IndianaHB 1511First Regular Session 124th General Assembly (2025)House

Riverfront economic development tax area.

Sponsored By: Tonya Pfaff (Democratic)

Failed

Summary

Allows the legislative body of a city or a county without a consolidated city to adopt a resolution establishing a riverfront economic development tax area (tax area). Sets forth requirements for the location of the tax area. Requires the legislative body to make findings when adopting a resolution. Requires the legislative body to submit a resolution establishing a tax area to the budget committee and budget agency for review and approval. Allows a tax area to receive incremental state income tax revenue and incremental sales tax revenue attributable to the tax area. Requires a city or county that establishes a tax area to establish a riverfront economic development area fund. Provides that a tax area terminates not later than 25 years after the date on which the resolution establishing the tax area is adopted.

ways and means

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Tonya Pfaff

    Democratic • House

Cosponsors

  • Kyle Miller

    Democratic • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Authored by Representative Pfaff

    1/21/2025House
  2. First reading: referred to Committee on Ways and Means

    1/21/2025House
  3. Coauthored by Representative Miller K

    1/21/2025House

Bill Text

  • Introduced House Bill (H)

Related Bills

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