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IN SB0265
Bill
AI Summary
Senate Bill 265 Summary
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Allows county fiscal bodies to designate special food desert districts in census tracts with low median income and limited supermarket access as determined by the U.S. Department of Agriculture Food Access Research Atlas.
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Imposes an additional 1% sales tax on retail transactions within designated food desert districts, collected and administered in the same manner as the state gross retail tax.
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Establishes the healthy food and community development financing fund administered by the Indiana Housing and Community Development Authority (IHCDA) to receive monthly transfers of tax revenue collected from each district.
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Authorizes the IHCDA to provide grants and loans for eligible projects including grocery stores, farmers markets, affordable housing, and community development within the designated districts, with option for counties to restrict project types through ordinance.
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Requires grocery store applicants to accept SNAP and WIC benefits and promote hiring of local residents to receive financing, with effective date of July 1, 2016.
Legislative Description
Sales tax district for healthy food programs. Allows the fiscal body of a county to designate a special food desert district (district) if the district is located in a census tract with low median income and low access to the nearest supermarket as determined by the United States Department of Agriculture in its Food Access Research Atlas. Provides that if a district is designated, an additional 1% sales tax applies to retail transactions within the district. Specifies that this additional 1% sales tax is imposed, paid, and collected in the same manner as the state sales tax. Establishes the healthy
Last Action
First reading: referred to Committee on Tax & Fiscal Policy
1/7/2016