Pulaski County will not be able to retroactively collect local option income taxes. Governor Mike Pence has vetoed a bill that would have allowed the county to collect local option taxes after the legal authority to do had expired. Pence said in a statement, “If Hoosiers owe taxes, they should pay them. But when Hoosiers pay taxes that are not owed, they deserve relief, and this legislation does not meet that standard.”
He adds that retroactive approval of the taxes collected is not the proper remedy for Hoosiers. Pence says he looks forward to working with the General Assembly during the next session to resolve the matter. Meanwhile, he has directed the Office of Management and Budget to develop options for refunding or crediting the revenues in question.