IN HB1603 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2023 - 25% progression, died in committee
Action: 2023-01-19 - 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 19 2023 - 25% progression, died in committee
Action: 2023-01-19 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Kosciusko County development area. Establishes the community development area board (board) in Kosciusko County. Establishes procedures for appointing members to the board. Allows the board to adopt a resolution establishing a community development area (tax area). Requires that the tax area include a facility or complex of facilities used by certain businesses in the medical industry. Requires the board to submit a resolution establishing a tax area to the budget committee and budget agency for review and approval. Allows a tax area to receive incremental state income tax revenue attributable to the tax area. Provides that a tax area terminates not later than 20 years after incremental tax revenues are first allocated to the tax area.
Title
Kosciusko County development area.
Sponsors
Rep. Craig Snow [R] |
History
Date | Chamber | Action |
---|---|---|
2023-01-19 | House | First reading: referred to Committee on Ways and Means |
2023-01-19 | House | Authored by Representative Snow |
Subjects
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2023/bills/house/1603/details |
Text | https://iga.in.gov/legislative/2023/bills/house/1603/#1.INTR |