Indiana House Bill 1160 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2019 - 25% progression, died in committee
Action: 2019-01-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Foundation to support the Indiana Veterans' Home. Allows the Indiana department of veterans' affairs to establish a foundation that is a nonprofit corporation exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. Provides that the foundation may accept private funding, gifts, donations, and bequests. Requires the foundation to use any money received to support the Indiana Veterans' Home and to carry out purposes and programs related to the Indiana Veterans' Home. Requires an annual audit of the foundation by the state board of accounts.

Foundation to support the Indiana Veterans' Home. Allows the Indiana department of veterans' affairs to establish a foundation that is a nonprofit corporation exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. Provides that the foundation may accept private funding, gifts, donations, and bequests. Requires the foundation to use any money received to support the Indiana Veterans' Home and to carry out purposes and programs related to the Indiana Veterans' Home. Requires an annual audit of the foundation by the state board of accounts.

Rep. Sheila Klinker [D]

Date	Chamber	Action
2019-01-07	House	First reading: referred to Committee on Ways and Means
2019-01-07	House	Authored by Representative Klinker

Type	Source
Summary	https://iga.in.gov/legislative/2019/bills/house/1160/details
Text	http://iga.in.gov/static-documents/b/1/c/f/b1cfa74d/HB1160.01.INTR.pdf