IN HB1451 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 15 2019 - 25% progression, died in committee
Action: 2019-01-15 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Circuit breaker replacement grants. Provides for grants to public libraries in Lake County and St. Joseph County to replace revenue lost to those public libraries from the application of the circuit breaker credit after December 31, 2019. Specifies that a public library is entitled to such a grant in a particular year only if it expects to lose more than 1% of its property tax revenue because of the application of the circuit breaker credits. Appropriates from the state general fund the amounts necessary to make the required grant payments.

Tracking Information

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Title

Circuit breaker replacement grants. Provides for grants to public libraries in Lake County and St. Joseph County to replace revenue lost to those public libraries from the application of the circuit breaker credit after December 31, 2019. Specifies that a public library is entitled to such a grant in a particular year only if it expects to lose more than 1% of its property tax revenue because of the application of the circuit breaker credits. Appropriates from the state general fund the amounts necessary to make the required grant payments.

Sponsors


History

DateChamberAction
2019-01-15HouseFirst reading: referred to Committee on Ways and Means
2019-01-15HouseAuthored by Representative Beck

Indiana State Sources


Bill Comments

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