Senate Bill 0100 Local option income taxes. Passed 80-14.
Provides that a civil taxing unit’s distributive share of county option income taxes may be used for any lawful purpose. Expands the use of the county economic development income tax to any lawful purpose of a county, city, or town. Authorizes Miami County and Howard County to increase their respective county option income taxes by 0.25% over the maximum rates for county jail purposes.
It now returns to the Senate. Looks like the primary changes made by the House had to do with giving Howard and Miami Counties special dispensation. Previously, local option income taxes receipts were primarily limited to use in capital projects and economic development projects.
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