Indiana House Bill 1403 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2017-01-17 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Assessment of outdoor advertising signs. Eliminates the expiration date of the law specifying the assessed values of outdoor signs. Provides that, beginning with the 2018 assessment date, the assessed values of outdoor signs specified in the statute shall be adjusted on a quadrennial basis by an amount equal to the average of the annual percentage changes in the Core Personal Consumption Expenditures Price Index using the four most recent calendar years for which data is available. Provides that the adjustment may not exceed 3%.

Assessment of outdoor advertising signs. Eliminates the expiration date of the law specifying the assessed values of outdoor signs. Provides that, beginning with the 2018 assessment date, the assessed values of outdoor signs specified in the statute shall be adjusted on a quadrennial basis by an amount equal to the average of the annual percentage changes in the Core Personal Consumption Expenditures Price Index using the four most recent calendar years for which data is available. Provides that the adjustment may not exceed 3%.

Rep. Robert Cherry [R]

Date	Chamber	Action
2017-01-17	House	First reading: referred to Committee on Ways and Means
2017-01-17	House	Authored by Representative Cherry

Type	Source
Summary	https://iga.in.gov/legislative/2017/bills/house/1403/details
Text	http://iga.in.gov/static-documents/c/c/5/6/cc56d7af/HB1403.01.INTR.pdf