191 bills tracked in Indiana.
Rural business growth.
Establishes a state tax credit (credit) for certain capital investments made in rural funds. Establishes procedures for a rural fund to apply to the Indiana economic development corporation (IEDC) for certification of a capital investment as eligible for a credit provided by the bill. Requires a rural fund to pay a nonrefundable application fee of $5,000 to the IEDC. Provides that the credit is an amount equal to: (1) the applicable percentage for the credit allowance date; multiplied by (2) the purchase price paid to the rural fund for the capital investment. Sets forth the maximum annual amount of credits that may be certified. Provides that the credit is subject to recapture. Requires a rural fund that has received a credit to submit reports on an annual basis to the IEDC over the credit allowance period.
Brian BuchananRepublican
Last action Mar 13, 2025
1977 pension and disability fund.
Increases the basic monthly pension benefit payable to a member of the 1977 police officers' and firefighters' pension and disability fund who retires after June 30, 2025, with 20 years of service. Increases the contribution rate of fund members. Provides that a municipality, a unit, an airport authority, a school corporation, or a charter school may require certain members of the public employees retirement fund to continue as members of that fund instead of the 1977 police officers' and firefighters' pension and disability fund.
Linda RogersRepublican
Last action Mar 24, 2025