Indiana Governor signs House Enrolled Act No. 1046
Monday, April 20, 2015
Section: States




Indiana Governor Mike Pence signed House Enrolled Act No. 1046 on April 15, 2015—an Act concerning interim study committees.

Be it enacted by the General Assembly of the State of Indiana:

    SECTION 1. [EFFECTIVE JULY 1, 2015]
    (a) The legislative council is urged to assign the following topics to an appropriate interim study committee during the 2015 interim:
    (1) Whether transactions involving the sale of precious metals bullion or currency should be exempt from the state gross retail tax.
    (2) Whether transactions involving the lease or rental of storage for precious metals bullion or currency should be exempt from the state gross   retail tax.
    (b) This SECTION expires December 31, 2015 .

In-depth studies of important issues often are conducted by committees during interims because of the limited time that the legislature is in session. Most interim studies result in a report containing the committee’s findings and recommendations.

Since the House and Senate voted respectively 94-0 and 47-3 passing HB 1046, we are confident that an interim study would also result in a favorable report. Nevertheless, the special session will be closely monitored until it adjourns.

Your support is making these efforts a realization. Please contact Silver Towne COO Matt Lesher (765.584.7481) to learn how you may help.