IN SB0105 | 2011 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 8-5)
Status: Enrolled on April 21 2011 - 75% progression, died in chamber
Action: 2011-04-26 - Senator Randolph added as advisor
Text: Latest bill text (Engrossed) [HTML]

Summary

Provides that a political subdivision may file a petition with the distressed unit appeal board (board) seeking designation of the political subdivision as a distressed political subdivision, based on any one of several failures by the political subdivision to meet its financial obligations. Provides that if the board designates a political subdivision as a distressed political subdivision, the board shall appoint an emergency manager for the distressed political subdivision. Provides that an emergency manager of a distressed political subdivision has broad powers to effect the financial rehabilitation of the distressed political subdivision. Reduces the number of members on the board to three: the director of the office of management and budget, the commissioner of the department of local government finance, and the state examiner of the state board of accounts. Specifies additional circumstances under which the pledge of revenues for the repayment of an obligation creates a statutory lien, and prohibits an issuer from changing the provisions of an obligation without the consent of 100% of the owners of all outstanding obligations.

Tracking Information

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Title

Adjustments of debt of a political subdivision.

Sponsors


Roll Calls

2011-04-21 - House - House - Third reading: passed (Y: 60 N: 36 NV: 0 Abs: 4) [PASS]
2011-04-20 - House - House - Amendment 1 (Leonard), prevailed (Y: 50 N: 41 NV: 4 Abs: 5) [PASS]
2011-04-20 - House - House - Amendment 3 (DeLaney), failed (Y: 34 N: 58 NV: 5 Abs: 3) [FAIL]
2011-04-20 - House - House - Amendment 5 (V. Smith), failed (Y: 32 N: 61 NV: 4 Abs: 3) [FAIL]
2011-02-08 - Senate - Senate - Third reading: passed (Y: 43 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2011-04-26 Senator Randolph added as advisor
2011-04-25 House advisors appointed: Foley, Leonard, Bardon and V. Smith
2011-04-25 House conferees appointed: Soliday and C. Brown
2011-04-25 Senate advisors appointed: Bray, Tallian and Glick
2011-04-25 Senate conferees appointed: Charbonneau and Rogers
2011-04-25 Senate dissented from House amendments
2011-04-21 Returned to the Senate with amendments
2011-04-21 Third reading: passed; Roll Call 620: yeas 60, nays 36
2011-04-20 Amendment 2 (C. Brown), withdrawn
2011-04-20 Reread second time: amended, ordered engrossed
2011-04-20 Amendment 1 (Leonard), prevailed; Roll Call 596: yeas 50, nays 41
2011-04-20 Amendment 3 (DeLaney), failed; Roll Call 595: yeas 34, nays 58
2011-04-20 Amendment 5 (V. Smith), failed; Roll Call 594: yeas 32, nays 61
2011-04-20 Second reading: amended, call withdrawn
2011-04-18 Committee report: amend do pass, adopted
2011-03-30 Reassigned to Committee on Judiciary
2011-03-28 First reading: referred to Committee on Local Government
2011-02-08 Cosponsor: Rep. Foley
2011-02-08 House sponsor: Rep. Soliday
2011-02-08 Referred to the House
2011-02-08 Third reading: passed; Roll Call 93: yeas 43 and nays 6
2011-02-07 Amendment 1 (Rogers), prevailed;
2011-02-07 Amendment 3 (Charbonneau), prevailed;
2011-02-07 Second reading: amended, ordered engrossed
2011-01-27 Senator Broden added as coauthor
2011-01-27 Committee report: amend do pass, adopted
2011-01-24 Senator Glick added as coauthor
2011-01-20 Senator Lanane added as coauthor
2011-01-12 Senator Holdman added as coauthor
2011-01-11 Senators Alting, Head, Hershman, Eckerty and Arnold added as coauthors
2011-01-11 Senator Rogers added as third author
2011-01-11 Senator Bray added as second author
2011-01-11 Senator Randolph added as coauthor
2011-01-05 First reading: referred to Committee on Judiciary
2011-01-05 Authored by Senator Charbonneau

Indiana State Sources

TypeSource
Summaryhttp://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=SB&docno=0105
Texthttp://www.in.gov/legislative/bills/2011/IN/IN0105.1.html
Texthttp://www.in.gov/legislative/bills/2011/SB/SB0105.1.html
Texthttp://www.in.gov/legislative/bills/2011/SB/SB0105.2.html
Texthttp://www.in.gov/legislative/bills/2011/ES/ES0105.1.html
Texthttp://www.in.gov/legislative/bills/2011/ES/ES0105.2.html
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Srollcal/0093.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0594.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0595.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0596.PDF.pdf
Roll Callhttp://www.in.gov/legislative/bills/2011/PDF/Hrollcal/0620.PDF.pdf

Bill Comments

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