IndianaHB 1164Second Regular Session 124th General Assembly (2026)House

Tax increment financing districts.

Sponsored By: Elizabeth Rowray (Republican)

Failed

Summary

Provides that a redevelopment commission may use money from certain funds for the purpose of retiring debt service earlier. Provides that a redevelopment commission making accelerated debt payments may retain the assessed value associated with the original debt service schedule. Requires a redevelopment commission to include an invitation to overlapping taxing units to participate in the hearing regarding a proposed redevelopment project. Allows a redevelopment commission to expend money for the maintenance of an infrastructure project within a tax increment financing district if: (1) the infrastructure project was originally funded or supported by tax increment financing funds; and (2) the use of the funds is limited to the remaining life of the project. Allows a redevelopment commission to share tax increment finance district revenue with certain local economic development organizations under certain conditions.

ways and means

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Elizabeth Rowray

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Authored by Representative Rowray

    1/5/2026House
  2. First reading: referred to Committee on Ways and Means

    1/5/2026House

Bill Text

  • Introduced House Bill (H)

Related Bills

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