IN HB1355 | 2017 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 12 2017 - 25% progression, died in committee
Action: 2017-01-23 - Representative Bauer added as coauthor
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Circuit breaker property tax grants. Provides a grant to school corporations that have their transportation fund levies reduced by more than 40% because of the application of circuit breaker credits. Specifies that the amount of a grant is equal to the amount of circuit breaker credits granted against the school corporation's transportation fund levy for the year. Appropriates from the state general fund the amounts necessary to make the grants. Sunsets the law on July 1, 2021.

Tracking Information

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Title

Circuit breaker property tax grants. Provides a grant to school corporations that have their transportation fund levies reduced by more than 40% because of the application of circuit breaker credits. Specifies that the amount of a grant is equal to the amount of circuit breaker credits granted against the school corporation's transportation fund levy for the year. Appropriates from the state general fund the amounts necessary to make the grants. Sunsets the law on July 1, 2021.

Sponsors


History

DateChamberAction
2017-01-23HouseRepresentative Bauer added as coauthor
2017-01-18HouseRepresentative Karickhoff added as coauthor
2017-01-12HouseFirst reading: referred to Committee on Ways and Means
2017-01-12HouseAuthored by Representative Errington

Indiana State Sources


Bill Comments

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