HB 1025 extends some deadlines for innkeeper’s taxes. Howard County’s innkeeper’s tax was supposed to decrease from 5% to 4% on June 30, 2007. With passage of this bill, the decrease date is extended for 7 years. It extends the expiration date of the Nashville food and beverage tax from July 1, 2007 to July 1, 20012. And, it extends the period of time during which a nonprofit corporation (Prophetstown?) in Tippecanoe County gets a cut of Tippecanoe County’s innkeeper’s tax.
20012? Wow, first a 75-year lease on a road, now a tax that extends 18,006 years! What will Indiana think of next? 50,000 year term limits?
;-)
Bah. Typo.