SB 119 — Taxation of farm property.
Last action — Public Law 8
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 04, 2022. Enacted.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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10 sponsors
4 primary, 6 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (6 R).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Makes new farm equipment and new agricultural improvements eligible for local tax abatement using the same procedures for tax abatement under current law for new manufacturing equipment, new research and development equipment, new logistical distribution equipment, and new information technology equipment, or redevelopment and rehabilitation in the case of new agricultural improvements. Limits an abatement schedule for new farm equipment and new agricultural improvements to not more than five years. Specifies how agricultural improvements shall be assessed for tax purposes.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 119 on the official Indiana source →Action History
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Public Law 8
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Signed by the President of the Senate
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Signed by the Governor
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Signed by the Speaker
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Signed by the President Pro Tempore
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Returned to the Senate without amendments
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Third reading: passed; Roll Call 185: yeas 76, nays 16
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Second reading: ordered engrossed
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Representative Thompson added as cosponsor
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Committee report: do pass, adopted
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First reading: referred to Committee on Ways and Means
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Referred to the House
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Senators Lanane and Kruse added as coauthors
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Senator Boehnlein added as third author
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Senator Charbonneau added as second author
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Senator Boehnlein removed as second author
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Cosponsors: Representatives Cherry and Aylesworth
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House sponsor: Representative Slager
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Third reading: passed; Roll Call 48: yeas 47, nays 0
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Senator Buchanan added as coauthor
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Second reading: ordered engrossed
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Committee report: do pass, adopted
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Senator Boehnlein added as second author
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First reading: referred to Committee on Tax and Fiscal Policy
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Authored by Senator Niemeyer
Sponsors
- Rick Niemeyer · Primary
- Ed Charbonneau · Primary
- Kevin Boehnlein · Primary
- Brian Buchanan · Cosponsor
- Timothy Lanane · Cosponsor
- Dennis Kruse · Cosponsor
- Harold Slager · Primary
- Robert Cherry · Cosponsor
- Mike Aylesworth · Cosponsor
- Jeffrey Thompson · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 6 co-sponsors · 140 not signed on
Sponsors (4)
- Rick Niemeyer Republican
- Ed Charbonneau Republican
- Kevin Boehnlein
- Harold Slager Republican
Co-sponsors (6)
- Brian Buchanan Republican
- Timothy Lanane
- Dennis Kruse
- Robert Cherry
- Mike Aylesworth Republican
- Jeffrey Thompson Republican
Not signed on (140)
140 members have not signed on to this bill.
Show all 140 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 119 do?
- Makes new farm equipment and new agricultural improvements eligible for local tax abatement using the same procedures for tax abatement under current law for new manufacturing equipment, new research and development equipment, new logistical distribution equipment, and new information technology equipment, or redevelopment and rehabilitation in the case of new agricultural improvements. Limits an abatement schedule for new farm equipment and new agricultural improvements to not more than five years. Specifies how agricultural improvements shall be assessed for tax purposes.
- Who sponsors SB 119?
- SB 119 is sponsored by Rick Niemeyer (Republican), Ed Charbonneau (Republican), Kevin Boehnlein, Brian Buchanan (Republican), Timothy Lanane, Dennis Kruse, Harold Slager (Republican), Robert Cherry, Mike Aylesworth (Republican), and Jeffrey Thompson (Republican).
- What is the current status of SB 119?
- This bill has been enacted into law. Introduced January 04, 2022. Enacted.
- Where can I track SB 119?
- Track SB 119 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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