DIGEST OF INTRODUCED BILL
Smart growth land conservation. Prohibits various state agencies from funding growth related projects in certain areas. Requires the state board of tax commissioners to give priority to school construction projects that: (1) renovate or expand existing school buildings; (2) serve existing neighborhoods; (3) do not convert or contribute to the conversion of agricultural lands; and (4) do not require new water or sewer infrastructure. Provides a tax credit for job creation in certain municipal areas. Establishes the Hoosier legacy fund to provide matching funds to eligible projects under the United States Department of Agriculture's farmland preservation and forest legacy programs. Authorizes the Indiana land resources council to identify priority funding areas in cooperation with municipalities and perform certain other tasks.