Indiana House Bill 1108 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2016 - 25% progression, died in chamber
Action: 2016-01-07 - Withdrawn
Text: Latest bill text (Introduced) [PDF]

Financing of improvements for Carroll Stadium. Provides that Indiana University may issue and sell bonds to acquire, erect, construct, reconstruct, improve, rehabilitate, remodel, repair, complete, extend, or enlarge capital improvements at the Michael A. Carroll Track and Soccer Stadium (stadium). Specifies that the principal costs of the bonds issued (excluding amounts necessary to provide money for debt service reserves, credit enhancement, or other costs incidental to the issuance of the bonds) may not exceed $20,000,000. Provides that the bonds may not be issued unless: (1) the bond issuance has been reviewed by the budget committee; (2) the director of the

Financing of improvements for Carroll Stadium. Provides that Indiana University may issue and sell bonds to acquire, erect, construct, reconstruct, improve, rehabilitate, remodel, repair, complete, extend, or enlarge capital improvements at the Michael A. Carroll Track and Soccer Stadium (stadium). Specifies that the principal costs of the bonds issued (excluding amounts necessary to provide money for debt service reserves, credit enhancement, or other costs incidental to the issuance of the bonds) may not exceed $20,000,000. Provides that the bonds may not be issued unless: (1) the bond issuance has been reviewed by the budget committee; (2) the director of the

Rep. Todd Huston [R]

Date	Chamber	Action
2016-01-07	House	Withdrawn
2016-01-07	House	First reading: referred to Committee on Ways and Means
2016-01-07	House	Authored by Representative Huston

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/house/1108/details
Text	http://iga.in.gov/static-documents/2/f/a/e/2faea54d/HB1108.01.INTR.pdf