Bill Title: Tax increment financing. Provides that if a redevelopment commission adopts a declaratory resolution or amendment after June 30, 2015, that establishes, renews, or expands an allocation provision or area, the base assessed value used to determine the amount of allocated tax proceeds for the redevelopment district must be increased each year so that the incremental assessed value is 50% of the incremental assessed value in the allocation area without the increase. Provides that for the allocation area in Marion County that is identified as the Consolidated Allocation Area, the expiration date for the allocation area is June 30, 2026, or

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2015-02-03 - Representative Pryor added as coauthor [HB1018 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-01-07	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1018

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1018 currently on file.

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