IndianaSB 264Second Regular Session 124th General Assembly (2026)SenateWALLET

Economic development tax credits.

Sponsored By: Brian Buchanan (Republican)

Failed

Summary

Amends the economic development for a growing economy (EDGE) tax credit to: (1) authorize the Indiana economic development corporation (IEDC) to increase the value of an EDGE credit to a company for new job creation based on the amount of expenses of the company to relocate an individual to Indiana to fill the position; and (2) explicitly permit the IEDC to provide EDGE credits to a company that is retaining an employee through a minimum of a 25% increase in hourly wages paid to the individual. Clarifies provisions that apply to IEDC certification of a fund as a qualified Indiana investment fund.

tax and fiscal policythe houseways and means

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Brian Buchanan

    Republican • Senate

Cosponsors

  • Danny Lopez

    Republican • House

  • Linda Rogers

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 41 • No: 3

Senate vote • 1/26/2026

Third reading: passed

Yes: 41 • No: 3

Actions Timeline

  1. First reading: referred to Committee on Ways and Means

    1/28/2026House
  2. Referred to the House

    1/27/2026Senate
  3. Third reading: passed; Roll Call 84: yeas 41, nays 3

    1/26/2026Senate
  4. House sponsor: Representative Lopez

    1/26/2026Senate
  5. Second reading: ordered engrossed

    1/22/2026Senate
  6. Committee report: amend do pass, adopted

    1/20/2026Senate
  7. Authored by Senators Buchanan, Rogers

    1/8/2026Senate
  8. First reading: referred to Committee on Tax and Fiscal Policy

    1/8/2026Senate

Bill Text

  • Introduced Senate Bill (S)

  • Senate Bill (H)

Related Bills

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