Indiana · 2025 Regular Session · Bill
SB 439: Tax increment financing.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 439 is a bill introduced in the Indiana Senate on January 13, 2025. According to its official title, it concerns: Tax increment financing. Primary sponsor: Mike Bohacek (Republican). Most recent recorded action (January 13, 2025): First reading: referred to Committee on Tax and Fiscal Policy.
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 that if a proposed redevelopment project area is not taxable at the time the allocation area is being established, any property taxes that would have been paid on undeveloped land shall be included in the base assessed value for purposes of determining property tax levy distributions to the appropriate local units.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Bohacek | Primary sponsor | Republican | Senate | 8 |
“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 Tax and Fiscal Policy
- Authored by Senator Bohacek