IN HJR0002 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2014 - 25% progression, died in committee
Action: 2014-01-09 - Authored by Representative Dvorak.
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishes the Permanent Fund (fund) in the state treasury. Provides that the fund consists of: (1) 50% or such other greater percentage established by law of any general fund budget surplus realized during a state fiscal year; (2) appropriations made to the fund; and (3) other sources designated by law. Provides that income from investment of money in the fund shall be deposited in the state general fund. Provides that the principal of the fund may be used only for those investments specifically designated by law as eligible for investment from the fund.

Tracking Information

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Title

Indiana Permanent Fund.

Sponsors


History

DateChamberAction
2014-01-09HouseAuthored by Representative Dvorak.
2014-01-09HouseFirst Reading: Referred to Judiciary

Indiana State Sources


Bill Comments

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