Indiana · 2025 Regular Session · Bill
HB 1603: Credit for automobile loan interest expenses.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1603 is a bill introduced in the Indiana House on January 21, 2025. According to its official title, it concerns: Credit for automobile loan interest expenses. Primary sponsor: Blake Johnson (Democratic). Most recent recorded action (January 21, 2025): Authored by Representative Johnson B.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides a nonrefundable state income tax credit to an individual for interest paid on an outstanding loan or lease agreement for a personal motor vehicle during a taxable year.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Blake Johnson | Primary sponsor | Democratic | House | 100 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Authored by Representative Johnson B
- First reading: referred to Committee on Ways and Means