# Indiana SB 494: State and local tax capture areas.

Indiana SB 494, State and local tax capture areas., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Ryan Mishler (Republican); status failed, last action 2025-02-04 (Senator Niezgodski added as second author) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-SB494-2025
- 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 494
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: State and local tax capture areas.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-14
- Last action: 2025-02-04, Senator Niezgodski added as second author
- Sponsor: Ryan Mishler (Republican)
- Cosponsors: 1
- Subjects: appropriations
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends provisions concerning the designation of an innovation development district to add certain qualification requirements (grandfathers in those districts established under current law). Requires the Indiana economic development corporation to establish a maximum sales tax increment amount and state income tax increment amount that may be allocated for each innovation development district, which may not exceed a specified amount per state fiscal year. Adds related procedural provisions. Makes conforming changes.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Ryan Mishler (Republican), Senate
- Cosponsor: David Niezgodski (Democratic), Senate

## Actions (3)

- 2025-02-04: Senator Niezgodski added as second author (Senate)
- 2025-01-14: First reading: referred to Committee on Appropriations (Senate)
- 2025-01-14: Authored by Senator Mishler (Senate)

## Bill text

- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0494/versions/SB0494.01.INTR?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/SB0494/versions/SB0494.01.INTR?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-SB494-2025 (as of 2026-10-17).