Travis Holdman
- Republican
- Senator
- District 19
Specifies additional information that a certified technology park (park) is required to provide to the Indiana economic development corporation (corporation) in the course of a review. Provides that if a park has reached the limit on deposits and maintains its certification the park shall become a Level 2 park. Increases, from $100,000 to $250,000, the annual additional incremental income tax deposit amount that a park captures once it has reached its limit on deposits. Clarifies the calculation of the additional incremental income tax deposit amount in the year in which a park reaches its limit on deposits. Provides that when the corporation certifies a Level 2 park the corporation shall make a determination of whether the park shall continue to be designated as a Level 2 park.
Representative Brown, T. removed as cosponsor
Representative Brown, T. added as sponsor
Representative Sullivan removed as sponsor
First reading: referred to Committee on Ways and Means
Referred to the House
House sponsor: Representative Sullivan
Cosponsor: Representative Brown, T.
Third reading: passed; Roll Call 151: yeas 47, nays 2
Second reading: ordered engrossed
Senators Messmer, Lanane, Niezgodski, Qaddoura, Raatz added as coauthors
Committee report: amend do pass, adopted
Senator Buchanan added as second author
Senator Zay added as coauthor
First reading: referred to Committee on Tax and Fiscal Policy
Authored by Senator Holdman
Bill Text Versions | Format |
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Introduced Senate Bill (S) | |
Senate Bill (S) |
Document | Format |
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Fiscal Note: SB0213.02.COMS.FN001 | |
Fiscal Note: SB0213.02.COMS.FN002 | |
Fiscal Note: SB0213.02.COMS.FN003 |
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