Brian Buchanan
- Republican
- Senator
- District 7
Author
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. Requires the corporation to report to the budget committee certain information pertaining to businesses located in each park on a biennial basis.
Public Law 105
Signed by the Governor
Signed by the President of the Senate
Signed by the Speaker
Signed by the President Pro Tempore
Senate concurred in House amendments; Roll Call 352: yeas 48, nays 0
Motion to concur filed
Returned to the Senate with amendments
Representative Pierce M added as cosponsor
Third reading: passed; Roll Call 353: yeas 96, nays 0
Second reading: ordered engrossed
Committee report: amend do pass, adopted
Representatives Rowray E and Heine added as cosponsors
First reading: referred to Committee on Ways and Means
Referred to the House
Third reading: passed; Roll Call 50: yeas 49, nays 0
Senator Randolph added as coauthor
House sponsor: Representative Snow
Second reading: amended, ordered engrossed
Amendment #1 (Melton) prevailed; voice vote
Senator Holdman added as second author
Committee report: amend do pass, adopted
First reading: referred to Committee on Appropriations
Authored by Senator Buchanan
| Bill Text Versions | Format |
|---|---|
| Introduced Senate Bill (S) | |
| Senate Bill (S) | |
| Engrossed Senate Bill (S) | |
| Senate Bill (H) | |
| Enrolled Senate Bill (S) |
| Document | Format |
|---|---|
| Fiscal Note: SB0271.05.ENRH.FN001 |
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