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IN HB1291

Bill

Official Source

Status

Introduced

1/11/2012

Primary Sponsor

Phyllis Pond

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Doubles the maximum total area that may be included in tax increment financing (TIF) allocation areas established for housing programs from 150 acres to 300 acres
  • Applies to TIF allocation areas established by municipal or county redevelopment commissions specifically for housing programs
  • Effective date of July 1, 2012
  • Amends IC 36-7-14-47, which governs the required findings for adopting housing programs under redevelopment commissions

Legislative Description

TIF districts for housing programs.

Last Action

Representatives Morris, Moses and Pond added as coauthors

1/26/2012

Full Bill Text

No bill text available