2022 Regular SessionIndiana Legislature

SB0387: Individual adjusted gross income tax.

Legislative Summary

Individual adjusted gross income tax. Increases the state income tax exemption from $1,000 to $2,500 for an individual, and from $1,000 to $2,500 for each spouse in the case of a joint return. Exempts the first $15,000 of adjusted gross income from the state income tax.

Bill History

1/11/2022
Authored by Senator Lanane
Senate
1/11/2022
First reading: referred to Committee on Tax and Fiscal Policy
Senate

Status Information

Current Status
Introduced(1/11/2022)
Chamber
Senate
Committee
Tax and Fiscal Policy(Senate)
Sine Die

Sponsors

Democrat: 1

Primary Sponsor

Timothy Lanane
Timothy Lanane
Democrat

Documents

Introduced
Bill Text1/11/2022375.7 KB
Fiscal Note
Fiscal Note1/11/202262.7 KB