IN HB1391 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2019 - 25% progression, died in committee
Action: 2019-01-14 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2019 - 25% progression, died in committee
Action: 2019-01-14 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Controlled projects. Provides that the term "controlled project" in the statute applicable to the issuing of bonds and other evidences of indebtedness by political subdivisions does not include: (1) an infrastructure project; or (2) a project for the construction of a data center. Increases from $25,000,000 to $50,000,000 the aggregate limit of costs of controlled projects for any 365 day period above which a political subdivision is required to conduct a referendum for additional proposed controlled projects.
Title
Controlled projects. Provides that the term "controlled project" in the statute applicable to the issuing of bonds and other evidences of indebtedness by political subdivisions does not include: (1) an infrastructure project; or (2) a project for the construction of a data center. Increases from $25,000,000 to $50,000,000 the aggregate limit of costs of controlled projects for any 365 day period above which a political subdivision is required to conduct a referendum for additional proposed controlled projects.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-01-14 | House | First reading: referred to Committee on Ways and Means |
2019-01-14 | House | Authored by Representative Goodrich |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2019/bills/house/1391/details |
Text | http://iga.in.gov/static-documents/9/b/a/9/9ba953cc/HB1391.01.INTR.pdf |