DIGEST OF INTRODUCED BILL
Sustainable building property tax deduction. Authorizes a county fiscal body to adopt an ordinance providing a deduction from the assessed value of a newly constructed building or a rehabilitated building that is certified to meet the LEED (Leadership in Energy and Environmental Design) silver rating under the rating systems of the U.S. Green Building Council. Requires the ordinance to specify the amount of the deduction. Authorizes the Indiana economic development corporation to adopt rules allowing the corporation to give priority to economic development projects that meet or surpass LEED standards.