IN HB1521 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 20 2015 - 25% progression, died in committee
Action: 2015-01-22 - Representative Morrison added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Community development area. Provides that a city or town may establish a special taxing district known as a community development area. Provides for the capture of sales taxes collected by taxpayers operating in a community development area. Provides that the tax revenue captured by a community development area must be used to pay for capital improvements in the community development area. Provides that a community development area expires 30 years after the community development area is established.

Tracking Information

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Title

Community development area. Provides that a city or town may establish a special taxing district known as a community development area. Provides for the capture of sales taxes collected by taxpayers operating in a community development area. Provides that the tax revenue captured by a community development area must be used to pay for capital improvements in the community development area. Provides that a community development area expires 30 years after the community development area is established.

Sponsors


History

DateChamberAction
2015-01-22HouseRepresentative Morrison added as coauthor
2015-01-20HouseFirst Reading: referred to Committee on Ways and Means
2015-01-20HouseAuthored by Representative Heaton

Indiana State Sources


Bill Comments

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