SB 141 - Requires the Budget Agency to Withhold Income Tax Revenue from an Eligible County - Indiana Key Vote

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Title: Requires the Budget Agency to Withhold Income Tax Revenue from an Eligible County

Vote Smart's Synopsis:

Vote to pass a bill that requires the budget agency to withhold local income tax revenue from an eligible county if the eligible county fails to raise certain revenues for a public transportation project.

Highlights:

 

  • Requires eligible County officials to use between 10-25 percent of their annual operating budget on operating expenses for public transportation projects or, beginning June 30, 2021 have the state auditor withhold between 10-25 percent of additional income tax revenue (Sec. 2).

  • Requires the budget committee to annually review the amount raised from fares and charges from fares and charges from public transportation projects in eligible counties (Sec. 4).

Title: Requires the Budget Agency to Withhold Income Tax Revenue from an Eligible County

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