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SB 465 IN
Passed Legislature

Certified technology parks.

IN · session 2025 · Senate · bill

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Introduced Jan 13, 2025

Latest action (Apr 17, 2025) Motion to concur filed

Summary

Provides that if a Level 2 certified technology park (park): (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a military base enhancement area; the park shall become a Level 3 park upon reaching its Level 2 deposit limit. Provides that a Level 3 park may receive an additional annual incremental income tax deposit of up to $250,000.

Sponsors (3)

3 coauthors / cosponsors

Action history (16)

  1. Jan 13, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper
  2. Jan 13, 2025 Authored by Senator Bassler · upper
  3. Feb 11, 2025 Senator Gaskill added as second author · upper
  4. Feb 11, 2025 Committee report: amend do pass, adopted · upper
  5. Feb 13, 2025 Second reading: ordered engrossed · upper
  6. Feb 21, 2025 Referred to the House · upper
  7. Feb 20, 2025 House sponsor: Representative Lindauer · upper
  8. Feb 20, 2025 Third reading: passed; Roll Call 199: yeas 49, nays 0 · upper
  9. Mar 3, 2025 First reading: referred to Committee on Ways and Means · lower
  10. Mar 13, 2025 Representatives Judy and Heine added as cosponsors · lower
  11. Apr 10, 2025 Committee report: amend do pass, adopted · lower
  12. Apr 14, 2025 Representative Bartels added as cosponsor · lower
  13. Apr 14, 2025 Second reading: ordered engrossed · lower
  14. Apr 15, 2025 Third reading: passed; Roll Call 453: yeas 93, nays 2 · lower
  15. Apr 16, 2025 Returned to the Senate with amendments · lower
  16. Apr 17, 2025 Motion to concur filed · upper
Subjects
AGENCIES; Economic Development Corporation (IEDC)ARMED FORCES; GenerallyECONOMIC DEVELOPMENTHOMELAND SECURITY; GenerallyTAXES; GenerallyTECHNOLOGY; Generally

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