IN SB0070 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2014 - 25% progression, died in committee
Action: 2014-01-07 - First Reading: Referred to Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 7 2014 - 25% progression, died in committee
Action: 2014-01-07 - First Reading: Referred to Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides that for all taxing units, the maximum amount allowed for an operating balance for a debt service fund is 10% of the budget estimate for the annual debt service payments from the fund for debt incurred after June 30, 2014, and 50% of the budget estimate for debt incurred before July 1, 2014.
Title
Debt service funds.
Sponsors
| Sen. Pete Miller [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-07 | Senate | First Reading: Referred to Tax and Fiscal Policy |
| 2014-01-07 | Senate | Authored by Senator Miller Pete |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2014/bills/senate/70/details |
| Text | http://iga.in.gov/static-documents/7/6/f/6/76f690e1/SB0070.01.INTR.pdf |
