Indiana legislation · 2026 Regular Session
Indiana HB1244: A BILL FOR AN ACT to amend the Indiana Code concerning local government.
Status: In committee, January 5, 2026
Tax increment financing.
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 6-1.1-21.2-8, AS AMENDED BY P.L.236-2023, SECTION 40, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 8. As used in this chapter, "special fund" (2) the special funds referred to in IC 8-22-3.5-9(e); (3) the allocation fund referred to in IC 36-7-14-39(b)(4); IC 36-7-14-39(b)(5); (4) the allocation fund referred to in IC 36-7-14.5-12.5(d); (5) the special fund referred to in IC 36-7-15.1-26(b)(3); (6) the special fund referred to in IC 36-7-15.1-53(b)(3); (7) the allocation fund referred to in IC 36-7-30-25(b)(3); or (8) the allocation fund referred to in IC 36-7-30.5-30(b)(3). SECTION 2. IC 36-7-14-12.7, AS ADDED BY P.L.236-2023, SECTION 172, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 12.7. (a) Not later than December 1 each year, the redevelopment commissioners shall file with the department of local government finance and with the unit's executive 2026 IN 1244--LS 6938/DI and fiscal body a report setting out a spending plan for the next calendar year describing planned expenditures. The spending plan must be filed in the manner prescribed by the department of local government finance. (b) A redevelopment commission may use money from the redevelopment commission's allocation fund described in section 39(b)(4) 39(b)(5) of this chapter and any other fund maintained …
Sponsors
- Randy Novak (D) · primary sponsor
Latest actions
- : First reading: referred to Committee on Ways and Means
- : Authored by Representative Novak
Subjects: HOMELAND SECURITY; Generally, LAW ENFORCEMENT; Generally, LIBRARIES; Generally, TAXES; Tax Increment Financing (TIF), TAXES; Property Taxes, FIREFIGHTERS; Fire Departments and Districts, HEALTH; Emergency Medical Services (EMS), SCHOOLS; Generally
Common questions
- What is HB1244?
- HB1244 is a bill in the Indiana Legislature (2026 Regular Session): A BILL FOR AN ACT to amend the Indiana Code concerning local government.
- What does HB1244 do?
- In its own words: A bill FOR AN ACT to amend the Indiana Code concerning local government.
- What is the status of HB1244?
- In committee as of January 5, 2026. Latest action: First reading: referred to Committee on Ways and Means (January 5, 2026).
- Who sponsored HB1244?
- Randy Novak (D).
- Where is the official record for HB1244?
- On the Indiana Legislature website: /2026/bills/hb1244
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.