Committee report: amend do pass, adopted
Summary
The bill directs the Indiana Economic Development Corp to issue $35 million in redevelopment tax credits each year to qualifying developers, nonprofits and local economic groups, and earmarks $15 million of a larger $300 million credit pool for a new small‑town opportunity program. It also modifies venture‑capital tax credits, adds incentives for advanced technology parks, and establishes a state chapter to manage a federal unmanned aircraft systems test site. The measures aim to spur investment in rural areas, high‑tech industries, and aerospace research.
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