HB1408 is a bill in the Indiana Legislature (2026 Regular Session): A BILL FOR AN ACT to amend the Indiana Code concerning education.

What is the status of HB1408?

Signed into law as of March 4, 2026. Latest action: Signed by the Governor (March 4, 2026).

Who sponsored HB1408?

Robert Behning (R, HD-091), with 3 co-sponsors.

Where is the official record for HB1408?

On the Indiana Legislature website: /2026/bills/hb1408

Indiana legislation · 2026 Regular Session

Indiana HB1408: A BILL FOR AN ACT to amend the Indiana Code concerning education.

Q: What does HB1408 do?

In its own words: A bill FOR AN ACT to amend the Indiana Code concerning state and local administration. SUMMARY: Regional innovation development. Provides that a regional development authority (RDA) (rather than the Indiana economic development corporation) may designate territory within a county, city, or town as a regional innovation development and manufacturing district (district). Requires an RDA to enter into an agreement with the executive of a county, city, or town (or executives, if applicable) for any territory sought to be designated as a district. (Current law required agreements when the total cos.

Status: Signed into law, March 4, 2026

Education matters.

What the bill says

A bill FOR AN ACT to amend the Indiana Code concerning state and local administration. SUMMARY: Regional innovation development. Provides that a regional development authority (RDA) (rather than the Indiana economic development corporation) may designate territory within a county, city, or town as a regional innovation development and manufacturing district (district). Requires an RDA to enter into an agreement with the executive of a county, city, or town (or executives, if applicable) for any territory sought to be designated as a district. (Current law required agreements when the total cos.

From the introduced text, May 16, 2026:

A BILL FOR AN ACT to amend the Indiana Code concerning state and local administration. SUMMARY: Regional innovation development. Provides that a regional development authority (RDA) (rather than the Indiana economic development corporation) may designate territory within a county, city, or town as a regional innovation development and manufacturing district (district). Requires an RDA to enter into an agreement with the executive of a county, city, or town (or executives, if applicable) for any territory sought to be designated as a district. (Current law required agreements when the total costs and benefits of a district were expected to be an amount less than $2,000,000,000). Imposes an "annual state revenue transfer cap" on the sum of the net increment of the gross retail incremental amount and the state income tax incremental amount that is equal to 65 times the aggregate population of the territory within an RDA. Provides for review (in addition to budget committee review) by a regional strategic development commission or equivalent authority charged with strategic review under an RDA statute of proposals to designate territory as a district, including designations in which there is an existing allocation area. Lowers the threshold from an unobligated balance of $500,000,000 to $100,000,000 in the statewide district fund required for making transfers to the state general fund. Makes conforming changes.

Indiana HB1408: A BILL FOR AN ACT to amend the Indiana Code concerning education.

What the bill says

Sponsors

Latest actions

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