Indiana · 2025 Regular Session · Bill
SB 357: Accelerated depreciation.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 357 is a bill introduced in the Indiana Senate on January 13, 2025. According to its official title, it concerns: Accelerated depreciation. Primary sponsor: Scott Baldwin (Republican), Linda Rogers (Republican). It lists 1 additional sponsor. Most recent recorded action (February 17, 2025): Senator Randolph added as coauthor.
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.
Couples Indiana depreciation provisions with federal depreciation provisions under Section 179 of the Internal Revenue Code (Section 179). Increases the Section 179 threshold from $25,000 to $100,000 for Indiana adjusted gross income purposes. Makes technical changes.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Scott Baldwin | Primary sponsor | Republican | Senate | 20 |
| Linda Rogers | Primary sponsor | Republican | Senate | 11 |
| Lonnie Randolph | Co-sponsor | Democratic | Senate | 2 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Senator Randolph added as coauthor
- First reading: referred to Committee on Tax and Fiscal Policy
- Authored by Senators Rogers and Baldwin