Indiana House Bill 1247 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-01-12 - First reading: referred to Committee on Education
Pending: House Education Committee
Text: Latest bill text (Introduced) [HTML]

Authorizes a school corporation to adopt a school impact fee resolution that imposes an impact fee on new residential development. Provides that a school corporation may not adopt an impact fee unless the school corporation's capital projects plan includes the following components: (1) Projected school capacity needs for the current year and for not less than the succeeding four year period. (2) Estimated capital costs for the additional capacity needs. (3) Identification and general description of each project. (4) The estimated total cost of each project. (5) Identification of all sources of funds expected to be used for each project. (6) The planning, development, and construction schedule of each project. Provides that a school impact fee is equal to the lesser of: (1) the proportionate share of costs incurred or to be incurred by a school corporation to provide school infrastructure that is required by, necessitated by, or needed to serve the new residential development, minus the sum of any nonlocal revenues, taxes, and charges that the fee payer and future owners of the development will pay for use of the school infrastructure; or (2) an amount equal to: (A) $1,000 for a each single family unit; (B) $750 for each multiple family unit containing four or fewer family units; or (C) $500 for each multiple family unit containing more than four (4) family units.

Impact fees for schools.

Rep. Robert Cherry [R]

Date	Chamber	Action
2011-01-12		First reading: referred to Committee on Education
2011-01-12		Authored by Representative Cherry

Type	Source
Summary	http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=HB&docno=1247
Text	http://www.in.gov/legislative/bills/2011/IN/IN1247.1.html