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HB1332 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Jeffrey Thompson
Last action
2026-01-06
Official status
Introduced House Bill (H)
Effective date
Not listed

Plain English Breakdown

The official source material does not specify which exact provisions from Public Law 119-21 will be matched by this bill.

Indiana Tax Changes to Match Federal Rules

This bill changes how Indiana defines the Internal Revenue Code for state income taxes to match certain provisions from Public Law 119-21.

What This Bill Does

  • Amends the definition of 'Internal Revenue Code' for state income tax purposes to conform with certain provisions enacted in Public Law 119-21.

Who It Names or Affects

  • People who pay state income taxes in Indiana
  • Tax agencies that collect and manage state income taxes

Terms To Know

Internal Revenue Code
The main set of laws about federal taxes in the United States.
Public Law 119-21
A major federal law from 2025 that changed many tax rules.

Limits and Unknowns

  • The bill does not specify which exact parts of Public Law 119-21 it will match.
  • It is unclear when the changes to Indiana's tax laws will take effect.

Bill History

  1. 2026-01-06 House

    Authored by Representative Thompson

  2. 2026-01-06 House

    First reading: referred to Committee on Ways and Means

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Internal Revenue Code conformity.

Current Bill Text

Read the full stored bill text
A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Internal Revenue Code conformity.

Amends the definition of "Internal Revenue Code" for state income tax purposes to conform with certain provisions enacted in Public Law 119-21 (H.R. 1) (commonly known as the One Big Beautiful Bill Act of 2025).