Introduced Version






SENATE BILL No. 289

_____


DIGEST OF INTRODUCED BILL



Citations Affected: IC 6-6-5-7.5 ; IC 9-18-4-7.

Synopsis: Excise tax rebate for license plate renewal by mail. Provides that the owner of a vehicle who renews the registration of the vehicle by mail is entitled to a reduction in the amount of motor vehicle excise tax due equal to the lesser of the amount of motor vehicle excise tax imposed for the use of the vehicle or $25.

Effective: January 1, 2002.





Merritt




    January 11, 2001, read first time and referred to Committee on Finance.







Introduced

First Regular Session 112th General Assembly (2001)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2000 General Assembly.

SENATE BILL No. 289



    A BILL FOR AN ACT to amend the Indiana Code concerning motor vehicles.

Be it enacted by the General Assembly of the State of Indiana:

    SECTION 1. IC 6-6-5-7.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2002]: Sec. 7.5. (a) The owner of a vehicle who renews the registration of the vehicle by mail under IC 9-18-4 is entitled to a reduction in the amount of taxes due under this chapter.
    (b) The reduction provided under subsection (a) is equal to the lesser of:
        (1) the annual license excise tax imposed under section 5 of this chapter for use of the vehicle by the owner of the vehicle for the year; or
        (2) twenty-five dollars ($25).

    SECTION 2. IC 9-18-4-7 , AS AMENDED BY P.L.29-2000, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2002]: Sec. 7. (a) The bureau may:
        (1) prescribe forms; and
        (2) adopt rules;
to implement this chapter.


    (b) A form prescribed under this section must include the information described in IC 9-18-2-16 (b)(3).
     (c) A form prescribed under this section must include space to compute the motor vehicle excise tax reduction provided under IC 6-6-5-7.5.
    SECTION 3. [EFFECTIVE JANUARY 1, 2002] IC 6-6-5-7.5 , as added by this act, applies to motor vehicles registered after December 31, 2001.