- Skip Navigation

Note: This message is displayed if (1) your browser is not standards-compliant or (2) you have you disabled CSS. Read our Policies for more information.

Indiana General Assembly
Senate Bill 0209


Search all legislative material from the 2006 Session.
General Assembly Home Page

Session Information

Complete Bill Listing

Get Acrobat Reader
You will need to download and install Acrobat Reader to view PDF documents.


Senate Bill 0209

ARCHIVE (2006)

Latest Information


Community investment tax credits. Establishes a community investment tax credit against state tax liability for investments that: (1) qualify for a federal new market tax credit against federal income tax liability; and (2) are made in a community investment entity that agrees to reinvest 100% of its allocation of federal new market tax credits for low income communities in Indiana and at least: (A) 30% of the money that is certified by the Indiana economic development corporation for state community investment tax credits; and (B) 80% of its total assets in low income community businesses in Indiana.
    Current Status:
     In Committee - first House
    >Latest Printing > (PDF)