December 14, 2015

Totals From Indiana's Tax Amnesty Collections Still Rising

Totals From Indiana's Tax Amnesty Collections Still Rising

INDIANAPOLIS -- The total in delinquent tax payments collected through Indiana’s tax amnesty program continues to increase as the state processes payments. 

When the state closed its tax amnesty period – which allowed people to pay back taxes without penalties, interest or fines – it announced it had collected about $100 million, with another $21 million promised by June through payment plans. 

As the Department of Revenue continues processing payments sent in by the Nov. 16 deadline, it now says more than 65,000 taxpayers have sent in about $137 million, with that number expected to grow even more. 

The first $90 million from tax amnesty are earmarked for specific projects – $84 million for the Regional Cities Initiative and $6 million for the Hoosier State Passenger Rail Line.  The rest goes into the state’s General Fund.

Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

Related News

Indiana bill to punish people sleeping outside fails, but language could come back
Safe Park Indy looks to add a second Indianapolis location as waitlist grows
Advocates warn election results could lead to more limits on reproductive rights