Kosciusko County development area.

Establishes the community development area board (board) in Kosciusko County. Establishes procedures for appointing members to the board. Allows the board to adopt a resolution establishing a community development area (tax area). Requires that the tax area include a facility or complex of facilities used by certain businesses in the medical industry. Requires the board to submit a resolution establishing a tax area to the budget committee and budget agency for review and approval. Allows a tax area to receive incremental state income tax revenue attributable to the tax area. Provides that a tax area terminates not later than 20 years after incremental tax revenues are first allocated to the tax area.