Proposed Indiana Firearm Legislation HB1217
Legislation Overview
Title: Income tax credit for firearms instruction. Provides a state income tax credit to taxpayers (individuals filing single tax returns or married couples filing joint tax returns) who incur expenses in receiving qualified firearms instruction. Provides that the credit is equal to the amount of the incurred expenses. Provides that the maximum amount allowed as a credit is $100 for individuals filing single returns or $200 for married couples filing joint returns. Provides that a tax credit may not exceed the taxpayer's state income tax liability. Provides that a taxpayer is not entitled to a carryover, carryback, or refund of any
Description: Income tax credit for firearms instruction. Provides a state income tax credit to taxpayers (individuals filing single tax returns or married couples filing joint tax returns) who incur expenses in receiving qualified firearms instruction. Provides that the credit is equal to the amount of the incurred expenses. Provides that the maximum amount allowed as a credit is $100 for individuals filing single returns or $200 for married couples filing joint returns. Provides that a tax credit may not exceed the taxpayer's state income tax liability. Provides that a taxpayer is not entitled to a carryover, carryback, or refund of any
Session: 2016 Regular Session
Last Action: First reading: referred to Committee on Ways and Means
Last Action Date: January 11, 2016
Sponsors
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
1 sponsors: Jim Lucas (R);
Percentage of House Of Representatives sponsoring bill: 1% (1 of 100)
History
| Chamber | Date | Action |
| House | Jan 11, 2016 | Authored by Representative Lucas |
| House | Jan 11, 2016 | First reading: referred to Committee on Ways and Means |
Texts
| Type | Date | State Link | Text |
| Introduced | Jan 11, 2016 | state link | bill text |
Amendments
| Title | Description | Date | State Link | Text | Adopted |
| There are no amendments to this bill at this time | |||||
Votes - Click on description to view vote roll call
There have not been any votes on this bill
Link: link to state bill page
