Bill Sponsors state Reps. Todd Huston (left) and Tim Brown (right) join Gov. Holcomb as he signs SEA 257.

Gov. Holcomb signs bill to encourage Indiana’s growing tech sector

INDIANAPOLIS – Gov. Eric J. Holcomb today signed SEA 257 into law at DemandJump—an Indianapolis-based software as a service company. The bill exempts software as a service from state sales tax, making Indiana one of only four states in the nation to do so.

“This was an issue I didn’t know much about a year ago, but as I travelled the state, it came up again and again when I met with tech leaders,” Gov. Holcomb said. “To me, this is a prime example of how quick and responsive our state can be to meet the needs of our partners.”

This map from McDermitt, Will & Emery shows how Indiana stacks up with other states in sales tax for software as a service.

 

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