# Indiana SB 407: Tax credit for employer guard and reserve expenses.

Indiana SB 407, Tax credit for employer guard and reserve expenses., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Rodney Pol (Democratic); status failed, last action 2025-01-29 (Senators Doriot and Maxwell added as coauthors) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-SB407-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana SB 407
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: Tax credit for employer guard and reserve expenses.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-13
- Last action: 2025-01-29, Senators Doriot and Maxwell added as coauthors
- Sponsor: Rodney Pol (Democratic)
- Cosponsors: 3
- Subjects: veterans affairs and the military, tax and fiscal policy
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Establishes a tax credit for a taxpayer that employs a member of a reserve component of the armed forces of the United States or the Indiana National Guard. Requires the taxpayer to submit certain information to the department of state revenue to claim the credit.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Rodney Pol (Democratic), Senate
- Cosponsor: Blake Doriot (Republican), Senate
- Cosponsor: James Tomes (Republican), Senate
- Cosponsor: Randy Maxwell (Republican), Senate

## Actions (5)

- 2025-01-29: Senators Doriot and Maxwell added as coauthors (Senate)
- 2025-01-28: Committee report: do pass adopted; reassigned to Committee on Tax and Fiscal Policy (Senate)
- 2025-01-23: Senator Tomes added as second author (Senate)
- 2025-01-13: Authored by Senator Pol (Senate)
- 2025-01-13: First reading: referred to Committee on Veterans Affairs and The Military (Senate)

## Bill text

- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0407/versions/SB0407.01.INTR?format=pdf)
- Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0407/versions/SB0407.02.COMS?format=pdf)

## Related bills

- SB 324: Criminal procedures. (signed)
- SB 231: Various corrections matters. (signed)
- SB 80: Code publication. (signed)
- SB 453: Various tax matters. (signed)
- SB 464: Financial institutions and consumer credit. (signed)
- SB 371: Workforce matters. (signed)

## Sources
- [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0407/versions/SB0407.01.INTR?format=pdf)
- [Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0407/versions/SB0407.02.COMS?format=pdf)

## Related
- [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025)
- [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2025)
- [SB 453: Various tax matters.](https://policyrisk.com/state-bill/IN-SB453-2025)
- [SB 464: Financial institutions and consumer credit.](https://policyrisk.com/state-bill/IN-SB464-2025)
- [SB 371: Workforce matters.](https://policyrisk.com/state-bill/IN-SB371-2025)
- [Indiana bills](https://policyrisk.com/states/indiana/bills)
- [Indiana state hub](https://policyrisk.com/states/indiana)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IN-SB407-2025 (as of 2026-10-17).