Tax Avalanche Building in Indiana
HB 1011 – Indianapolis Mass Transit Tax Increase
House Bill 1011 authorizes Marion and Hamilton counties to issue a public referendum vote on a local option income tax increase to help pay for a costly Indianapolis Mass Transit proposal. The plan is estimated to cost $1.3 billion initially and $136 million annually once in full operation. These projected expenses, along with unforeseen costs often associated with mass transit plans, will create a massive tax burden for area residents.
Americans for Prosperity opposes HB 1011 and will be working with state legislators to stop the Indianapolis Mass Transit Tax.
HB 1007 –Internet Sales Tax
House Bill 1007 seeks to redefine the commonly accepted “nexus” standards here in Indiana for the purpose of internet sales taxes. This bill targets businesses that use an affiliate-referral structure.
Americans for Prosperity opposes the affiliate tax because it changes the standards to tax out-of-state companies as though they were in-state.
A hearing on HB 1007 occurred last week in the House Ways and Means Committee.
SB 389 – Excise and Wheel Tax
Senate Bill 389 allows what is known as “county income tax council,” the authority to create a wheel tax and/or excise surtax (currently only county councils have this authority).
Americans for Prosperity opposes SB389 because it extends who can authorize such taxes and could lead to higher taxes on Hoosier citizens.
The Senate Committee on Tax and Fiscal Policy heard this bill yesterday. No vote was taken.