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Indiana · 2026 Regular Session · Bill

SB 264: Economic development tax credits.

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 264 is a bill introduced in the Indiana Senate on January 8, 2026. According to its official title, it concerns: Economic development tax credits. Primary sponsor: Brian Buchanan (Republican), Linda Rogers (Republican), Danny Lopez (Republican). Most recent recorded action (January 28, 2026): 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.

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.

Sponsors

Sponsors by party (alphabetical): Republican 3

NameRolePartyChamberDistrict
Brian BuchananPrimary sponsorRepublicanSenate7
Linda RogersPrimary sponsorRepublicanSenate11
Danny LopezPrimary sponsorRepublicanHouse39

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. First reading: referred to Committee on Ways and Means
  2. Referred to the House
  3. Third reading: passed; Roll Call 84: yeas 41, nays 3
  4. House sponsor: Representative Lopez
  5. Second reading: ordered engrossed
  6. Committee report: amend do pass, adopted
  7. Authored by Senators Buchanan, Rogers
  8. First reading: referred to Committee on Tax and Fiscal Policy

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source