IN HB1207 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-31 - Referred to the Committee on Ways and Means pursuant to House Rule 127
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]

Summary

Main street downtown redevelopment districts. Provides that a city or town having a population that does not exceed 20,000 (eligible municipality) may establish a main street downtown redevelopment district (district) within the eligible municipality for the purpose of capturing sales tax collected by businesses located in the district. Provides that the sales tax increment distributed to each eligible municipality that establishes a district may be used to pay for improvements in the district or the financing of improvements in the district.

Tracking Information

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Title

Main street downtown redevelopment districts. Provides that a city or town having a population that does not exceed 20,000 (eligible municipality) may establish a main street downtown redevelopment district (district) within the eligible municipality for the purpose of capturing sales tax collected by businesses located in the district. Provides that the sales tax increment distributed to each eligible municipality that establishes a district may be used to pay for improvements in the district or the financing of improvements in the district.

Sponsors


Roll Calls

2017-01-31 - House - House - Committee Vote (Y: 11 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2017-01-31HouseReferred to the Committee on Ways and Means pursuant to House Rule 127
2017-01-31HouseCommittee report: do pass, adopted
2017-01-23HouseRepresentative Friend added as coauthor
2017-01-10HouseFirst reading: referred to Committee on Government and Regulatory Reform
2017-01-10HouseAuthored by Representative Arnold L

Indiana State Sources


Bill Comments

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