IN SB0264

Authorizes the Indiana Economic Development Corporation (IEDC) to increase EDGE tax credits by up to $10,000 per new job when a company relocates an individual to Indiana to fill the position, provided the company operates in research/development, manufacturing, or business services and pays average compensation exceeding 200% of state average wage

Expands EDGE credit eligibility to companies retaining existing employees through wage increases of at least 25% in hourly pay, in addition to existing provisions for job creation and job retention

Requires companies seeking the enhanced relocation credit to maintain a program covering moving costs, relocation bonuses, housing assistance, storage fees, or home sale/purchase assistance for new Indiana residents

Clarifies that qualified Indiana investment fund certification requirements apply only to investable capital, excluding management fees, legal fees, and other operational expenses

Allows taxpayers to combine individual tax credits under $10,000 for assignment purposes when investing in qualified Indiana investment funds; effective July 1, 2026