SB0264Introduced in the Senate
Economic development tax credits.
Introduced by Brian Buchanan, District 7
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Economic development tax credits. Amends the economic development for a growing economy (EDGE) tax credit to: (1) authorize the Indiana economic development corporation (IEDC) to increase the value of an EDGE credit to a company for new job creation based on the amount of expenses of the company to relocate an individual to Indiana to fill the position; and (2) explicitly permit the IEDC to provide EDGE credits to a company that is retaining an employee through a minimum of a 25% increase in hourly wages paid to the individual. Clarifies provisions that apply to IEDC certification of a fund as a qualified Indiana investment fund.
Where it stands
First reading: referred to Committee on Ways and Means
January 28, 2026
How did lawmakers vote?
SenateStage: Senate - Third reading · January 26, 2026
41
Yes
3
No
5
Absent or Not Voting
49 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Dan Dernulc | 1 | Yes |
| Lonnie Randolph | 2 | Absent |
| Mark Spencer | 3 | Yes |
| Rodney Pol | 4 | Yes |
| Ed Charbonneau | 5 | Yes |
| Rick Niemeyer | 6 | Yes |
| Brian Buchanan | 7 | Yes |
| Mike Bohacek | 8 | Yes |
| Ryan Mishler | 9 | Yes |
| David Niezgodski | 10 | Yes |
Bill history
Authored by Senators Buchanan, Rogers
First reading: referred to Committee on Tax and Fiscal Policy
Committee report: amend do pass, adopted
Second reading: ordered engrossed
Third reading: passed; Roll Call 84: yeas 41, nays 3
House sponsor: Representative Lopez
Referred to the House
First reading: referred to Committee on Ways and Means
Verify the information
- Official page on the Indiana Legislature website
- Senate Tax and Fiscal Policy Amendment #2 (amendment)
- Senate Tax and Fiscal Policy Amendment #1 (amendment)
- Senate Tax and Fiscal Policy Amendment #2 (amendment)
- Senate Tax and Fiscal Policy Amendment #1 (amendment)
- Senate Amendment #1 (amendment)
- Fiscal Note (supplement)
- Vote Sheet (supplement)
- Committee Report (supplement)
- Fiscal Note (supplement)
- Fiscal Note (supplement)
- Fiscal Note (supplement)
- Introduced (text)
- Comm Sub (text)
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.