---
type: "Bill"
title: "Certified technology parks."
description: "Specifies additional information that a certified technology park (park) is required to provide to the Indiana economic development corporation (corporation) in the course of a review. Provides that if a park has reached the limit on deposits and maintains its certification, the park shall become a Level 2 park. Increases, from $100,000 to $250,000, the annual additional incremental income tax deposit amount that a park captures once it has reached its limit on deposits. Clarifies the calculation of the additional incremental income tax deposit amount in the year in which a park reaches its limit on deposits. Provides that when the corporation certifies a Level 2 park, the corporation shall make a determination of whether the park shall continue to be designated as a Level 2 park. Requires the corporation to report to the budget committee certain information pertaining to businesses located in each park on a biennial basis."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2023"
identifier: "SB 271"
citation: "Indiana SB 271 (2023)"
classification: ["bill"]
subjects: ["BUDGETS AND APPROPRIATIONS", "ECONOMIC DEVELOPMENT generally", "LOCAL GOVERNMENT", "TECHNOLOGY"]
status: "enacted"
primary_sponsors: ["Brian Buchanan", "Craig Snow", "Travis Holdman"]
version_count: 5
action_count: 24
vote_count: 1
first_action: "2023-01-11"
last_action: "2023-05-01"
source: "openstates"
source_identifier: "ocd-bill/f84bbc49-ad1a-4c5f-ae2b-96192419d34f"
source_url: "http://iga.in.gov/legislative/2023/bills/senate/271"
source_hash: "a603b3835dce26b715dad2aae9b1e11780b04d58cd2c90e6cdf437d804f95d2d"
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 SB 271 (2023) — Certified technology parks.

Specifies additional information that a certified technology park (park) is required to provide to the Indiana economic development corporation (corporation) in the course of a review. Provides that if a park has reached the limit on deposits and maintains its certification, the park shall become a Level 2 park. Increases, from $100,000 to $250,000, the annual additional incremental income tax deposit amount that a park captures once it has reached its limit on deposits. Clarifies the calculation of the additional incremental income tax deposit amount in the year in which a park reaches its limit on deposits. Provides that when the corporation certifies a Level 2 park, the corporation shall make a determination of whether the park shall continue to be designated as a Level 2 park. Requires the corporation to report to the budget committee certain information pertaining to businesses located in each park on a biennial basis.

## Version chain

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

1. **Engrossed Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0271/versions/SB0271.03.ENGS)
2. **Enrolled Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0271/versions/SB0271.05.ENRH)
3. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0271/versions/SB0271.01.INTR)
4. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0271/versions/SB0271.04.COMH)
5. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2023/bills/SB0271/versions/SB0271.02.COMS)

## Votes

- SB 271 - Snow C - 3rd Reading — **96–0** (pass) · lower

## Sponsors

- Brian Buchanan — primary (person)
- Craig Snow — primary (person)
- Travis Holdman — primary (person)
- Dave Heine — cosponsor (person)
- Elizabeth Rowray — cosponsor (person)
- Lonnie Randolph — coauthor (person)
- Matt Pierce — cosponsor (person)

## Timeline

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

- **2023-01-11** Authored by Senator Buchanan
- **2023-01-11** First reading: referred to Committee on Appropriations `reading-1, referral-committee`
- **2023-01-23** Committee report: amend do pass, adopted `committee-passage`
- **2023-01-23** Senator Holdman added as second author
- **2023-01-30** Amendment #1 (Melton) prevailed; voice vote `amendment-passage`
- **2023-01-30** Second reading: amended, ordered engrossed `reading-2`
- **2023-01-31** Third reading: passed; Roll Call 50: yeas 49, nays 0 `passage, reading-3, reading-3`
- **2023-01-31** House sponsor: Representative Snow
- **2023-01-31** Senator Randolph added as coauthor
- **2023-02-02** Referred to the House `referral`
- **2023-02-28** First reading: referred to Committee on Ways and Means `reading-1, referral-committee`
- **2023-03-14** Representatives Rowray E and Heine added as cosponsors
- **2023-03-30** Committee report: amend do pass, adopted `committee-passage`
- **2023-04-03** Second reading: ordered engrossed `reading-2`
- **2023-04-04** Representative Pierce M added as cosponsor
- **2023-04-04** Third reading: passed; Roll Call 353: yeas 96, nays 0 `passage, reading-3, reading-3`
- **2023-04-05** Returned to the Senate with amendments `receipt`
- **2023-04-06** Motion to concur filed `filing`
- **2023-04-10** Senate concurred in House amendments; Roll Call 352: yeas 48, nays 0
- **2023-04-13** Signed by the President Pro Tempore `passage`
- **2023-04-21** Signed by the Speaker `passage`
- **2023-04-26** Signed by the President of the Senate `passage`
- **2023-05-01** Signed by the Governor `executive-signature`
- **2023-05-01** Public Law 105 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f84bbc49-ad1a-4c5f-ae2b-96192419d34f`. Confidence: reported (aggregated from official Indiana legislature records).