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Tuesday, July 7, 2026

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IN · SB0243INTRO · 7 COSPONSORS

Various tax matters.

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Plain-English Summary

Various tax matters. Amends and adds state income tax statutes to conform with certain provisions enacted in Public Law 119-21 (H.R. 1) (commonly known as One Big Beautiful Bill Act of 2025). Specifies rounding provisions for cash transactions with regard to the penny phaseout. Amends state income tax withholding provisions for gambling winnings. Amends the definition of "contribution" for purpose of the state income tax credit for contributions to an ABLE account. Amends provisions regarding co…

Source: OpenStates · fetched March 5, 2026

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