Indiana · 2025 Regular Session · Bill
SB 104: Residential tax increment financing.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 104 is a bill introduced in the Indiana Senate on January 8, 2025. According to its official title, it concerns: Residential tax increment financing. Primary sponsor: Hal Slager (Republican), Mike Bohacek (Republican), Dan Dernulc (Republican), Rick Niemeyer (Republican). It lists 3 additional sponsors. Most recent recorded action (March 3, 2025): First reading: referred to Committee on Ways and Means.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides, in the case of an allocation provision adopted after June 30, 2025, for a residential housing development program, that the redevelopment commission (commission) shall annually transfer at least 5% of the aggregate allocated tax proceeds from the allocation area to the unit that established the commission. Specifies that the unit must use the revenue for police and fire services that serve the allocation area.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 6
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Hal Slager | Primary sponsor | Republican | House | 15 |
| Mike Bohacek | Primary sponsor | Republican | Senate | 8 |
| Dan Dernulc | Primary sponsor | Republican | Senate | 1 |
| Rick Niemeyer | Primary sponsor | Republican | Senate | 6 |
| Mike Aylesworth | Co-sponsor | Republican | House | 11 |
| Julie Olthoff | Co-sponsor | Republican | House | 19 |
| Lonnie Randolph | Co-sponsor | Democratic | Senate | 2 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- First reading: referred to Committee on Ways and Means
- Referred to the House
- House sponsor: Representative Slager
- Cosponsors: Representatives Olthoff and Aylesworth
- Third reading: passed; Roll Call 83: yeas 46, nays 3
- Amendment #2 (Niemeyer) prevailed; voice vote
- Senator Randolph added as coauthor
- Second reading: amended, ordered engrossed
- Senator Bohacek added as third author
- Senator Dernulc added as second author
- Committee report: do pass, adopted
- First reading: referred to Committee on Tax and Fiscal Policy
Showing 12 most recent of 13 actions. Full history