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Tuesday, July 7, 2026

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IN · SB0202CMTE · 1 COSPONSOR

Taxation of remittances.

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Plain-English Summary

Taxation of remittances. Requires a money transmitter (entities licensed under the Money Transmission Modernization Act) to collect and remit an international money wiring fee from senders of a money transmission transaction to a location outside of the United States. Provides an income tax credit to an individual who is a citizen or national of the United States, or an alien who has lawful permanent resident status or conditional permanent resident status, and paid an international money wiring…

Source: OpenStates · fetched January 8, 2026

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