States / Indiana / SB 264

SB 264 Passed First Chamber

Economic development tax credits.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Amends the economic development for a growing economy (EDGE) tax credit to: (1) authorize the Indiana economic development corporation (IEDC) to increase the value of an EDGE credit to a company for new job creation based on the amount of expenses of the company to relocate an individual to Indiana to fill the position; and (2) explicitly permit the IEDC to provide EDGE credits to a company that is retaining an employee through a minimum of a 25% increase in hourly wages paid to the individual. Clarifies provisions that apply to IEDC certification of a fund as a qualified Indiana investment fund.

Chamber
Senate
Introduced
Jan 8, 2026
Last action
Jan 28, 2026 — First reading: referred to Committee on Ways and Means
Session
2026
Momentum
58 · Moderate