SB 262 IN

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Passed One Chamber

Provides an affordable and workforce housing state tax credit against state tax liability to a taxpayer for each taxable year in the state tax credit period of a qualified project in an aggregate amount that does not exceed the product of a percentage between 40% and 100% and the amount of the taxpayer's aggregate federal tax credit for the qualified project. Provides that an eligible applicant must apply to the Indiana housing and community development authority for an award of an affordable and workforce housing state tax credit. Provides that a holder of an affordable and workforce housing state tax credit may transfer, sell, or assign all or part of the holder's right to claim the state tax credit for a taxable year.

• Travis Holdman Republican · author
• Linda Rogers Republican · author
• Dave Heine Republican · sponsor

1. Jan 10, 2022 Authored by Senator Holdman · upper
2. Jan 10, 2022 First reading: referred to Committee on Tax and Fiscal Policy · upper
3. Jan 18, 2022 Committee report: do pass, adopted · upper
4. Jan 18, 2022 Senator Rogers added as second author · upper
5. Jan 20, 2022 Second reading: ordered engrossed · upper
6. Jan 20, 2022 Senators Busch, Lanane, Qaddoura added as coauthors · upper
7. Jan 24, 2022 Third reading: passed; Roll Call 56: yeas 47, nays 0 · upper
8. Jan 24, 2022 House sponsor: Representative Heine · upper
9. Jan 24, 2022 Senator Charbonneau added as coauthor · upper
10. Jan 25, 2022 Senator Randolph added as coauthor · upper
11. Jan 26, 2022 Referred to the House · upper
12. Feb 1, 2022 First reading: referred to Committee on Ways and Means · lower
13. Feb 10, 2022 Representative Andrade M added as cosponsor · lower

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.

• Senate Bill (S) · Jan 18, 2022 · PDF
• Introduced Senate Bill (S) · Jan 6, 2022 · PDF