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]

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.

Tracking Information

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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

DateChamberAction
2018-01-09HouseFirst reading: referred to Committee on Ways and Means
2018-01-09HouseAuthored by Representative Bartels

Indiana State Sources


Bill Comments

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