Indiana · 2025 Regular Session · Bill
SB 316: Investment partnership tax.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 316 is a bill introduced in the Indiana Senate on January 13, 2025. According to its official title, it concerns: Investment partnership tax. Primary sponsor: Craig Snow (Republican), Travis Holdman (Republican), Scott Baldwin (Republican). Most recent recorded action (March 3, 2025): First reading: referred to Committee on Ways and Means.
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 certain sourcing rules for the adjusted gross income of an investment partnership. Defines "investment partnership".
Sponsors
Sponsors by party (alphabetical): Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Craig Snow | Primary sponsor | Republican | House | 22 |
| Travis Holdman | Primary sponsor | Republican | Senate | 19 |
| Scott Baldwin | Primary sponsor | Republican | Senate | 20 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- First reading: referred to Committee on Ways and Means
- Referred to the House
- Third reading: passed; Roll Call 91: yeas 47, nays 2
- House sponsor: Representative Snow
- Second reading: ordered engrossed
- Committee report: amend do pass, adopted
- Senator Holdman added as second author
- First reading: referred to Committee on Tax and Fiscal Policy
- Authored by Senator Baldwin