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52Nov 3 election

Income tax credits.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

IN SB 281 · Senate Bill · 2026

Stage
Session ended
Started in
Senate
Sponsors
Latest action
Feb 12

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Feb 12

  4. Law (Needs attention)

    The session ended first

What it does

Requires the Indiana economic development corporation (IEDC) to commit $35,000,000 in redevelopment tax credits each state fiscal year among development authorities, qualified nonprofit organizations, and certain local economic development organizations that may be granted to taxpayers for qualified investments. Provides that the IEDC and an operating partner shall administer the federal Unmanned Aircraft System Test Site program in Indiana. Requires that $15,000,000 of the $300,000,000 of the IEDC's annual certifiable tax credit amount must be allocated to the small town opportunity initiative (initiative). Establishes the initiative. Provides that initiative projects are not subject to…

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Who is involved

IN SB 281
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Sponsors

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

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