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Bill > HB1538


IN HB1538

IN HB1538
Nonprofit tax form simplification.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 Regular Session

Bill Summary

Nonprofit tax form simplification. Allows the department of state revenue to allow exempt organizations to issue a blanket sales tax exemption certificate to cover exempt purchases from multiple vendors. Provides that a blanket exemption allows a taxpayer to use one blanket exemption at any of a single vendor's locations and does not require the taxpayer to issue a separate exemption certificate at each of the vendor's locations.

AI Summary

This bill modifies Indiana's sales tax exemption rules for nonprofit and exempt organizations, specifically focusing on how these organizations can obtain and use tax exemption certificates. The bill allows the Department of State Revenue to issue blanket sales tax exemption certificates that can be used across multiple vendors and locations, eliminating the need for separate exemption certificates at each vendor's site. Under the new provisions, exempt organizations registered with the department can now use a single blanket exemption certificate over a specified period, which simplifies the tax compliance process for nonprofits. The bill also clarifies existing rules about how sellers should handle incomplete exemption certificates, giving them 90 days to obtain fully completed certificates or relevant data to substantiate tax exemptions. Additionally, the bill updates some technical language, such as changing "Internet web site" to "website," and provides more detailed guidance about how exemption certificates work for different types of exempt entities, including power subsidiaries and organizations exempt under specific Indiana tax code sections.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

First reading: referred to Committee on Ways and Means (on 01/21/2025)

bill text


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