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Committee amends H.397 to extend TIF incurrence window to 2028

3429059 · May 21, 2025
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Summary

Anderson Legislative Council amended H.397 to add language from H.419 extending a tax-increment financing (TIF) incurrence/retention deadline in subsection a from March 31, 2026, to 2028 and moved the bill favorably.

Anderson Legislative Council members amended H.397 on May 1, 2025, to add language from H.419 that extends the tax-increment financing (TIF) incurrence/retention deadline in subsection a from March 31, 2026, to 2028 and moved the bill favorably out of committee.

The amendment was presented as a committee amendment that “adds a new section 22a, which contains the language from H.419,” according to a committee staff member. The committee then voted to…

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