Bill Text: IN HB1619 | 2015 | Regular Session | Enrolled
Bill Title: South Shore sales tax increment district. Provides for a Chicago, South Shore, and South Bend Railway sales tax increment financing corridor that exists through 2045. Provides that 75% of the sales and use taxes collected within the corridor above the amount collected in 2014 is to be allocated to the northwest Indiana regional development authority. Provides that up to 67% of the allocation may be used for project financing and the remainder must be used to provide dollar for dollar matching grants for any eligible municipality or political subdivision that commits to participate in the Westlake corridor improvement project using
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2015-01-22 - First Reading: referred to Committee on Ways and Means [HB1619 Detail]
Download: Indiana-2015-HB1619-Enrolled.pdf