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HB 1545 IN

Certified technology parks.

IN · session 2021 · Assembly / House · bill

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Introduced Jan 14, 2021

Latest action (Jan 14, 2021) First reading: referred to Committee on Ways and Means

Summary

Provides that once a certified technology park reaches its cap, an additional amount equal to incremental income taxes shall be captured (not to exceed $500,000 annually or in the case of a certified technology park operated by two or more redevelopment commissions, $500,000 per redevelopment commission). (Currently, the additional deposit may not exceed $100,000.) Provides that an additional deposit in excess of a cap is applicable only to a certified technology park located in Crane, Indiana, or within a radius of five miles of a qualified military base.

Sponsor (1)
  • Jeff Ellington · author
1 coauthor / cosponsor

Action history (3)
  1. Jan 14, 2021 Coauthored by Representative Lindauer · lower
  2. Jan 14, 2021 Authored by Representative Ellington · lower
  3. Jan 14, 2021 First reading: referred to Committee on Ways and Means · lower
Subjects
ECONOMIC DEVELOPMENT generallySCIENCE AND TECHNOLOGYTAXES generally

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 13, 2021 · PDF

Full text

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