STATEHOUSE (Feb. 25, 2016) –The Indiana House and Senate voted in support of a bill authored by State Rep. Tom Saunders (R-Lewisville), which would make tax claims on personal property exemptions more efficient and up-to-date.
House Bill (HB) 1169 would ease the process of claiming tax exempt status on personal business property. Under current law, taxpayers must file a separate form in which they affirm their eligibility for the tax exemption, in addition to their personal property return form. HB 1169 would streamline this process by allowing taxpayers to claim this exemption on their personal property form instead of requiring notarization of the exemption on an entirely separate form.
“This bill keeps Hoosiers in mind by making the process easier on taxpayers across the state,” Saunders said. “I am always looking for ways to help taxpayers and eliminate red tape through measures such as HB 1169.”
Saunders said this issue was brought to his attention by taxpayers and county officials.
The bill will now head to the governor for consideration.
Rep. Saunders (R-Lewisville) represents Henry County and portions of Rush and Wayne counties.