HB 1034

  • Indiana House Bill
  • 2022 Regular Session
  • Introduced in House
  • Passed House Jan 24, 2022
  • Passed Senate Feb 22, 2022
  • Signed by Governor Mar 08, 2022

Tax increment financing.

Abstract

Provides that a lien resulting from an agreement between a redevelopment commission (commission) and a taxpayer in an allocation area takes priority over any existing or subsequent mortgage, other lien, or other encumbrance on the property, and must have parity with a state property tax lien under IC 6-1.1-22-13. Provides that a lien resulting from a taxpayer agreement will have the priority of real property taxes and may be enforced and collected in all respects as real property taxes. Provides that a commission, or two or more commissions acting jointly, may contract for marketing and advertising of land located in an allocation area. Imposes a limitation on the amount available to be spent on the marketing and advertising of land in an allocation area.

Bill Sponsors (3)

Votes


Actions


Mar 08, 2022

Senate

Signed by the President of the Senate

Office of the Governor

Signed by the Governor

House

Public Law 46

Mar 07, 2022

Senate

Signed by the President Pro Tempore

Mar 04, 2022

House

Signed by the Speaker

Mar 01, 2022

House

House concurred in Senate amendments; Roll Call 306: yeas 92, nays 1

Feb 28, 2022

House

Motion to concur filed

Feb 23, 2022

Senate

Returned to the House with amendments

Feb 22, 2022

Senate

Third reading: passed; Roll Call 229: yeas 49, nays 0

Feb 21, 2022

Senate

Second reading: ordered engrossed

Feb 15, 2022

Senate

Committee report: amend do pass, adopted

Feb 01, 2022

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
tax and fiscal policy

Jan 25, 2022

House

Referred to the Senate

Jan 24, 2022

House

Third reading: passed; Roll Call 56: yeas 92, nays 2

House

Senate sponsors: Senators Holdman and Mishler

Jan 20, 2022

House

Second reading: ordered engrossed

Jan 18, 2022

House

Committee report: amend do pass, adopted

Jan 04, 2022

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

House

Authored by Representative Torr

Bill Text

Bill Text Versions Format
Introduced House Bill (H) PDF
House Bill (H) PDF
House Bill (S) PDF
Enrolled House Bill (H) PDF

Related Documents

Document Format
Fiscal Note: HB1034.04.ENRS.FN001 PDF

Sources

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