SB 397 Innovation development districts
Indiana 2023 Regular Session
Innovation development districts.
SB-397
About SB-397
Innovation development districts. Provides that before the state purchases more than 100 acres of land for economic development purposes, the state must give notice to the executive of each local unit in which the land is located. Provides that a school corporation that receives a portion of the aggregate percentage of incremental property tax revenue transferred may use those funds with no restrictions or specified uses.
Bill Texts
Introduced 01/18/2023
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