IndianaIndiana tax rules use a July 2025 federal code date
For three specified federal tax provisions, Indiana's tax code uses the federal code as it stood on July 4, 2025.
What it does
For three named federal tax code provisions, Indiana uses July 4, 2025, as the reference date for the federal code. This rule takes effect retroactively on January 1, 2025.
Argument forTaxpayers covered by these provisions could have Indiana rules follow a more recent federal code version, which may reduce mismatches.
Argument againstTaxpayers may need to track different federal code dates for these provisions and other Indiana tax rules, which could make returns harder to prepare.
More detail
Indiana's tax definition uses the federal code as of July 4, 2025, for the listed provisions. It covers only three named parts of the federal tax code: sections 23, 168(e)(3)(B)(vi), and 223(c)(2)(E). This provision takes effect retroactively on January 1, 2025. For the three listed provisions, this section treats references to January 1, 2023, as references to July 4, 2025.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 29Public Law 1Latest
- Jan 29Signed by the Governor Mike BraunBecame Law
- Jan 28Signed by the SpeakerMajor
- Vote recorded SB 212 - Thompson - 3rd Reading. Result: pass.Lower
- Jan 28Third reading: passed; Roll Call 109: yeas 96, nays 0Major
- Jan 28Signed by the President of the SenateMajor
- Jan 28Signed by the President Pro TemporePassed House
- Jan 28Returned to the Senate without amendmentsMinor
- Jan 27Second reading: ordered engrossedMinor
- Vote recorded SB 212 - Thompson - 2nd Reading. Result: fail.Lower
- Jan 27Amendment #1 (Porter) failed; Roll Call 106: yeas 29, nays 62Major
- Jan 22Committee report: do pass, adoptedMinor
- Jan 20First reading: referred to Committee on Ways and MeansMinor
- Jan 15Referred to the HouseMinor
- Vote recorded SB 212 - Holdman - 3rd Reading. Result: pass.Upper
- Jan 15Cosponsor: Representative Snow
- Jan 15House sponsor: Representative Thompson
- Jan 15Third reading: passed; Roll Call 27: yeas 48, nays 0Passed Senate
- Jan 13Second reading: ordered engrossedMinor
- Jan 12Senator Baldwin added as second author
- Jan 12Senator Rogers added as third author
- Jan 12Committee report: do pass, adoptedMinor
- Jan 6Authored by Senator Holdman
- Jan 6First reading: referred to Committee on Tax and Fiscal PolicyIntroduced
Taxes & Budget