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Bill 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.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2017-01-31 - Referred to the Committee on Ways and Means pursuant to House Rule 127 [HB1207 Detail]

Download: Indiana-2017-HB1207-Amended.pdf

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