SB 262 — Housing tax credits.
Last action — Representative Andrade M added as cosponsor
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2022 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This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
Summary
Provides an affordable and workforce housing state tax credit against state tax liability to a taxpayer for each taxable year in the state tax credit period of a qualified project in an aggregate amount that does not exceed the product of a percentage between 40% and 100% and the amount of the taxpayer's aggregate federal tax credit for the qualified project. Provides that an eligible applicant must apply to the Indiana housing and community development authority for an award of an affordable and workforce housing state tax credit. Provides that a holder of an affordable and workforce housing state tax credit may transfer, sell, or assign all or part of the holder's right to claim the state tax credit for a taxable year.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 262 on the official Indiana source →Action History
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Representative Andrade M added as cosponsor
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First reading: referred to Committee on Ways and Means
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Referred to the House
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Senator Randolph added as coauthor
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Senator Charbonneau added as coauthor
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House sponsor: Representative Heine
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Third reading: passed; Roll Call 56: yeas 47, nays 0
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Senators Busch, Lanane, Qaddoura added as coauthors
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Second reading: ordered engrossed
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Senator Rogers added as second author
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Committee report: do pass, adopted
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First reading: referred to Committee on Tax and Fiscal Policy
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Authored by Senator Holdman
Sponsors
- Travis Holdman · Primary
- Linda Rogers · Primary
- Justin Busch · Cosponsor
- Timothy Lanane · Cosponsor
- Fady Qaddoura · Cosponsor
- Ed Charbonneau · Cosponsor
- Lonnie Randolph · Cosponsor
- Dave Heine · Primary
- Mike Andrade · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →3 sponsors · 6 co-sponsors · 141 not signed on
Sponsors (3)
- Travis Holdman Republican
- Linda Rogers Republican
- Dave Heine Republican
Co-sponsors (6)
- Justin Busch Republican
- Timothy Lanane
- Fady Qaddoura Democrat
- Ed Charbonneau Republican
- Lonnie Randolph Democrat
- Mike Andrade Democrat
Not signed on (141)
141 members have not signed on to this bill.
Show all 141 →"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.
Subjects
Frequently asked questions
- What does SB 262 do?
- Provides an affordable and workforce housing state tax credit against state tax liability to a taxpayer for each taxable year in the state tax credit period of a qualified project in an aggregate amount that does not exceed the product of a percentage between 40% and 100% and the amount of the taxpayer's aggregate federal tax credit for the qualified project. Provides that an eligible applicant must apply to the Indiana housing and community development authority for an award of an affordable and workforce housing state tax credit. Provides that a holder of an affordable and workforce housing state tax credit may transfer, sell, or assign all or part of the holder's right to claim the state tax credit for a taxable year.
- Who sponsors SB 262?
- SB 262 is sponsored by Travis Holdman (Republican), Linda Rogers (Republican), Justin Busch (Republican), Timothy Lanane, Fady Qaddoura (Democrat), Ed Charbonneau (Republican), Lonnie Randolph (Democrat), Dave Heine (Republican), and Mike Andrade (Democrat).
- What is the current status of SB 262?
- This bill died with 2022 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 262?
- Track SB 262 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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