Senate Bill
SB 264
Economic development tax credits.
In plain English
Changes the EDGE tax credit by letting the Indiana Economic Development Corporation raise a company's credit for new jobs based on what the company spends to move a worker to Indiana. It also explicitly allows credits for companies that keep an employee through a raise of at least 25% in hourly wages, and clarifies rules for certifying qualified Indiana investment funds.
Written by AI from the official digest below, and checked only by automated rules. If they differ, the official digest and bill text control.
Official digest
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.
Latest action: First reading: referred to Committee on Ways and Means, January 28, 2026Full text and history at iga.in.gov
Authors and sponsors
Brian Buchanan, Linda Rogers, Danny Lopez
Roll-call votes
1 recorded vote, oldest first. Third-reading votes decide whether a bill passes a chamber; amendment votes and procedural motions are listed too.
Senate · Jan 26, 2026
Third reading: vote to pass
Roll call text: SB 264 - Buchanan - 3rd Reading
Passed
41 yes3 no5 did not vote
Republicans: 34 yes, 3 no, 2 did not voteDemocrats: 7 yes, 0 no, 3 did not vote
How each member voted
Yes (41)
- Aaron Freeman (R)
- Andrea Hunley (D)
- Blake Doriot (R)
- Brett Clark (R)
- Brian Buchanan (R)
- Chris Garten (R)
- Cyndi Carrasco (R)
- Dan Dernulc (R)
- David Niezgodski (D)
- Ed Charbonneau (R)
- Eric Koch (R)
- Fady Qaddoura (D)
- Greg Goode (R)
- Greg Taylor (D)
- Greg Walker (R)
- Jean Leising (R)
- Jeff Raatz (R)
- Jim Buck (R)
- Jim Tomes (R)
- Justin Busch (R)
- Kyle Walker (R)
- Linda Rogers (R)
- Mark Spencer (D)
- Michael Crider (R)
- Mike Bohacek (R)
- Mike Gaskill (R)
- Mike Young (R)
- Randy Maxwell (R)
- Rick Niemeyer (R)
- Rod Bray (R)
- Rodney Pol (D)
- Ron Alting (R)
- Ryan Mishler (R)
- Scott Alexander (R)
- Scott Baldwin (R)
- Shelli Yoder (D)
- Spencer Deery (R)
- Stacey Donato (R)
- Sue Glick (R)
- Travis Holdman (R)
- Tyler Johnson (R)
No (3)
- Daryl Schmitt (R)
- Gary Byrne (R)
- Liz Brown (R)
Did not vote (5)
- Eric Bassler (R)
- J.D. Ford (D)
- La Keisha Jackson (D)
- Lonnie Randolph (D)
- Vaneta Becker (R)
Source: Open States, compiled from the Indiana General Assembly's official roll calls. The official record at iga.in.gov controls. Spot an error? Let us know.