Amends and adds provisions regarding the redevelopment tax credit, including provisions concerning the promotion of regional collaboration and the use of development plans with respect to certain qualified investments. Authorizes a regional development authority to establish a regional development advisory council. Modifies a provision regarding augmentation of the deal closing fund by the budget agency in HEA 1001-2025.

Statutes affected:
Introduced Senate Bill (S): 5-28-6-9, 6-3.1-34-11, 6-3.1-34-15, 6-3.1-34-16, 6-3.1-34-17, 6-3.1-34-18, 6-3.1-34-23, 36-7.6-2-3
Senate Bill (S): 5-28-6-9, 36-7.6-2-3
Engrossed Senate Bill (S): 36-7.6-2-3