Requires each local unit that imposes a food and beverage tax to annually report information concerning distributions and expenditures of amounts received from the food and beverage tax. Authorizes the city of Columbia City to impose a food and beverage tax.
Defines "financial information". Enhances the sentence of an offense against intellectual property to a Level 5 felony if the data, computer program, or supporting documentation that is modified, destroyed, or disclosed contains protected health information or financial information. Provides that an offense against computer users is a Level 5 felony if the computer, computer system, or computer network that is the subject of the unauthorized use contained an individual's protected health information or financial information. Provides that an offense of computer trespass is a Level 6 felony if the computer system, computer network, or any part of the computer system or computer network that was subject to the unauthorized use contained protected health information or financial information.
Establishes a tax credit (credit) for a contribution to an affordable housing organization (organization). Requires the Indiana economic development corporation to approve each organization applicant as an organization for which a taxpayer is eligible to claim a credit for a contribution. Provides that the amount of the credit is equal to 50% of the amount of the contribution that is not more than $20,000 made to the organization. Provides that the credit may be carried forward for five years following the unused credit year. Provides (subject to certain conditions) that the total amount of tax credits awarded may not exceed $100,000 in each state fiscal year. Requires the department of state revenue (department) to post certain information about the credit on a website used by the department to provide information to the public. Allows the department to adopt rules to implement the credit.
Provides that a court-martial of a member of the Indiana national guard may be convened by orders of the governor or the adjutant general. (Current law provides that a court-martial of a member of the Indiana national guard may be convened by orders of the governor.) Provides that a member of the Indiana national guard may not demand trial by court-martial in lieu of nonjudicial punishment. Removes a provision permitting a commanding officer to order a member of the officer's command to be confined under correctional custody for not more than eight days. Makes changes to the disciplinary punishment an officer exercising command may impose.
Requires the board of trustees of the Indiana public retirement system (board) to make investment decisions with the primary purpose of maximizing the target rate of return on the board's investments. Prohibits the board from making an investment decision with the purpose of influencing any social or environmental policy or attempting to influence the governance of any corporation for nonpecuniary purposes. Specifies an exception. Requires the board to adopt a policy that ensures proxy voting and engagement is based primarily on maximizing the target rate of return on the board's investments. Provides certain guidelines and reporting requirements for proxy voting in relation to the administration of the public pension and retirement funds of the system.
Urges the legislative council to assign the topic of various housing matters to the appropriate interim study committee.
Establishes a procedure for the lawful production and sale of cannabis in Indiana. Makes conforming amendments. Makes an appropriation.
Authorizes certain pass through entities to make an election to pay tax at the entity level based on each owner's aggregate share of adjusted gross income. Provides a refundable tax credit equal to the amount of tax paid by the electing entity with regard to the owner's share. Allows a credit for pass through entity taxes that are imposed by and paid to another state. Makes certain changes to provisions that apply to taxpayers who file a combined return for the financial institutions tax. Makes conforming changes for purposes of partnership audit and administrative adjustments.
Provides a sales tax exemption for feminine hygiene products.
Provides that a county executive or mayor of a city may waive certain active duty or residency requirements for a service officer if the unit is unable to find a candidate that meets those requirements.
