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The Indiana General Assembly wrapped up its 2025 legislative session on April 25, sending a $44 billion budget and a host of additional bills to Governor Mike Braun, which he signed into law shortly thereafter. Among the most impactful outcomes of this session were sweeping changes to Indiana’s property tax system and significant updates to … Continue reading
Indiana has entered a new era of tax policy. With the passage of Senate Bill 1 on April 15, 2025, and House Bill 1427 on May 6, 2025, state lawmakers have enacted sweeping reforms that will reshape how property is taxed and how local governments can generate revenue. The legislation introduces meaningful relief for property owners and businesses – […]
This legislation continues to evolve. For the most up-to-date information on Senate Bill 1, go here. Indiana Gov. Mike Braun identified property tax reform as a top priority upon taking office, and with the signing of Senate Bill 1 (SB1) this week, that priority has now become reality. The new legislation introduces several significant changes to […]
The Indiana General Assembly recently closed its 2024 legislative session without much fanfare, but a few of the bills that passed are noteworthy for real estate developers and investors. Maybe equally important for the real estate industry is what didn’t make its way into final legislation. Is Your Property “TIF-able”? Tax increment financing (TIF) is […]
Economic development is a constant priority for the Indiana General Assembly, and 2023 was no exception. During this year’s legislative session, lawmakers added funding to a variety of incentive programs that promote investment in Indiana – and created other economic development programs anew. Highlights include a second round of funding for the popular READI program, […]
In 2021, Indiana launched the Regional Economic Acceleration and Development Initiative (READI), dedicating $500 million in state funding to promote strategic investments in regions throughout the state. The program was such a boon – returning more than $8 billion to the state’s economy – that Gov. Holcomb petitioned the state legislature for a second round of […]
This article originally appeared in the IBJ.com. As the dust settles from this year’s session of the Indiana General Assembly, there is one piece of legislation that communities across Indiana should pay attention to as it relates to our state’s ability to attract new jobs and investment. Senate Bill 361, recently signed into law by […]
Hello, and welcome to KSM Location Advisor’s annual Legislative Update! You’ll find detail after detail about what legislative actions the 2019 Indiana General Assembly took in the world of economic development. For example: Is the Venture Capital Investment Tax Credit finally transferrable? It is! Will data centers become more prevalent in Indiana because of important […]
This article originally appeared on IBJ.com. Indiana’s success (or failure) at talent development is key to its future. Legislators and Gov. Eric Holcomb have spent a lot of time addressing this challenge. They’ve created new programs, talked of consolidating agencies, and devoted a lot of money trying to do it better, smarter. We support and […]