# Indiana SB 465: Certified technology parks.

Indiana SB 465, Certified technology parks., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Eric Bassler (Republican); status failed, last action 2025-04-17 (Motion to concur filed) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-SB465-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana SB 465
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: Certified technology parks.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-13
- Last action: 2025-04-17, Motion to concur filed
- Sponsor: Eric Bassler (Republican)
- Cosponsors: 5
- Subjects: tax and fiscal policy, the house, ways and means
- Touches household money: no
- Roll calls: 2 (142 yes, 2 no in all)
- Economic provisions PRIA read: 0

## Summary

Provides that if a Level 2 certified technology park (park): (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a military base enhancement area; the park shall become a Level 3 park upon reaching its Level 2 deposit limit. Provides that a Level 3 park may receive an additional annual incremental income tax deposit of up to $250,000.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Eric Bassler (Republican), Senate
- Cosponsor: Chris Judy (Republican), House
- Cosponsor: Dave Heine (Republican), House
- Cosponsor: Mike Gaskill (Republican), Senate
- Cosponsor: Shane Lindauer (Republican), House
- Cosponsor: Steve Bartels (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-15 | House | Third reading: passed | pass | 93 | 2 |   |
| 2025-02-20 | Senate | Third reading: passed | pass | 49 | 0 |   |

## Actions (16)

- 2025-04-17: Motion to concur filed (Senate)
- 2025-04-16: Returned to the Senate with amendments (House)
- 2025-04-15: Third reading: passed; Roll Call 453: yeas 93, nays 2 (House)
- 2025-04-14: Second reading: ordered engrossed (House)
- 2025-04-14: Representative Bartels added as cosponsor (House)
- 2025-04-10: Committee report: amend do pass, adopted (House)
- 2025-03-13: Representatives Judy and Heine added as cosponsors (House)
- 2025-03-03: First reading: referred to Committee on Ways and Means (House)
- 2025-02-21: Referred to the House (Senate)
- 2025-02-20: Third reading: passed; Roll Call 199: yeas 49, nays 0 (Senate)
- 2025-02-20: House sponsor: Representative Lindauer (Senate)
- 2025-02-13: Second reading: ordered engrossed (Senate)
- 2025-02-11: Committee report: amend do pass, adopted (Senate)
- 2025-02-11: Senator Gaskill added as second author (Senate)
- 2025-01-13: Authored by Senator Bassler (Senate)
- 2025-01-13: First reading: referred to Committee on Tax and Fiscal Policy (Senate)

## Bill text

- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0465/versions/SB0465.01.INTR?format=pdf)
- Senate Bill (H): [PDF](https://api.iga.in.gov/2025/bills/SB0465/versions/SB0465.02.COMS?format=pdf)
- Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0465/versions/SB0465.03.COMH?format=pdf)

## Related bills

- SB 324: Criminal procedures. (signed)
- SB 231: Various corrections matters. (signed)
- SB 80: Code publication. (signed)
- SB 453: Various tax matters. (signed)
- SB 464: Financial institutions and consumer credit. (signed)
- SB 371: Workforce matters. (signed)

## Sources
- [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0465/versions/SB0465.01.INTR?format=pdf)
- [Senate Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/SB0465/versions/SB0465.02.COMS?format=pdf)
- [Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0465/versions/SB0465.03.COMH?format=pdf)

## Related
- [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025)
- [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2025)
- [SB 453: Various tax matters.](https://policyrisk.com/state-bill/IN-SB453-2025)
- [SB 464: Financial institutions and consumer credit.](https://policyrisk.com/state-bill/IN-SB464-2025)
- [SB 371: Workforce matters.](https://policyrisk.com/state-bill/IN-SB371-2025)
- [Indiana bills](https://policyrisk.com/states/indiana/bills)
- [Indiana state hub](https://policyrisk.com/states/indiana)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IN-SB465-2025 (as of 2026-10-17).