SB 397 — Innovation development districts.
Last action — First reading: referred to Committee on Tax and Fiscal Policy
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✓Introduced
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2In 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 2023 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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
Provides that before the state purchases more than 100 acres of land for economic development purposes, the state must give notice to the executive of each local unit in which the land is located. Provides that a school corporation that receives a portion of the aggregate percentage of incremental property tax revenue transferred may use those funds with no restrictions or specified uses.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 397 on the official Indiana source →Action History
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First reading: referred to Committee on Tax and Fiscal Policy
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Authored by Senator Buchanan
Sponsors
- Brian Buchanan · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 149 not signed on
Sponsors (1)
- Brian Buchanan Republican
Co-sponsors (0)
None.
Not signed on (149)
149 members have not signed on to this bill.
Show all 149 →"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 397 do?
- Provides that before the state purchases more than 100 acres of land for economic development purposes, the state must give notice to the executive of each local unit in which the land is located. Provides that a school corporation that receives a portion of the aggregate percentage of incremental property tax revenue transferred may use those funds with no restrictions or specified uses.
- Who sponsors SB 397?
- SB 397 is sponsored by Brian Buchanan (Republican).
- What is the current status of SB 397?
- This bill died with 2023 Regular Session. It reached “In Committee” 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 397?
- Track SB 397 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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