HB 1244

Indiana House bill in Session 2026.

Status: in_committee. Latest action: January 5, 2026.

Tax increment financing.

Bill ID IN-2026-HB-1244
Session 2026
Status in_committee
Committee Ways and Means
House in_committee 2026-01-05
Education Healthcare Public Safety Tax / Budget / Appropriations
Summary

Provides that 10% of the excess property tax proceeds collected in an allocation area must be allocated among school corporations, libraries, and taxing units that provide police services, fire protection, emergency medical service, or public safety services in the allocation area.

Sponsor
Randy Novak
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-05 Introduced Bill introduced
2026-01-05 Status in_committee
2026-01-05 Latest Action First reading: referred to Committee on Ways and Means
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