1. (a) This section applies to tax receipts for adjusted gross income taxes due and owing for a taxable year beginning after December 31, 2023.

2. (b) The department shall annually provide to an individual who is a resident of Indiana who:

   1. (1) has an individual INTIME electronic account with the department; and

   2. (2) filed an individual adjusted gross income (as defined in IC 6-3-1-3.5 (a)) tax return with the department;

      a taxpayer receipt.

3. (c) The department, in consultation with the budget agency, shall create the taxpayer receipt in a way that is easy to read and understand. The taxpayer receipt must include an explanation of the following:

   1. (1) That all revenues derived from collection of the adjusted gross income tax imposed on persons shall be deposited in the state general fund as required under IC 6-3-7-3 (b).

   2. (2) The manner in which state general fund revenues are appropriated by the general assembly, using the list of all appropriations compiled under IC 4-12-1-12 , including the use of pie charts to graphically demonstrate how the revenues are expended.

      The taxpayer receipt may include information concerning the use of other taxes paid by the taxpayer based on actual data or estimates.

4. (d) The taxpayer receipt shall be posted on the taxpayer's individual INTIME account.
5. (e) The department is prohibited from providing a taxpayer with a copy of the taxpayer receipt by mail.

6. (f) The department, in consultation with the budget agency, shall create and administer an Internet web page on which individual taxpayers may access an estimate of the allocation of their adjusted gross income taxes to various expenditure categories for the most recent state fiscal year based on the adjusted gross income taxes paid by the taxpayer. The web page created under this subsection must contain the following elements:

   1. (1) The web page must be conveniently and easily accessible.
   2. (2) A link to the web page must be prominently displayed on the department's main website.

   3. (3) The web page must provide an estimate of the allocation of the statewide spending of adjusted gross income tax revenue broken down under the following categories:

      1. (A) Public Education.
      2. (B) Higher Education.
      3. (C) Social Services.
      4. (D) Infrastructure.
      5. (E) Criminal Justice.
      6. (F) Economic Development.
      7. (G) Environment and Natural Resources.
      8. (H) Elected Officials.

      9. (I) General Government.

         The estimate under this subdivision must include the amount and the percentage of adjusted gross income tax revenue allocated to each category.

   4. (4) The web page must provide an estimate of an individual taxpayer's contribution based on the individual's input of their adjusted gross income tax payments.

      The department shall include a link to the web page created under this subsection on the Indiana individual income tax return, Form IT-40.

As added by P.L.239-2023, SEC.17.