Certified technology parks.
Summary
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.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2023
Committee Review
Mar 2023
Senate Passage
Apr 2023
House Passage
Apr 2023
Signed into Law
May 2023
Introduced Jan 11, 2023
Signed May 1, 2023
Floor votes · House Apr 4, 2023
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
24
Key actions
10
Committee
2
Amendments
1
May 1, 2023
Signed into law
Signed by the Governor
executive
Apr 26, 2023
Upper · Passed
Signed by the President of the Senate
upper
Apr 21, 2023
Lower · Passed
Signed by the Speaker
lower
Apr 13, 2023
Upper · Passed
Signed by the President Pro Tempore
upper
Apr 10, 2023
Upper · Passed
Senate concurred in House amendments; Roll Call 352: yeas 48, nays 0
upper
Apr 4, 2023
Lower · Passed
Third reading: passed; Roll Call 353: yeas 96, nays 0
lower
Mar 30, 2023
Lower · Passed
Committee report: amend do pass, adopted
lower
Jan 31, 2023
Upper · Passed
Third reading: passed; Roll Call 50: yeas 49, nays 0
upper
Jan 30, 2023
Upper · Passed
Amendment #1 (Melton) prevailed; voice vote
upper
Jan 23, 2023
Upper · Passed
Committee report: amend do pass, adopted
upper
3 primary · 4 co-sponsors
Sponsors
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