Bill Title: Marion County CRED district. Provides that a community revitalization enhancement district (district) that is established in Marion County before May 1, 2017, may use captured tax revenue and funds from its industrial revenue fund to improve the value of real property in the district to be more suitable for residential development. Amends the definition of "qualified investment" for purposes of the community revitalization enhancement district tax credit to include a taxpayer's expenditures made on residential property in a district in Marion County established before May 1, 2017.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2017-02-06 - Senator Taylor G added as second author [SB0535 Detail]

Text: Latest bill text (Introduced) [PDF]

---

Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Michael Delph [R]	Primary	Sponsored Bills	SD-029	FollowTheMoney	Ballotpedia	VoteSmart
Senator Greg Taylor [D]	Primary	Sponsored Bills	SD-033	FollowTheMoney	Ballotpedia	VoteSmart

Social Comments on IN SB0535