Housing tax credits.
Summary
Provides an affordable and workforce housing state tax credit against state tax liability to a taxpayer for each taxable year in the state tax credit period of a qualified project in an aggregate amount that does not exceed the product of a percentage between 40% and 100% and the amount of the taxpayer's aggregate federal tax credit for the qualified project. Provides that an eligible applicant must apply to the Indiana housing and community development authority for an award of an affordable and workforce housing state tax credit. Provides that a holder of an affordable and workforce housing state tax credit may transfer, sell, or assign all or part of the holder's right to claim the state tax credit for a taxable year.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2022
Committee Review
Jan 2022
Senate Passage
Jan 2022
House Passage
Governor
Introduced Jan 10, 2022
Last action Feb 10, 2022
Floor votes · Senate Jan 24, 2022
How they voted
44–0
Passed · 2 other
Total votes 46
Jan 24, 2022
D
Democratic10
90% Yea
R
Republican36
97% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
2
Committee
2
Jan 26, 2022
Committee
Referred to the House
upper
Jan 24, 2022
Upper · Passed
Third reading: passed; Roll Call 56: yeas 47, nays 0
upper
Jan 18, 2022
Upper · Passed
Committee report: do pass, adopted
upper
3 primary · 6 co-sponsors
Sponsors
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