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Portions Of Laws Passed Last Year Now In Effect

Most new state laws take effect at the start of the fiscal year in July, but there are exceptions.

state house

Photo: Wikimedia

An independent commission that makes recommendations on pay raises for legislators and state officeholders has been reestablished.

The new year means a handful of new laws on Indiana‘s books.  Most new state laws take effect at the start of the fiscal year in July, but there are exceptions. Portions of eight laws passed last year took effect on Tuesday.

The list includes a requirement that businesses pay their sales and withholding taxes online. New businesses have had to file online since 2009. Indiana Retail Council president Grant Monahan says existing stores have had plenty of time to make the transition and that paying sales and withholding taxes online may be good for retailers.

“I think the beneficiary here truly is the state of Indiana, by eliminating any kind of float time, but it can help retailers with their administrative costs and the administrative hurdles they have to go through to remit sales tax every month,” Monahan says.

The new year inaugurates a new cycle for property reassessment. Assessors are to draft a plan breaking their territory into four equal pieces.

Barry Wood with the department of local government finance says instead of having to reassess entire counties in a 20-month period, county assessors will now break their territory into quarters.

“The assessor is able to spread their work out over a four-year period of time,” Wood says. “They‘re able to go out and spend perhaps more time in the field, and making sure the underlying parcel characteristics of a property are correct.”

By 2015, they will begin assessing a quarter of those parcels each year on a rotating basis.

Three state boards which consider environmental permits have been abolished and replaced by a single Environmental Rules Board.

And an independent commission which makes recommendations on pay raises for legislators and state officeholders has been reestablished. The panel was formed in 2004, but no one has suggested a pay hike for years.

Because the panel has not met, it was accidentally eliminated in 2011 in a purge of dormant state boards.

Network Indiana

Network Indiana Indiana's Only Audio News Network. Network Indiana is dedicated to providing the state of Indiana important and useful information.

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