Indiana House Bill 1244: Tax increment financing.

Indiana · 2026 Regular Session

What it does

Tax increment financing. Provides that 10% of the excess property tax proceeds collected in an allocation area must be allocated among school corporations, libraries, and taxing units that provide police services, fire protection, emergency medical service, or public safety services in the allocation area.

Latest action

First reading: referred to Committee on Ways and Means (2026-01-05)

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