IN HB1524 | 2011 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 20 2011 - 25% progression, died in committee
Action: 2011-02-15 - Representative Dembowski added as coauthor
Pending: House Local Government Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Removes the requirement that when a political subdivision sells or leases surplus real property, the appraisers must make a joint appraisal. Provides that the disposing agent may sell or lease the surplus real property for a value that is less than 90% of the average of the two appraisals only after holding a public hearing. (Under current law, the disposing agent may sell or lease the property for less than 90% of the appraised value only after publishing an additional notice of sale.) Provides that in the case of a sale to promote an economic development project or to facilitate land use planning, real property may not be sold for less than the average of the two appraisals without a hearing.

Tracking Information

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Title

Real property disposal by a political subdivision.

Sponsors


History

DateChamberAction
2011-02-15 Representative Dembowski added as coauthor
2011-01-20 First reading: referred to Committee on Local Government
2011-01-20 Authored by Representative Steuerwald

Indiana State Sources


Bill Comments

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