States / Indiana / SB 259

SB 259 Enacted

Partnership composite returns.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Removes penalty provisions that apply if a pass through entity fails to include in a composite return nonresident partners, nonresident shareholders, or nonresident beneficiaries that do not have distributive share income of greater than $0. Makes conforming changes.

Chamber
Senate
Introduced
Jan 8, 2026
Last action
Mar 3, 2026 — Signed by the Governor
Session
2026
Momentum
89 · Very high