Indiana 2020 Regular Session Status: Passed Senate 6 R cosponsors

SB 264 — Certified technology parks.

Last action — First reading: referred to Committee on Ways and Means

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends provisions that allow a certified technology park to capture an additional amount of incremental income taxes once it has reached its limit on deposits to do the following: (1) Increase the annual additional deposit amount from $100,000 to $500,000, and cap the total additional amount that may be captured at not more than $2,000,000. (2) Require a certified technology park to meet certain reporting and performance requirements in order to be eligible to capture the additional amount of incremental income taxes.

Bill Text

We don't have the full text on file for this bill yet.

Read SB 264 on the official Indiana source →

Action History

  1. First reading: referred to Committee on Ways and Means

  2. Referred to the House

  3. Senator Kruse added as coauthor

  4. Cosponsor: Representative Sullivan

  5. House sponsor: Representative Heine

  6. Third reading: passed; Roll Call 154: yeas 43, nays 6

  7. Senator Houchin added as second author

  8. Senator Houchin removed as coauthor

  9. Second reading: ordered engrossed

  10. Senators Houchin, Messmer, Buck, Perfect, Charbonneau, Raatz, Buchanan added as coauthors

  11. Committee report: amend do pass, adopted

  12. First reading: referred to Committee on Tax and Fiscal Policy

  13. Authored by Senator Holdman

Sponsors

Sponsorship breakdown

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3 sponsors · 8 co-sponsors · 139 not signed on

Sponsors (3)

Co-sponsors (8)

Not signed on (139)

139 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

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Frequently asked questions

What does SB 264 do?
Amends provisions that allow a certified technology park to capture an additional amount of incremental income taxes once it has reached its limit on deposits to do the following: (1) Increase the annual additional deposit amount from $100,000 to $500,000, and cap the total additional amount that may be captured at not more than $2,000,000. (2) Require a certified technology park to meet certain reporting and performance requirements in order to be eligible to capture the additional amount of incremental income taxes.
Who sponsors SB 264?
SB 264 is sponsored by Holli Sullivan, Dave Heine (Republican), Dennis Kruse, Brian Buchanan (Republican), Jeff Raatz (Republican), Ed Charbonneau (Republican), Chip Perfect, James Buck (Republican), Mark Messmer, Erin Houchin, and Travis Holdman (Republican).
What is the current status of SB 264?
This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 264?
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Last checked for changes 3 months ago · updated continuously

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