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IN SB0509
Bill
Status
Introduced
1/18/2011
Primary Sponsor
Doug Eckerty
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AI Summary
- Repeals the authority for redevelopment commissions to finance projects or improvements located outside their designated districts
- Removes the provision allowing TIF-funded projects outside redevelopment districts, redevelopment project areas, economic development areas, or military base reuse areas (in Marion County)
- Effective date of July 1, 2011
- Amends IC 36-7-25-3 by full repeal of the section
Legislative Description
Tax increment financing district projects.
Last Action
First reading: referred to Committee on Tax and Fiscal Policy
1/18/2011
Full Bill Text
No bill text available