SB 397

  • Indiana Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Innovation development districts.

Abstract

Provides that before the state purchases more than 100 acres of land for economic development purposes, the state must give notice to the executive of each local unit in which the land is located. Provides that a school corporation that receives a portion of the aggregate percentage of incremental property tax revenue transferred may use those funds with no restrictions or specified uses.

Bill Sponsors (1)

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Jan 19, 2023

Senate

Authored by Senator Buchanan

Senate

First reading: referred to Committee on Tax and Fiscal Policy

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

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0397.01.INTR.FN001 PDF

Sources

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