Indiana House Bill 1062 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 25 2014 - 100% progression
Action: 2014-03-25 - Signed by the Governor
Text: Latest bill text (Enrolled) [PDF]

Provides that for all political subdivisions, the maximum amount allowed for an operating balance for a debt service fund is 50% of the budget estimate for annual debt service payments from the fund for debt originally incurred before July 1, 2014, including refinanced debt, and 15% on debt originally incurred after June 30, 2014. Permits a school corporation that experiences at least a 10% loss to the school corporation's transportation fund due to circuit breaker credits in 2014, 2015, or 2016 to use a proportional circuit breaker credit allocation for that year. Permits a school corporation that experiences at least a 20% loss to the school corporation's levies due to circuit breaker credits to use debt restructuring by adopting a resolution before January 1, 2019. Specifies that if a taxpayer appearing at the public hearing files a written objection to the proposed restructuring and a sufficient number of people request a petition and remonstrance process, the bonds may not be issued unless more petitioners than remonstrators sign the petition.

Local government finance.

Rep. Todd Huston [R]	Rep. Terry Goodin [D]	Rep. Edward Clere [R]	Rep. Sue Errington [D]
Sen. Patricia Miller [R]	Sen. James Merritt [R]	Sen. Timothy Lanane [D]

2014-03-13 - Senate - Senate - Conference Committee Report 1 adopted (Y: 47 N: 1 NV: 0 Abs: 2) [PASS]
2014-03-13 - House - House - Rules Suspended. Conference Committee Report 1 adopted (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-27 - Senate - Senate Floor - (Y: 49 N: 0 NV: 0 Abs: 1) [PASS]
2014-02-20 - Senate - Senate Committee on Appropriations - Roll Call 106202 (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-30 - House - House - Third reading: Passed: (Y: 94 N: 0 NV: 2 Abs: 4) [PASS]
2014-01-23 - House - House Committee on Ways and Means - Roll Call 106201 (Y: 21 N: 0 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2014-03-25	House	Signed by the Governor
2014-03-25	House	Public Law 120
2014-03-18	Senate	Signed by the President of the Senate
2014-03-14	House	Signed by the Speaker
2014-03-14	Senate	Signed by the President Pro Tempore
2014-03-13	House	Rules Suspended. Conference Committee Report 1 adopted; Roll Call 496: yeas 100 and nays 0
2014-03-13	Senate	Rules Suspended. Conference Committee Report 1 adopted; Roll Call 451: yeas 47 and nays 1
2014-03-04	Senate	Senator Bray added as advisor
2014-03-04	Senate	Senator Head added as advisor
2014-03-04	Senate	Senator Lanane added as advisor
2014-03-04	Senate	Senator Mishler added as advisor
2014-03-04	Senate	Senator Skinner added as conferee
2014-03-04	Senate	Senator Pete Miller added as conferee
2014-03-04	House	Representative Goodin added as advisor
2014-03-04	House	Representative Karickhoff added as advisor
2014-03-04	House	Representative Thompson added as advisor
2014-03-04	House	Representative Errington added as conferee
2014-03-04	House	Representative Huston added as conferee
2014-03-04	House	House dissented from Senate Amendments
2014-02-27	Senate	Returned to the House with amendments
2014-02-27	Senate	Third reading: Passed: Roll Call 253: yeas 49 and nays 0
2014-02-27	Senate	Senator Merritt added as cosponsor.
2014-02-25	Senate	Second reading: amended, ordered engrossed.
2014-02-25	Senate	HB 1062 Amendment #4 (Kenley), prevailed.
2014-02-25	Senate	HB 1062 Amendment #3 (Miller, Pat), prevailed.
2014-02-20	Senate	Senator Lanane added as cosponsor.
2014-02-20	Senate	Committee report: amend do pass, adopted.
2014-02-20	Senate	Senator Pat Miller added as cosponsor.
2014-02-18	Senate	Senator Head added third sponsor.
2014-02-18	Senate	Senator Mishler added second sponsor.
2014-02-04	Senate	First Reading: Referred to Appropriations
2014-01-30	House	Senator Pete Miller added as sponsor.
2014-01-30	House	Referred to the Senate
2014-01-30	House	Third reading: Passed: Roll Call 127: yeas 94 and nays 0
2014-01-29	House	Second reading: engrossed
2014-01-27	House	Committee report: do pass amend, adopted.
2014-01-15	House	Representative Goodin added as coauthor.
2014-01-09	House	First Reading: Referred to Ways and Means
2014-01-09	House	Authored by Representative Huston.
2014-01-09	House	Coauthored by Representatives Clere, Errington

Type	Source
Summary	https://iga.in.gov/legislative/2014/bills/house/1062/details
Text	http://iga.in.gov/static-documents/1/3/a/5/13a5d825/HB1062.01.INTR.pdf
Text	http://iga.in.gov/static-documents/7/4/1/3/74137acd/HB1062.02.COMH.pdf
Text	http://iga.in.gov/static-documents/6/4/0/c/640c7e5a/HB1062.01.INTR.pdf
Text	http://iga.in.gov/static-documents/4/4/9/2/44925139/HB1062.02.COMH.pdf
Text	http://iga.in.gov/static-documents/2/2/0/9/220983bf/HB1062.03.COMS.pdf
Text	http://iga.in.gov/static-documents/2/b/b/f/2bbf175f/HB1062.03.COMS.pdf
Text	http://iga.in.gov/static-documents/c/f/9/3/cf935dbc/HB1062.04.ENGS.pdf
Text	http://iga.in.gov/static-documents/d/a/a/a/daaa0df0/HB1062.04.ENGS.pdf
Text	http://iga.in.gov/static-documents/3/e/7/3/3e737c8d/HB1062.05.ENRH.pdf
Roll Call	http://iga.in.gov/static-documents/a/8/2/f/a82fd52d/HB1062.01.INTR.pdf
Roll Call	http://iga.in.gov/static-documents/c/4/4/a/c44a9dac/HB1062.02.COMH.127.pdf
Roll Call	http://iga.in.gov/static-documents/5/6/4/f/564f6d13/HB1062.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/0/4/d/1/04d1059e/HB1062.04.ENGS.253.pdf
Roll Call	http://iga.in.gov/static-documents/4/8/6/1/4861fc04/HB1062.04.ENGS.496.pdf
Roll Call	http://iga.in.gov/static-documents/0/f/7/0/0f70b65c/HB1062.04.ENGS.451.pdf