IN SB0264 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Republican 11-0)
Status: Engrossed on February 5 2020 - 50% progression, died in committee
Action: 2020-02-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]

Summary

Certified technology parks. Amends provisions that allow a certified technology park to capture an additional amount of incremental income taxes once it has reached its limit on deposits to do the following: (1) Increase the annual additional deposit amount from $100,000 to $500,000, and cap the total additional amount that may be captured at not more than $2,000,000. (2) Require a certified technology park to meet certain reporting and performance requirements in order to be eligible to capture the additional amount of incremental income taxes.

Tracking Information

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Title

Certified technology parks.

Sponsors


Roll Calls

2020-02-04 - Senate - Senate - Third reading (Y: 43 N: 6 NV: 0 Abs: 1) [PASS]
2020-01-28 - Senate - Senate - Committee Vote (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-10HouseFirst reading: referred to Committee on Ways and Means
2020-02-05SenateReferred to the House
2020-02-04SenateSenator Kruse added as coauthor
2020-02-04SenateCosponsor: Representative Sullivan
2020-02-04SenateHouse sponsor: Representative Heine
2020-02-04SenateThird reading: passed; Roll Call 154: yeas 43, nays 6
2020-01-30SenateSenator Houchin added as second author
2020-01-30SenateSenator Houchin removed as coauthor
2020-01-30SenateSecond reading: ordered engrossed
2020-01-28SenateSenators Houchin, Messmer, Buck, Perfect, Charbonneau, Raatz, Buchanan added as coauthors
2020-01-28SenateCommittee report: amend do pass, adopted
2020-01-13SenateFirst reading: referred to Committee on Tax and Fiscal Policy
2020-01-13SenateAuthored by Senator Holdman

Indiana State Sources


Bill Comments

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