IN SB0319 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2012 - 25% progression, died in committee
Action: 2012-01-05 - First reading: referred to Committee on Commerce & Economic Development
Pending: Senate Commerce & Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 5 2012 - 25% progression, died in committee
Action: 2012-01-05 - First reading: referred to Committee on Commerce & Economic Development
Pending: Senate Commerce & Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Allows a certified technology park to capture incremental state income and sales taxes and local income taxes for a business that incubates in the park and then relocates outside the park but within the same county. Phases out the amount of the captured increment over five years. Allows a certified technology park to apply to the Indiana economic development corporation (IEDC) to redraw the boundaries of the park's district at the time of a recertification. Allows the IEDC to redraw the district if the IEDC finds that certain conditions are present.
Title
Certified technology parks.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-05 | First reading: referred to Committee on Commerce & Economic Development | |
| 2012-01-05 | Authored by Senator Lanane |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2012&session=1&request=getBill&doctype=SB&docno=0319 |
| Text | http://www.in.gov/legislative/bills/2012/IN/IN0319.1.html |
