IN SB0262 | 2022 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on January 26 2022 - 50% progression, died in committee
Action: 2022-02-10 - Representative Andrade M added as cosponsor
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]

Summary

Housing tax credits. Provides an affordable and workforce housing state tax credit against state tax liability to a taxpayer for each taxable year in the state tax credit period of a qualified project in an aggregate amount that does not exceed the product of a percentage between 40% and 100% and the amount of the taxpayer's aggregate federal tax credit for the qualified project. Provides that an eligible applicant must apply to the Indiana housing and community development authority for an award of an affordable and workforce housing state tax credit. Provides that a holder of an affordable and workforce housing state tax credit may transfer, sell, or assign all or part of the holder's right to claim the state tax credit for a taxable year.

Tracking Information

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Title

Housing tax credits.

Sponsors


Roll Calls

2022-01-24 - Senate - Senate - Third reading (Y: 47 N: 0 NV: 0 Abs: 2) [PASS]
2022-01-18 - Senate - Senate - Committee Vote (Y: 11 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-02-10HouseRepresentative Andrade M added as cosponsor
2022-02-01HouseFirst reading: referred to Committee on Ways and Means
2022-01-26SenateReferred to the House
2022-01-25SenateSenator Randolph added as coauthor
2022-01-24SenateSenator Charbonneau added as coauthor
2022-01-24SenateHouse sponsor: Representative Heine
2022-01-24SenateThird reading: passed; Roll Call 56: yeas 47, nays 0
2022-01-20SenateSenators Busch, Lanane, Qaddoura added as coauthors
2022-01-20SenateSecond reading: ordered engrossed
2022-01-18SenateSenator Rogers added as second author
2022-01-18SenateCommittee report: do pass, adopted
2022-01-10SenateFirst reading: referred to Committee on Tax and Fiscal Policy
2022-01-10SenateAuthored by Senator Holdman

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2022/bills/senate/262/details
Texthttp://iga.in.gov/static-documents/8/5/9/0/859093db/SB0262.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/b/3/d/4/b3d49bc3/SB0262.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/1/6/1/7/1617dd2b/SB0262.02.COMS.pdf
Supplementhttp://iga.in.gov/static-documents/c/e/1/1/ce119685/SB0262.01.INTR.FN001.pdf
Supplementhttp://iga.in.gov/static-documents/a/0/c/3/a0c3887f/SB0262.01.INTR.CRS001.pdf
Supplementhttp://iga.in.gov/static-documents/c/1/5/e/c15ea2a1/SB0262.02.COMS.FN001.pdf
Supplementhttp://iga.in.gov/static-documents/f/5/9/7/f597c8c1/SB0262.02.COMS.FN002.pdf
Supplementhttp://iga.in.gov/static-documents/e/6/b/3/e6b33d9e/SB0262.02.COMS.FN003.pdf
Roll Callhttp://iga.in.gov/static-documents/6/9/9/3/6993acd9/SB0262.01.INTR.03.pdf
Roll Callhttp://iga.in.gov/static-documents/5/8/1/a/581a2488/SB0262.56_S.pdf

Bill Comments

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