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HB 1615 IN
Passed Legislature

Certified technology parks.

IN · session 2025 · Assembly / House · bill

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Introduced Jan 21, 2025

Latest action (Mar 31, 2025) Third reading: passed; Roll Call 310: yeas 47, nays 0

Summary

Increases the maximum amount of an additional annual deposit amount for a Level 2 certified technology park (park) to: (1) $500,000; or (2) $500,000 multiplied by the number of redevelopment commissions that have entered into a written agreement for the operation of the Level 2 park; as applicable. Provides that if a Level 2 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 Level 2 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 (2)

5 coauthors / cosponsors

Action history (17)

  1. Jan 21, 2025 First reading: referred to Committee on Veterans Affairs and Public Safety · lower
  2. Jan 21, 2025 Authored by Representative Lindauer · lower
  3. Jan 21, 2025 Coauthored by Representatives Judy, Heine, Manning · lower
  4. Jan 27, 2025 Recommitted to the Committee on Ways and Means pursuant to House Rule 126.3 · lower
  5. Jan 27, 2025 Committee report: do pass, adopted · lower
  6. Feb 13, 2025 Committee report: amend do pass, adopted · lower
  7. Feb 17, 2025 Second reading: ordered engrossed · lower
  8. Feb 18, 2025 Third reading: passed; Roll Call 193: yeas 92, nays 0 · lower
  9. Feb 18, 2025 Senate sponsor: Senator Bassler · lower
  10. Feb 19, 2025 Referred to the Senate · lower
  11. Mar 3, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper
  12. Mar 18, 2025 Committee report: amend do pass, adopted · upper
  13. Mar 20, 2025 Senator Randolph added as cosponsor · upper
  14. Mar 20, 2025 Second reading: ordered engrossed · upper
  15. Mar 31, 2025 Returned to the House with amendments · upper
  16. Mar 31, 2025 Senator Yoder added as cosponsor · upper
  17. Mar 31, 2025 Third reading: passed; Roll Call 310: yeas 47, nays 0 · upper
Subjects
AGENCIES; Economic Development Corporation (IEDC)ARMED FORCES; GenerallyGENERAL ASSEMBLY; Budget and Appropriations

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