Bill > SB0304

This bill authorizes the cities of Marion and Richmond to impose a food and beverage tax up to 1% of gross retail income from taxable food and beverage transactions, with specific requirements for implementation. For Marion, the city can adopt an ordinance before December 31, 2025, after holding a public hearing, and the tax revenue must be used for economic development, park and recreation purposes. For Richmond, the city can adopt an ordinance before January 1, 2027, with similar procedural requirements, and the tax revenue must be used specifically for parks, recreation, trails, and activation of the Whitewater Gorge. Both cities' food and beverage taxes will terminate on January 1, 2047. Additionally, the bill allows the town of Shipshewana to increase its existing food and beverage tax rate and repeals the Indiana Code chapter authorizing food and beverage taxes in Wayne County. The tax will be imposed and collected similar to the state gross retail tax, and cities must establish a dedicated fund for the tax receipts, with strict guidelines on how the funds can be used.

Budget and Finance

https://iga.in.gov/legislative/2025/bills/senate/304/details