Moed opposes passage of bill to repeal economic enhancement district

Today, Jan. 30, the House Chamber passed House Bill 1199. The bill will repeal the Mile Square economic enhancement district law, which was adopted by the Indianapolis City-County Council after a provision to allow it passed in the 2023 state budget. The funding tool would provide the city with an additional $5.5 million a year for public safety enhancements, including a planned low-barrier homeless shelter.

State Rep. Justin Moed (D-Indianapolis) released the following statement regarding the passage of the bill: 

“Last session, the City and State collaborated to create a way to raise additional funding from downtown property targeted at the efforts to increase safety in downtown Indianapolis and fund resources to reduce homelessness. Unfortunately, HB 1199 upends those efforts and will leave the city without an important tool.”

“This is a step backward in our efforts to improve the quality of life and safety in our downtown neighborhoods. Furthermore, now much-needed resources for other parts of the city will likely be diverted to meet this unfunded need.”