Bill Title: Tax credits. Establishes the regional development tax credit (credit). Allows a taxpayer to apply to the Indiana economic development corporation (IEDC) for the credit. Provides that a taxpayer is entitled to a credit against state tax liability if: (1) the taxpayer makes a qualified investment for the redevelopment or rehabilitation of real property that is vacant or underused; and (2) the qualified investment is approved by the IEDC. Specifies the factors that the IEDC shall consider in evaluating applications for a proposed qualified investment. Specifies that the credit is subject to an agreement entered into by the IEDC and the

Spectrum: Slight Partisan Bill (Republican 3-1)

Status: (Introduced - Dead) 2018-01-18 - Representatives Sullivan, Slager, Goodin added as coauthors [HB1048 Detail]

Text: Latest bill text (Introduced) [PDF]

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