Senate Bill

SB 465

Certified technology parks.

In plain English

Makes a Level 2 certified technology park a Level 3 park once it reaches its Level 2 deposit limit, if it keeps its certification and is in a military base enhancement area. Allows a Level 3 park to receive an additional annual incremental income tax deposit of up to $250,000.

Written by AI from the official digest below, and checked only by automated rules. If they differ, the official digest and bill text control.

Official digest

Provides that if a Level 2 certified technology park (park): (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a military base enhancement area; the park shall become a Level 3 park upon reaching its Level 2 deposit limit. Provides that a Level 3 park may receive an additional annual incremental income tax deposit of up to $250,000.

Latest action: Motion to concur filed, April 17, 2025Full text and history at iga.in.gov

Authors and sponsors

Eric Bassler, Mike Gaskill, Shane Lindauer

Co-authors and co-sponsors: Chris Judy, Dave Heine, Steve Bartels

Roll-call votes

2 recorded votes, oldest first. Third-reading votes decide whether a bill passes a chamber; amendment votes and procedural motions are listed too.

Senate · Feb 20, 2025

Third reading: vote to pass

Roll call text: SB 465 - Bassler - 3rd Reading

Passed

49 yes0 no1 did not vote

Republicans: 39 yes, 0 noDemocrats: 9 yes, 0 no, 1 did not voteNot matched to a current member: 1 yes, 0 no

How each member voted

House · Apr 15, 2025

Third reading: vote to pass

Roll call text: SB 465 - Lindauer - 3rd Reading

Passed

93 yes2 no5 did not vote

Republicans: 65 yes, 0 no, 5 did not voteDemocrats: 26 yes, 2 noIndependents: 1 yes, 0 noNot matched to a current member: 1 yes, 0 no

How each member voted

Yes (93)

No (2)

Did not vote (5)

Source: Open States, compiled from the Indiana General Assembly's official roll calls. The official record at iga.in.gov controls. Spot an error? Let us know.