---
type: "Bill"
title: "Tax increment financing."
description: "Provides that a lien resulting from an agreement between a redevelopment commission (commission) and a taxpayer in an allocation area takes priority over any existing or subsequent mortgage, other lien, or other encumbrance on the property, and must have parity with a state property tax lien under IC 6-1.1-22-13. Provides that a lien resulting from a taxpayer agreement will have the priority of real property taxes and may be enforced and collected in all respects as real property taxes. Provides that a commission, or two or more commissions acting jointly, may contract for marketing and advertising of land located in an allocation area. Imposes a limitation on the amount available to be spent on the marketing and advertising of land in an allocation area."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2022"
identifier: "HB 1034"
citation: "Indiana HB 1034 (2022)"
classification: ["bill"]
subjects: ["LIENS AND ENCUMBRANCES", "LOANS", "PROPERTY TAXES generally"]
status: "enacted"
primary_sponsors: ["Jerry Torr", "Ryan Mishler", "Travis Holdman"]
version_count: 4
action_count: 19
vote_count: 1
first_action: "2022-01-04"
last_action: "2022-03-08"
source: "openstates"
source_identifier: "ocd-bill/9bd16580-498c-47ed-8a17-a824583c4a50"
source_url: "http://iga.in.gov/legislative/2022/bills/house/1034"
source_hash: "7dce7c26fabd90e24073698826cc5abb663276090e8c946088040d3642c0288c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-in"]
---

# Indiana HB 1034 (2022) — Tax increment financing.

Provides that a lien resulting from an agreement between a redevelopment commission (commission) and a taxpayer in an allocation area takes priority over any existing or subsequent mortgage, other lien, or other encumbrance on the property, and must have parity with a state property tax lien under IC 6-1.1-22-13. Provides that a lien resulting from a taxpayer agreement will have the priority of real property taxes and may be enforced and collected in all respects as real property taxes. Provides that a commission, or two or more commissions acting jointly, may contract for marketing and advertising of land located in an allocation area. Imposes a limitation on the amount available to be spent on the marketing and advertising of land in an allocation area.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Enrolled House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/HB1034/versions/HB1034.04.ENRS)
2. **House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/HB1034/versions/HB1034.02.COMH)
3. **House Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/HB1034/versions/HB1034.03.COMS)
4. **Introduced House Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/HB1034/versions/HB1034.01.INTR)

## Votes

- HB 1034 - Holdman - 3rd Reading — **49–0** (pass) · upper

## Sponsors

- Jerry Torr — primary (person)
- Ryan Mishler — primary (person)
- Travis Holdman — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-01-04** Authored by Representative Torr
- **2022-01-04** First reading: referred to Committee on Ways and Means `reading-1, referral-committee`
- **2022-01-18** Committee report: amend do pass, adopted `committee-passage`
- **2022-01-20** Second reading: ordered engrossed `reading-2`
- **2022-01-24** Senate sponsors: Senators Holdman and Mishler
- **2022-01-24** Third reading: passed; Roll Call 56: yeas 92, nays 2 `passage, reading-3`
- **2022-01-25** Referred to the Senate
- **2022-02-01** First reading: referred to Committee on Tax and Fiscal Policy `reading-1, referral-committee`
- **2022-02-15** Committee report: amend do pass, adopted `committee-passage`
- **2022-02-21** Second reading: ordered engrossed `reading-2`
- **2022-02-22** Third reading: passed; Roll Call 229: yeas 49, nays 0 `passage, reading-3`
- **2022-02-23** Returned to the House with amendments `amendment-failure`
- **2022-02-28** Motion to concur filed
- **2022-03-01** House concurred in Senate amendments; Roll Call 306: yeas 92, nays 1 `amendment-failure`
- **2022-03-04** Signed by the Speaker
- **2022-03-07** Signed by the President Pro Tempore
- **2022-03-08** Signed by the President of the Senate
- **2022-03-08** Public Law 46
- **2022-03-08** Signed by the Governor `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9bd16580-498c-47ed-8a17-a824583c4a50`. Confidence: reported (aggregated from official Indiana legislature records).