SB 397 Indiana Senate · 2023 Regular Session

Innovation development districts.

Summary
Provides that before the state purchases more than 100 acres of land for economic development purposes, the state must give notice to the executive of each local unit in which the land is located. Provides that a school corporation that receives a portion of the aggregate percentage of incremental property tax revenue transferred may use those funds with no restrictions or specified uses.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2023 Last action Jan 19, 2023
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1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brian Buchanan
Brian Buchanan
RRepublican
IN
7