Indiana House Bill 1268 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-01-12 - First reading: referred to Committee on Interstate and International Cooperation
Pending: House Interstate and International Cooperation Committee
Text: Latest bill text (Introduced) [HTML]

Authorizes the Indiana economic development corporation to designate railroad redevelopment zones along freight rail lines that are the subjects of petitions to the Federal Surface Transportation Board for permission to discontinue freight rail service on the rail line or to abandon the rail line. Provides that certain businesses and their employees are entitled to certain tax incentives as if the business were located in an enterprise zone. Provides for the administration of the railroad redevelopment zones by the board of the Indiana economic development corporation. Provides that incentive recipients are subject to a fee imposed by the board. Requires the Indiana department of transportation to update the state's rail plan before January 1, 2012.

Railroad redevelopment zones.

Rep. Sandra Blanton [D]

Sen. Eric Koch [R]

Date	Chamber	Action
2010-01-12		First reading: referred to Committee on Interstate and International Cooperation
2010-01-12		Coauthored by Representative Blanton
2010-01-12		Authored by Representative Koch

Type	Source
Summary	http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2010&session=1&request=getBill&doctype=HB&docno=1268
Text	http://www.in.gov/legislative/bills/2010/IN/IN1268.1.html