Repeal of downtown economic tool one step closer at statehouse

A bill to repeal a funding tool for downtown Indianapolis passed the Indiana House Tuesday evening.  The Economic Enhancement District, or EED, was passed by the City-County Council last year after 2023 state legislation allowed the move.

The EED sets up a district where property owners pay a fee to the city. All told, the district would provide $5.5 million a year for public safety, beautification, and homelessness initiatives.

It was supported by downtown businesses, residents, and developers.
State Rep. Cherrish Pryor (D-Indianapolis) said the district would address concerns that many have about downtown Indianapolis.

“Mile Square is facing a unique set of challenges including public safety concerns and cleanliness. EED will provide funding for the services necessary to promote a safe, clean and beloved downtown,” Pryor said.

Some apartment owners spoke in favor of the legislation repealing the district.

Lawmakers have proposed another bill that would allow the City-County Council to increase income taxes. 

The bill now moves to the Senate.