >0286-7, >0286-7(PDF), >0286-8, >0286-8(PDF), >0286-9, >0286-9(PDF), >0286-10, >0286-10(PDF), >0286-11, >0286-11(PDF), >0286-12, >0286-12(PDF), >0286-13, >0286-13(PDF), >0286-14, >0286-14(PDF)
Senate Bill > (PDF)
Senate Committee Reports
- Filed Committee Reports: >0286-1, >0286-1, >0286-1(PDF), >0286-1(PDF)
- Passed Committee Reports: >0286-1, >0286-1, >0286-1(PDF), >0286-1(PDF)
Senate Amendments
Engrossed Bill > (PDF)
Conference Committee Reports

Current 2023 Session

Senate Bill 0286

DIGEST OF SB 286 (Updated February 18, 2004 5:58 pm - DI 92)