The Indiana General Assembly began its legislative session on January 5, with lawmakers set to decide on the future of the 20% Small Business Deduction. The legislation under consideration would align Indiana’s tax code with recent federal changes, including making permanent the 20% Small Business Deduction as established in the One Big Beautiful Big Act.
Supporters argue that maintaining this deduction is important for small business owners across Indiana. They are encouraging constituents to contact their legislators and express support for adopting the provision.
“Indiana small business owners like you deserve to keep the tax provisions passed last summer. Now is the time to let your lawmaker know the importance of adopting the 20% Small Business Deduction and why it’s crucial to your small business.”
No further details were provided about how or when a decision will be made by state lawmakers.
