SB 119

  • Indiana Senate Bill
  • 2022 Regular Session
  • Introduced in Senate
  • Passed Senate Jan 24, 2022
  • Passed House Feb 15, 2022
  • Signed by Governor Mar 07, 2022

Taxation of farm property.

Abstract

Makes new farm equipment and new agricultural improvements eligible for local tax abatement using the same procedures for tax abatement under current law for new manufacturing equipment, new research and development equipment, new logistical distribution equipment, and new information technology equipment, or redevelopment and rehabilitation in the case of new agricultural improvements. Limits an abatement schedule for new farm equipment and new agricultural improvements to not more than five years. Specifies how agricultural improvements shall be assessed for tax purposes.

Bill Sponsors (10)

Votes


Actions


Mar 07, 2022

Senate

Signed by the President of the Senate

Senate

Public Law 8

Office of the Governor

Signed by the Governor

Feb 24, 2022

House

Signed by the Speaker

Feb 21, 2022

Senate

Signed by the President Pro Tempore

Feb 16, 2022

House

Returned to the Senate without amendments

Feb 15, 2022

House

Third reading: passed; Roll Call 185: yeas 76, nays 16

Feb 14, 2022

House

Second reading: ordered engrossed

Feb 10, 2022

House

Representative Thompson added as cosponsor

House

Committee report: do pass, adopted

Jan 31, 2022

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Jan 26, 2022

Senate

Referred to the House

Jan 24, 2022

Senate

Senators Lanane and Kruse added as coauthors

Senate

Third reading: passed; Roll Call 48: yeas 47, nays 0

Senate

House sponsor: Representative Slager

Senate

Cosponsors: Representatives Cherry and Aylesworth

Senate

Senator Boehnlein removed as second author

Senate

Senator Charbonneau added as second author

Senate

Senator Boehnlein added as third author

Jan 20, 2022

Senate

Senator Buchanan added as coauthor

Senate

Second reading: ordered engrossed

Jan 18, 2022

Senate

Committee report: do pass, adopted

Jan 11, 2022

Senate

Senator Boehnlein added as second author

Jan 04, 2022

Senate

Authored by Senator Niemeyer

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
tax and fiscal policy

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF
Senate Bill (S) PDF
Senate Bill (H) PDF
Enrolled Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0119.04.ENRH.FN001 PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Indiana General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.