IN HB1210 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Main street downtown redevelopment districts. Provides that a city or town having a population that does not exceed 20,000 (eligible municipality) may establish a main street downtown redevelopment district (district) within the eligible municipality for the purpose of capturing sales tax collected by businesses located in the district. Provides that the sales tax increment distributed to each eligible municipality that establishes a district may be used to pay for improvements in the district or the financing of improvements in the district.
Title
Main street downtown redevelopment districts. Provides that a city or town having a population that does not exceed 20,000 (eligible municipality) may establish a main street downtown redevelopment district (district) within the eligible municipality for the purpose of capturing sales tax collected by businesses located in the district. Provides that the sales tax increment distributed to each eligible municipality that establishes a district may be used to pay for improvements in the district or the financing of improvements in the district.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2018-01-09 | House | First reading: referred to Committee on Ways and Means |
2018-01-09 | House | Authored by Representative Bartels |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2018/bills/house/1210/details |
Text | http://iga.in.gov/static-documents/7/a/6/0/7a60b20f/HB1210.01.INTR.pdf |