Bill Title: Certified technology park funding. Changes the recertification period for certified technology parks from three years to four years. Provides that once a certified technology park reaches its cap, an additional amount equal to incremental income taxes shall be captured (not to exceed $500,000 annually or in the case of a certified technology park operated by two or more redevelopment commissions, $500,000 per redevelopment commission). Requires a redevelopment commission that has designated a third party manager or operator of a certified technology park to transfer to the manager or operator the amount owed within 30 days of receiving a distribution.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2019-01-22 - First reading: referred to Committee on Ways and Means [HB1593 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2019-01-18	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1593

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1593 currently on file.

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