UIGAU

HB1615: A BILL FOR AN ACT to amend the Indiana Code concerning local government.

Page last updated: Sunday, April 20, 2025 at 7:22 PM (America/Indianapolis).


General Information

Legislators

Authors (1)
Coauthors (3)
Sponsors (1)
Cosponsors (2)
Advisors (0)
Conferees (0)

Actions (17 total)

Digest

Increases the maximum amount of an additional annual deposit amount for a Level 2 certified technology park (park) to: (1) $500,000; or (2) $500,000 multiplied by the number of redevelopment commissions that have entered into a written agreement for the operation of the Level 2 park; as applicable. Provides that if a Level 2 park: (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a military base enhancement area; the Level 2 park shall become a Level 3 park upon reaching its Level 2 deposit limit. Provides that a Level 3 park may receive an additional annual incremental income tax deposit of up to $250,000.