Certified technology parks.
Summary
Increases the maximum amount of an additional annual deposit amount for a Level 2 certified technology park (park) to: (1) $500,000; or (2) $500,000 multiplied by the number of redevelopment commissions that have entered into a written agreement for the operation of the Level 2 park; as applicable. Provides that if a Level 2 park: (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a military base enhancement area; the Level 2 park shall become a Level 3 park upon reaching its Level 2 deposit limit. Provides that a Level 3 park may receive an additional annual incremental income tax deposit of up to $250,000.
Bill status
passed both
4 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
House Passage
Feb 2025
Senate Passage
Mar 2025
Governor
Introduced Jan 21, 2025
Last action Mar 31, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
House Bill (H)
→
House Bill (S)
·
5 edits
MODERATE
The bill was significantly rewritten to shift focus from military base infrastructure grants to certified technology parks. The original bill established a grant program for military bases and included multiple sections on military base development, while the revised version focuses solely on technology park tax incentives. The funding amount for Level 3 parks was reduced from $500,000 to $250,000, and the effective date changed from upon passage to July 1, 2025.
Scope change
The bill's scope changed from establishing a military base infrastructure grant program to amending the Indiana Code concerning local government and certified technology parks.
SCOPE
Removed the Indiana military base infrastructure grant program and all related sections regarding military base development, grants, and task force duties.
Changed the bill's purpose from amending the Indiana Code concerning state offices and administration to amending the Indiana Code concerning local government.
FISCAL
Reduced the maximum annual incremental income tax deposit for Level 3 certified technology parks from $500,000 to $250,000.
TIMELINE
Changed the effective date from 'upon passage; July 1, 2025' to 'July 1, 2025' only, and updated document dates from January 27, 2025 to February 13, 2025.
REQUIREMENT
Removed requirements for the budget committee to make recommendations on grants and for the budget agency to approve grants before awarding.
Floor votes · Senate Mar 31, 2025 · House Feb 18, 2025
How they voted
47–0
Passed · 3 other
Total votes 50
Mar 31, 2025
D
Democratic10
100% Yea
R
Republican40
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
17
Key actions
5
Committee
4
Mar 31, 2025
Upper · Passed
Third reading: passed; Roll Call 310: yeas 47, nays 0
upper
Mar 18, 2025
Upper · Passed
Committee report: amend do pass, adopted
upper
Feb 18, 2025
Lower · Passed
Third reading: passed; Roll Call 193: yeas 92, nays 0
lower
Feb 13, 2025
Lower · Passed
Committee report: amend do pass, adopted
lower
Jan 27, 2025
Lower · Passed
Committee report: do pass, adopted
lower
Jan 27, 2025
Committee
Recommitted to the Committee on Ways and Means pursuant to House Rule 126.3
lower
2 primary · 5 co-sponsors
Sponsors
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