Bill Title: Allocation of sales taxes for Main Street program. Permits certain municipalities with: (1) a population of not more than 40,000; and (2) an area that is designated as an Indiana main street; to establish a heritage commerce district to capture sales tax within the Indiana main street area (tax area) to be used for certain capital projects and infrastructure improvements. Provides that the total sales taxes captured in a tax area in a state fiscal year may not exceed $500,000. Provides that the sales taxes captured and distributed to all municipalities in a state fiscal year in the aggregate may

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-10 - First reading: referred to Committee on Tax and Fiscal Policy [SB0356 Detail]

Text: Latest bill text (Introduced) [PDF]

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