Ryan Mishler
- Republican
- Senator
- District 9
Makes certain amendments to the Hoosier business investment tax credit, the economic development for a growing economy tax credit, the headquarters relocation tax credit, and the redevelopment tax credit. Adds veteran owned businesses to the list of businesses that would qualify for an enhanced venture capital tax credit. Limits the total amount of credits that the Indiana economic development corporation (IEDC) may award for a calendar year for all taxpayers for all applicable tax credits to $300,000,000. Specifies the procedure by which the IEDC may designate an area as an innovation development district (district). Requires the IEDC to enter into an agreement with the executive of a city, town, or county, or, if applicable, executives, with territory located in the district establishing the terms and conditions governing certain districts. Requires the IEDC to establish a local innovation development district fund for each district. Provides that money in a local innovation development district fund is continuously appropriated for the uses of the fund. Authorizes a county, city, or town to establish a workforce retention and recruitment program and fund (fund) for the purposes of recruiting and retaining individuals who will satisfy the current and future workforce needs of the unit's employers or provide substantial economic impact to the unit, including providing incentives in the form of grants or loans to qualified workers. Authorizes the unit to transfer money into the fund from other sources. Provides that the executive of the unit shall administer the fund in coordination with a workforce fund board of managers appointed by the executive of the unit. Provides that the IEDC may award a tax credit for media production expenses for certain media productions in Indiana. Provides for the augmentation of the amount appropriated to the IEDC in an amount not to exceed $300,000,000 for the purposes of business promotion and innovation. Specifies that funds appropriated to the IEDC for the purposes of business promotion and innovation do not revert to the state general fund. Requires the IEDC to identify state laws and regulations that burden existing businesses or inhibit creation of new businesses and provide a report with recommendations to the general assembly and budget committee. Makes conforming changes.
Public Law 135
Signed by the Governor
Signed by the President of the Senate
Signed by the Speaker
Signed by the President Pro Tempore
Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 391: yeas 70, nays 22
Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 362: yeas 50, nays 0
CCR # 1 filed in the House
CCR # 1 filed in the Senate
Senator Randolph added as coauthor
Senator Melton added as coauthor
Senator Melton removed as advisor
Senator Niezgodski added as advisor
Senator Melton added as conferee
Senator Niezgodski removed as conferee
House advisors appointed: Rowray, Jordan, Aylesworth, Cherry, Thompson, Snow and Porter
Senate advisors appointed: Holdman and Melton
House conferees appointed: Brown T and Hamilton
Senate conferees appointed: Mishler and Niezgodski
Returned to the Senate with amendments
Senate dissented from House amendments
Motion to dissent filed
Third reading: passed; Roll Call 300: yeas 69, nays 27
Amendment #5 (DeLaney) failed; Roll Call 281: yeas 24, nays 64
Amendment #10 (Brown T) prevailed; voice vote
Amendment #9 (Heine) prevailed; voice vote
Amendment #6 (Hamilton) ruled out of order
Amendment #12 (Thompson) prevailed; voice vote
Amendment #13 (Judy) prevailed; voice vote
Amendment #2 (Porter) failed; Roll Call 279: yeas 24, nays 67
Amendment #3 (Porter) failed; Roll Call 280: yeas 27, nays 64
Appeal the ruling of the chair (Hamilton); ruling of the chair sustained. Roll Call 278: yeas 64, nays 28
Second reading: amended, ordered engrossed
Committee report: amend do pass, adopted
Representative Hamilton added as cosponsor
First reading: referred to Committee on Ways and Means
Referred to the House
Senator Niezgodski added as third author
Senators Buck, Gaskill, Alting added as coauthors
Cosponsors: Representatives Snow C and Jordan
House sponsor: Representative Brown T
Third reading: passed; Roll Call 182: yeas 48, nays 1
Senator Busch added as coauthor
Second reading: amended, ordered engrossed
Amendment #1 (Mishler) prevailed; voice vote
Committee report: amend do pass, adopted
Senator Ford Jon added as coauthor
Senator Holdman added as second author
First reading: referred to Committee on Appropriations
Authored by Senator Mishler
Bill Text Versions | Format |
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Introduced Senate Bill (S) | |
Senate Bill (S) | |
Engrossed Senate Bill (S) | |
Senate Bill (H) | |
Engrossed Senate Bill (H) | |
Enrolled Senate Bill (S) |
Document | Format |
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Fiscal Note: SB0361.06.ENRH.FN001 |
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