Indiana Senate Bill 260

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 5-3)
Status: Passed on March 13 2024 - 100% progression
Action: 2024-03-13 - Public Law 124
Text: Latest bill text (Enrolled) [PDF]

Neighborhood and individual development incentives. Defines a "community based organization" as a private, nonprofit corporation whose board of directors is comprised of business, civic, and community leaders, and whose principal purpose includes the provision of low income housing. (Current law limits administration, through a financial institution, of an account to community development corporations.) Provides that: (1) the first $1,500 (rather than $800) is eligible for a state deposit in an individual's account; (2) the allocation, for each account that has been established, for not more than five years, is $3 for each $1 of the first $1,500 (rather than the first $400) an individual deposited into the individual's account; and (3) the amount of the allocation may not exceed $4,500 (rather than $2,400) for each account. Makes various changes to the administration of and procedure for claiming the neighborhood assistance tax credit and the individual development account tax credit. Removes a reference to an obsolete tax.

Neighborhood and individual development incentives.

Sen. Vaneta Becker [R]	Sen. Jean Leising [R]	Sen. Lonnie Randolph [D]	Sen. James Tomes [R]
Rep. Ethan Manning [R]	Rep. Cindy Ledbetter [R]	Rep. Gregory Porter [D]	Rep. Justin Moed [D]

2024-03-07 - Senate - Senate - Conference Committee Report 1 (Y: 48 N: 0 NV: 0 Abs: 2) [PASS]
2024-03-06 - House - House - Rules Suspended. Conference Committee Report 1 (Y: 91 N: 0 NV: 2 Abs: 7) [PASS]
2024-02-27 - House - House - Third reading (Y: 95 N: 0 NV: 1 Abs: 4) [PASS]
2024-02-05 - Senate - Senate - Third reading (Y: 48 N: 0 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2024-03-13	Senate	Public Law 124
2024-03-13	Senate	Signed by the Governor
2024-03-12	Senate	Signed by the President of the Senate
2024-03-11	House	Signed by the Speaker
2024-03-08	Senate	Signed by the President Pro Tempore
2024-03-07	Senate	Conference Committee Report 1: adopted by the Senate; Roll Call 301: yeas 48, nays 0
2024-03-06	House	Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 308: yeas 91, nays 0
2024-03-06	House	CCR # 1 filed in the House
2024-03-06	Senate	CCR # 1 filed in the Senate
2024-02-29	Senate	Senate advisors appointed: Hunley and Leising
2024-02-29	Senate	Senate conferees appointed: Becker and Randolph Lonnie M
2024-02-29	Senate	Senate dissented from House amendments
2024-02-29	Senate	Motion to dissent filed
2024-02-29	Senate	Concurrence withdrawn
2024-02-29	House	House advisors appointed: Ledbetter, Clere and Klinker
2024-02-29	House	House conferees appointed: Manning and Porter
2024-02-28	Senate	Motion to concur filed
2024-02-28	House	Returned to the Senate with amendments
2024-02-27	House	Third reading: passed; Roll Call 235: yeas 95, nays 0
2024-02-27	House	Representative Moed added as cosponsor
2024-02-26	House	Second reading: ordered engrossed
2024-02-22	House	Committee report: amend do pass, adopted
2024-02-20	House	Representative Porter added as cosponsor
2024-02-12	House	First reading: referred to Committee on Ways and Means
2024-02-06	Senate	Referred to the House
2024-02-05	Senate	Senator Tomes added as coauthor
2024-02-05	Senate	Senator Leising added as second author
2024-02-05	Senate	Cosponsor: Representative Ledbetter
2024-02-05	Senate	House sponsor: Representative Manning
2024-02-05	Senate	Third reading: passed; Roll Call 113: yeas 48, nays 0
2024-02-01	Senate	Senator Randolph added as coauthor
2024-02-01	Senate	Second reading: amended, ordered engrossed
2024-02-01	Senate	Amendment #1 (Baldwin) prevailed; voice vote
2024-01-30	Senate	Committee report: do pass, adopted
2024-01-16	Senate	First reading: referred to Committee on Tax and Fiscal Policy
2024-01-16	Senate	Authored by Senator Becker

Type	Source
Summary	https://iga.in.gov/legislative/2024/bills/senate/260/details
Text	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/SB0260.01.INTR.pdf
Text	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/SB0260.02.COMS.pdf
Text	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/SB0260.03.ENGS.pdf
Text	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/SB0260.04.COMH.pdf
Text	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/SB0260.05.ENRH.pdf
Amendment	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/amendments/SB0260.02.COMS.AMS001.pdf
Amendment	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/committee-amendments/amendments/SB0260.03.ENGS.AMH01.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.01.INTR.FN001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.02.COMS.FN001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/votesheets/SB0260.01.INTR.03.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/committee-reports/SB0260.01.INTR.CRS001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.03.ENGS.FN001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.03.ENGS.FN002.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/votesheets/SB0260.03.ENGS.00.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/committee-reports/SB0260.03.ENGS.CRH001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.04.COMH.FN001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.04.COMH.FN002.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.04.COMH.FN003.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/ccrs/SB0260.04.COMH.CCH001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/ccrs/SB0260.04.COMH.CCS001.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/fiscal-notes/SB0260.05.ENRH.FN001.pdf
Roll Call	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/rollcalls/SB0260.113_S.pdf
Roll Call	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/rollcalls/SB0260.235_H.pdf
Roll Call	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/rollcalls/SB0260.308_H.pdf
Roll Call	https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0260/rollcalls/SB0260.301_S.pdf