Proposed Indiana Firearm Legislation HB1109
Legislation Overview
Title: Income tax credit for firearms safety expenses. Provides a state income tax credit for expenses incurred to receive qualified firearms instruction or to purchase a qualified firearms storage device. Provides that the credit is equal to the amount of the incurred expenses. Provides that the maximum amount allowed as a credit is $200 for individuals filing single returns or $400 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 unused tax credit.
Description: Income tax credit for firearms safety expenses. Provides a state income tax credit for expenses incurred to receive qualified firearms instruction or to purchase a qualified firearms storage device. Provides that the credit is equal to the amount of the incurred expenses. Provides that the maximum amount allowed as a credit is $200 for individuals filing single returns or $400 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 unused tax credit.
Session: 2019 Regular Session
Last Action: Representative Stutzman added as coauthor
Last Action Date: January 17, 2019
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'.
3 sponsors: Jim Lucas (R); Ben Smaltz (R); Christy Stutzman (R);
Percentage of House Of Representatives sponsoring bill: 3% (3 of 100)
History
| Chamber | Date | Action |
| House | Jan 17, 2019 | Representative Stutzman added as coauthor |
| House | Jan 14, 2019 | Representative Smaltz added as coauthor |
| House | Jan 7, 2019 | Authored by Representative Lucas |
| House | Jan 7, 2019 | First reading: referred to Committee on Ways and Means |
Texts
| Type | Date | State Link | Text |
| Introduced | Jan 7, 2019 | 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
