See also: Corporations Before Kids: Slager Bill Would Deprive Schools, Police and Fire of Funds for 30 Years
February 28, 2017-Hal Slager’s corporate welfare bill-House Bill 1144-was assigned to the Senate Committee on Tax and Fiscal Policy. A hearing date has not yet been set, but local Senators Rick Niemeyer and Karen Tallian have signed on as sponsors of the legislation. In addition, the committee chair Sen. Brandt Hershman (R-Indpls) has signed on as a sponsor.
Under the bill transit development districts consisting of one square mile of area would be created around train stations. All increases in property tax, income tax, sales tax and local income tax within the district would be diverted to Visclosky’s Northwest Indiana Regional Development Authority (RDA) for 30 years. Schools, police and fire personnel will be devastated by the bill while banker, consultants and out-of-state developers will be big winners as the funds will go toward the RDA regional transformation plan. The plan calls for remaking the NWI region by promoting mixed-use, multi-family housing throughout the area.
Proponents of the bill, including Congressman Peter Visclosky and Representative Slager, have said that millennials want multi-family housing despite overwhelming evidence that millennials want to live in single family homes.
We urge you to write to Senators Niemeyer and Tallian regarding House Bill 1144.