Indiana Senate Bill 3
Session 2022ss1
Tax and fiscal matters.
Active
Passed Senate on Jul 30, 2022
Sponsors
3 Sponsors
Travis Holdman
Chris Garten
Timothy Brown
First Action
Jul 25, 2022
Latest Action
Aug 1, 2022
Origin Chamber
Senate
Type
Bill
Bill Number
3
State
Indiana
Session
2022ss1
Chris Garten
grade
Author
Timothy Brown
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Sponsor
Travis Holdman
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Author
Coauthor
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Cosponsor
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checkPassed on July 30, 2022
Motion Text
SB 3(ss) - Holdman - 3rd Reading
Senate Roll Call Votes
Yes
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Brown
Yes
Didn't Vote
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Young
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Summary
Provides that the gasoline use tax rate during the period beginning on the first day following the enactment into law of the bill and continuing through June 30, 2023, is capped at $0.295 per gallon. Provides, however, that if the gasoline use tax rate as determined under current law for a month is less than $0.295 per gallon, the lesser tax rate shall apply. Provides a temporary sales tax exemption for six monthly billing cycles during which the sale of utilities to residential customers and the sale of intrastate telecommunication services to residential customers are exempt from the state sales tax. Defines "residential customer" for purposes of the exemption. Requires the power subsidiary or person that furnishes or sells the services to provide to each customer on the customer's billing statement a notice that the state sales tax that otherwise would be applied is not applied in accordance with the enactment of the bill. Freezes the gasoline excise tax and the special fuel tax rates beginning on the first day following the enactment into law of the bill and continuing through June 30, 2023, at the rates that were in effect on June 30, 2022. Eliminates the annual index factor during this period. Specifies that beginning July 1, 2023, the tax rates shall be determined as if the rates had not been frozen during the 2023 state fiscal year. Appropriates $17,700,000 from the state general fund to the auditor of state to make transfers to counties, cities, and towns equal to the amount of gasoline excise tax and special fuel tax that each county, city, and town would have otherwise received if the rates had not been frozen during the 2023 state fiscal year. Requires the revenue transferred to the counties, cities, and towns to be used for the purposes for which revenue from those tax rates may be used under applicable law. Appropriates an amount for transfer to the capital reserve account after June 30, 2023, based on a determination by the budget agency of the difference between: (1) $1,000,000,000; and (2) the actual fiscal impact to the state of Indiana in state fiscal year 2023 as a result of the enactment of certain provisions being proposed in Senate Bill 2 and Senate Bill 3. Appropriates $400,000,000 from the state general fund to the budget agency for transfer to the pension stabilization fund for the purposes of the pension stabilization fund.
Engrossed Senate Bill (S)
July 29, 2022
Introduced Senate Bill (S)
July 20, 2022
Senate Bill (S)
July 27, 2022
08/01/2022
House
First reading: referred to Committee on Ways and Means
08/01/2022
Senate
Referred to the House
07/30/2022
Senate
Cosponsor: Representative Lehman
07/30/2022
Senate
House sponsor: Representative Brown T
07/30/2022
Senate
Third reading: passed; Roll Call 54: yeas 40, nays 4
07/29/2022
Senate
Second reading: amended, ordered engrossed
07/29/2022
Senate
Amendment #8 (Melton) failed; Roll Call 51: yeas 9, nays 36
07/29/2022
Senate
Amendment #7 (Lanane) failed; Roll Call 50: yeas 10, nays 37
07/29/2022
Senate
Amendment #4 (Qaddoura) failed; Roll Call 49: yeas 10, nays 37
07/29/2022
Senate
Amendment #2 (Holdman) prevailed; voice vote
07/29/2022
Senate
Amendment #1 (Holdman) prevailed; voice vote
07/29/2022
Senate
Senators Rogers, Doriot, Kruse, Sandlin, Raatz, Gaskill, Boehnlein, Boots, Buchanan, Crane, Baldwin, Walker K added as coauthors
07/29/2022
Senate
Senator Mishler added as coauthor
07/29/2022
Senate
Senator Garten added as second author
07/29/2022
Senate
Senator Garten removed as coauthor
07/29/2022
Senate
Senator Mishler removed as second author
07/27/2022
Senate
Senator Melton added as coauthor
07/27/2022
Senate
Senator Garten added as coauthor
07/27/2022
Senate
Committee report: amend do pass, adopted
07/25/2022
Senate
First reading: referred to Committee on Appropriations
07/25/2022
Senate
Authored by Senator Holdman
07/25/2022
Senate
Senator Mishler added as second author
Sources
IN Legislature
Open States
Record Created
Jul 24, 2022 6:02:05 PM
Record Updated
Nov 17, 2022 6:04:11 PM