February 24, 2012





ENGROSSED

SENATE BILL No. 353

_____


DIGEST OF SB 353 (Updated February 21, 2012 2:15 pm - DI 113)



Citations Affected: Noncode.

Synopsis: Study sales taxation of gasoline. Requires the commission on state tax and financing policy to study all aspects of the manner in which the state gross retail tax is imposed upon the sale of motor fuel and collected.

Effective: July 1, 2012.





Walker, Lanane, Boots, Randolph
(HOUSE SPONSORS _ DERMODY, GOODIN)




    January 9, 2012, read first time and referred to Committee on Tax and Fiscal Policy.
    January 26, 2012, amended, reported favorably _ Do Pass.
    January 30, 2012, read second time, amended, ordered engrossed.
    January 31, 2012, engrossed; technical correction.
    February 1, 2012, re-engrossed, read third time, passed. Yeas 49, nays 0.
    February 2, 2012, re-engrossed.

HOUSE ACTION

    February 9, 2012, read first time and referred to Committee on Ways and Means.
    February 23, 2012, amended, reported _ Do Pass.






February 24, 2012

Second Regular Session 117th General Assembly (2012)


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 2011 Regular Session of the General Assembly.


ENGROSSED

SENATE BILL No. 353



    A BILL FOR AN ACT concerning taxation.

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

SOURCE: ; (12)ES0353.1.1. -->     SECTION 1. [EFFECTIVE JULY 1, 2012] (a) As used in this SECTION, "commission" refers to the commission on state tax and financing policy established by IC 2-5-3-2.
    (b) The commission shall study all aspects of the manner in which the state gross retail tax is imposed upon the sale of motor fuel and collected under IC 6-2.5-7.
    (c) The commission shall report its findings and recommendations, if any, to the legislative council in an electronic format under IC 5-14-6 before November 1, 2012.
    (d) This SECTION expires January 1, 2013.