IN HB1154 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2018 - 25% progression, died in committee
Action: 2018-01-08 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Park and recreation districts in annexed territory. Provides that the fiscal officer for a park and recreation district (district) containing territory that a municipality annexes or has annexed shall semiannually transfer to the annexing municipality's parks and recreation department (department) one-half of the property tax revenue attributable to property taxes imposed by the district on property that is within the annexed territory and that was annexed after June 1, 1976, and before March 4, 1988. Establishes a schedule for the fiscal officer for the district in the annexed territory to make the semiannual property tax transfers to the annexing municipality's

Tracking Information

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Title

Park and recreation districts in annexed territory. Provides that the fiscal officer for a park and recreation district (district) containing territory that a municipality annexes or has annexed shall semiannually transfer to the annexing municipality's parks and recreation department (department) one-half of the property tax revenue attributable to property taxes imposed by the district on property that is within the annexed territory and that was annexed after June 1, 1976, and before March 4, 1988. Establishes a schedule for the fiscal officer for the district in the annexed territory to make the semiannual property tax transfers to the annexing municipality's

Sponsors


History

DateChamberAction
2018-01-08HouseFirst reading: referred to Committee on Ways and Means
2018-01-08HouseAuthored by Representative Heine

Indiana State Sources


Bill Comments

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