STATE BILLIN SB 264ENGROSSED

Economic development tax credits.

State of Indiana

Economic development tax credits. Amends the economic development for a growing economy (EDGE) tax credit to: (1) authorize the Indiana economic development corporation (IEDC) to increase the value of an EDGE credit to a company for new job creation based on the amount of expenses of the company to relocate an individual to Indiana to fill the position; and (2) explicitly permit the IEDC to provide EDGE credits to a company that is retaining an employee through a minimum of a 25% increase in hourly wages paid to the individual. Clarifies provisions that apply to IEDC certification of a fund as a qualified Indiana investment fund.

Status
Engrossed
Passed its first chamber
Status date
Jan 27, 2026
289 days ago
Current chamber
House of Representatives
Session
2026 Regular Session
IN SB 264 · EngrossedJan 27

Follow the legislation that affects what you sell.

Get started free

Free account · 30-second setup · No credit card

What it means for vendors

Civic IQ reads each bill for what it would fund, require or change for the agencies that buy.

Bill details

Last action
First reading: referred to Committee on Ways and Means · Jan 28, 2026
Pending committee
Ways and Means

Sponsors

BBBrian BuchananSenator · Republican · SD-007Primary sponsor
LRLinda RogersSenator · Republican · SD-011Primary sponsor
DLDanny LopezRepresentative · Republican · HD-039

Bill history

Newest first.

Jan 28, 2026First reading: referred to Committee on Ways and MeansHouse
Jan 27, 2026Referred to the HouseSenate
Jan 26, 2026House sponsor: Representative LopezSenate
Jan 26, 2026Third reading: passed; Roll Call 84: yeas 41, nays 3Senate
Jan 22, 2026Second reading: ordered engrossedSenate
Jan 20, 2026Committee report: amend do pass, adoptedSenate
Jan 8, 2026First reading: referred to Committee on Tax and Fiscal PolicySenate
Jan 8, 2026Authored by Senators Buchanan, RogersSenate

Recorded vote

Senate - Third readingJan 26, 2026 · Senate · 41 yea · 3 nayPassed

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

Work in government? Get Civic IQ free →

Start finding government buyers today.
It's free.

B2G and SLED sales intelligence. Surface government procurement signals from 100,000+ state, local, and education agencies months before the RFP.

Get started free

No credit card required