IN HB1545 | 2021 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 14 2021 - 25% progression
Action: 2021-01-14 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Certified technology parks. Provides that once a certified technology park reaches its cap, an additional amount equal to incremental income taxes shall be captured (not to exceed $500,000 annually or in the case of a certified technology park operated by two or more redevelopment commissions, $500,000 per redevelopment commission). (Currently, the additional deposit may not exceed $100,000.) Provides that an additional deposit in excess of a cap is applicable only to a certified technology park located in Crane, Indiana, or within a radius of five miles of a qualified military base.

Tracking Information

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Title

Certified technology parks.

Sponsors


History

DateChamberAction
2021-01-14HouseFirst reading: referred to Committee on Ways and Means
2021-01-14HouseCoauthored by Representative Lindauer
2021-01-14HouseAuthored by Representative Ellington

Indiana State Sources


Bill Comments 750

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