SB 300 Indiana Senate · 2023 Regular Session

Residential tax increment financing.

Summary

Removes the threshold conditions for establishing a residential housing development program and a tax increment allocation area for the program, including the condition that the governing body of each school corporation affected by the program pass a resolution approving the program before the program may go into effect. Provides that the fiscal body of a county may adopt an ordinance to designate an economic development target area.

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2023

Committee Review

Jan 2023

Senate Passage

Feb 2023

House Passage

Governor

Introduced Jan 12, 2023 Last action Feb 28, 2023

Floor votes · Senate Feb 2, 2023

How they voted

26–19

Passed · 3 other

Total votes 48

Feb 2, 2023

D Democratic10

9 Nay 1

90% Nay

R Republican38

26 Yea 10 Nay 2

68% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 2, 2023

Upper · Passed

Third reading: passed; Roll Call 59: yeas 28, nays 19

upper

Jan 26, 2023

Upper · Passed

Committee report: do pass, adopted

upper

4 primary · 8 co-sponsors

Sponsors

Role

Legislator

Party

State

District