Indiana legislation · 2026 Regular Session
Indiana HB1225: Certified technology parks.
Status: In committee, January 5, 2026
Provides that if a Level 2 certified technology park (park): (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a qualified military base enhancement area; the 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.
What the bill says
A bill FOR AN ACT to amend the Indiana Code concerning local government.
From the introduced text:
A BILL FOR AN ACT to amend the Indiana Code concerning local government. SECTION 1. IC 36-7-32-8.5, AS AMENDED BY P.L.154-2020, SECTION 50, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 8.5. As used in this chapter, "income tax incremental amount" means the following: (1) Except as provided in subdivision (2), the remainder of: (A) the total amount of state adjusted gross income taxes and local income taxes paid by employees employed in the territory comprising the certified technology park with respect to wages and salary earned for work in the territory comprising the certified technology park for a particular state fiscal year; minus (B) the sum of the: (i) income tax base period amount as defined in section 8 of this chapter; and (ii) tax credits awarded by the Indiana economic development corporation under IC 6-3.1-13 to businesses operating in a certified technology park as the result of 2026 IN 1225--LS 6310/DI wages earned for work in the certified technology park for the state fiscal year; as determined by the department of state revenue. (2) In the case of a certified technology park for which the amount limit under section 22(c), or 22(d), or 22(e) of this chapter has been exceeded, the remainder of: (A) the total amount of state adjusted gross income taxes and local …
Sponsors
- Shane Lindauer (R, HD-063) · primary sponsor
Latest actions
- : First reading: referred to Committee on Ways and Means
- : Authored by Representative Lindauer
Subjects: TECHNOLOGY; Generally, TAXES; Tax Increment Financing (TIF), BUSINESS ORGANIZATIONS AND ASSOCIATIONS; Generally, ARMED FORCES; Generally
Common questions
- What is HB1225?
- HB1225 is a bill in the Indiana Legislature (2026 Regular Session): Certified technology parks.
- What does HB1225 do?
- In its own words: A bill FOR AN ACT to amend the Indiana Code concerning local government.
- What is the status of HB1225?
- In committee as of January 5, 2026. Latest action: First reading: referred to Committee on Ways and Means (January 5, 2026).
- Who sponsored HB1225?
- Shane Lindauer (R, HD-063).
- Where is the official record for HB1225?
- On the Indiana Legislature website: https://iga.in.gov/legislative/2026/bills/house/1225
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.