Indiana House Bill 1059 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 5 2016 - 25% progression, died in committee
Action: 2016-01-11 - Representative Karickhoff added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

City and town fiscal matters. Requires a city or town outside of Marion County to deposit all of the city's or town's cigarette tax distribution in the city's or town's general fund. (Current law requires the distribution to be divided between the city's or town's general fund and a cumulative capital improvement fund.) Repeals the following: (1) The requirement that a city or town establish a cumulative capital improvement fund. (2) A nonreversion provision. (3) Authority to transfer money from a cumulative capital improvement fund to the city's or town's general fund. Makes conforming changes. Provides that money distributed to

City and town fiscal matters. Requires a city or town outside of Marion County to deposit all of the city's or town's cigarette tax distribution in the city's or town's general fund. (Current law requires the distribution to be divided between the city's or town's general fund and a cumulative capital improvement fund.) Repeals the following: (1) The requirement that a city or town establish a cumulative capital improvement fund. (2) A nonreversion provision. (3) Authority to transfer money from a cumulative capital improvement fund to the city's or town's general fund. Makes conforming changes. Provides that money distributed to

Rep. David Ober [R]

Rep. John Price [R]

Rep. Michael Karickhoff [R]

Date	Chamber	Action
2016-01-11	House	Representative Karickhoff added as coauthor
2016-01-11	House	Representative Price added as coauthor
2016-01-05	House	First reading: referred to Committee on Ways and Means
2016-01-05	House	Authored by Representative Ober

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/house/1059/details
Text	http://iga.in.gov/static-documents/a/0/1/3/a013ab73/HB1059.01.INTR.pdf
Text	http://iga.in.gov/static-documents/5/9/a/0/59a04d1b/SB0283.01.INTR.pdf