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Indiana General Assembly
Senate Bill 0485


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Senate Bill 0485

ARCHIVE (2004)

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Inventory taxation. Eliminates the property tax exemption for inventory used in the production of personal property shipped out of state and replaces the exemption with a property tax replacement credit. Excludes the inventory subject to the credit from the statewide deduction for inventory scheduled to take effect in 2007.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)