States / Indiana / HB 1244

HB 1244 In Committee

Tax increment financing.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
Jan 5, 2026
Last action
Jan 5, 2026 — First reading: referred to Committee on Ways and Means
Session
2026
Momentum
27 · Low