IN HB1035 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Authored by Representative Culver
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Use of proceeds from forfeited property. Provides that: (1) money; or (2) proceeds from the sale of property; that has been seized and forfeited because of its connection to the violation of certain criminal statutes may not be used to purchase a passenger motor vehicle if the value of the motor vehicle is greater than the maximum value of a Class XV vehicle as determined under the law concerning the motor vehicle excise tax. (Under current law, the value of a Class XV vehicle is at least $30,000 but less than $35,000.)

Tracking Information

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Title

Use of proceeds from forfeited property. Provides that: (1) money; or (2) proceeds from the sale of property; that has been seized and forfeited because of its connection to the violation of certain criminal statutes may not be used to purchase a passenger motor vehicle if the value of the motor vehicle is greater than the maximum value of a Class XV vehicle as determined under the law concerning the motor vehicle excise tax. (Under current law, the value of a Class XV vehicle is at least $30,000 but less than $35,000.)

Sponsors


History

DateChamberAction
2015-01-06HouseAuthored by Representative Culver
2015-01-06HouseFirst Reading: referred to Committee on Judiciary

Indiana State Sources


Bill Comments

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