IN HB1045 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 3 2018 - 25% progression, died in committee
Action: 2018-01-09 - Representative Cook added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2018 - 25% progression, died in committee
Action: 2018-01-09 - Representative Cook added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Controlled project referendum. Provides that if the estimated increase in a political subdivision's property tax levy for debt service for a proposed controlled project will be offset in whole or in part because of the retirement of existing debt of the political subdivision, the proper officers of the political subdivision may adopt a resolution that does the following: (1) Includes a schedule that specifies certain information concerning the debt service for the controlled project and the expected changes in the political subdivision's total debt service payments that will result because the debt service for the controlled project will be offset
Title
Controlled project referendum. Provides that if the estimated increase in a political subdivision's property tax levy for debt service for a proposed controlled project will be offset in whole or in part because of the retirement of existing debt of the political subdivision, the proper officers of the political subdivision may adopt a resolution that does the following: (1) Includes a schedule that specifies certain information concerning the debt service for the controlled project and the expected changes in the political subdivision's total debt service payments that will result because the debt service for the controlled project will be offset
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-09 | House | Representative Cook added as coauthor |
| 2018-01-03 | House | Representative Clere added as coauthor |
| 2018-01-03 | House | First reading: referred to Committee on Ways and Means |
| 2018-01-03 | House | Authored by Representative Thompson |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2018/bills/house/1045/details |
| Text | http://iga.in.gov/static-documents/3/2/f/7/32f70902/HB1045.01.INTR.pdf |
