Start Date: | 1/13/2012 | | | End Date: | 1/13/2012 | | |
STATEHOUSE- Rep. Tim Neese (R-Elkhart) is authoring legislation with the objective to boost RV sales in both Elkhart County and throughout Indiana. The bill would exempt sales tax of RV’s and cargo trailers to nonresident purchasers who take their new RV purchase out of Indiana.
The legislation looks to provide a solution to the problem of declining RV sales. The bill would exempt from a sales tax any RV or cargo trailer transported out of Indiana for registration or use in another state.
“The bills intent is to bolster Indiana’s RV sales and towards keeping the revenue in Indiana to keep Indiana businesses flourishing,” said Rep. Neese. “Creating an incentive for customers outside of Indiana to purchase RV’s in our state will hopefully attract added customers to Indiana RV retailers in turn, strengthening Elkhart County and the state of Indiana’s economy.”
Under current law, Indiana RV and cargo trailer dealers are required to collect 7 percent in Indiana Sales Tax for sales to nonresidents who plan to register their RV in a state that does not provide reciprocal drive out exemptions.
“Elkhart County is a nationwide leader in RV manufacturing. We don’t want to penalize those from out of state who are giving Indiana business or lose dollars that could be coming into Indiana,” said Rep. Neese. “This is an important issue for RV retailers throughout Elkhart County as well as the entire state. My hope is that this would be one step closer to boosting sales for Indiana businesses to strengthen our economy and provide job opportunities for hard working Hoosiers.”
The bill is supported by the Indiana Manufactured Housing Association and the Recreational Vehicle Indiana Council.
The bill was read and referred to the Committee on Ways and Means.
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Rep. Tim Neese represents District 48 which includes the city of Elkhart, parts of Elkhart County and parts of St. Joseph County. Rep. Neese is the Chairman of the Local Government Committee, and a member of the Utilities and Energy Committee, Statutory Committee on Interstate and International Cooperation.
Neese NR - authoring sales tax law.docx |