Braun signs bills for data center payments, IEDC tax credits, rental caps

Indiana Governor Mike Braun signed several bills into law on Thursday, including legislation related to data center payments, tax credits for the Indiana Economic Development Corp., and rental property restrictions. The data center bill allows counties to offer reduced property tax rates on qualifying data center projects. The IEDC bill provides the economic development agency with additional tax credit tools. The rental restrictions legislation imposes new limits on security deposits and other fees for rental properties. The bills were part of a broader legislative agenda focused on economic development and business regulation in Indiana.