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Tax increment financing.

In committee: it can still change before the session ends.

IN HB 1244 · House Bill · 2026

Stage
In committee
Started in
House
Sponsor
1
Latest action
Jan 5, 2026

What it does

Provides that 10% of the excess property tax proceeds collected in an allocation area must be allocated among school corporations, libraries, and taxing units that provide police services, fire protection, emergency medical service, or public safety services in the allocation area.

Read the full text

Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Jan 5, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Indiana.

Work with this bill

Tax increment financing. | 52