Bill Title: Tax increment financing districts. Provides that if a redevelopment commission outside Marion County wishes to establish a tax increment financing (TIF) area after December 31, 2016, a taxing unit that is located wholly or partly within a proposed TIF area may elect whether to participate in the TIF area. If a taxing unit elects to participate in a proposed TIF area, the taxing unit is bound by the terms of the TIF area until the TIF area expires.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-01-12 - First reading: referred to Committee on Appropriations [SB0389 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2016-01-11	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana SB0389

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana SB0389 currently on file.

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