IN SB0156 | 2014 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on February 3 2014 - 50% progression, died in committee
Action: 2014-02-10 - First Reading: Referred to Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]

Summary

Provides that a redevelopment commission may, subject to prior approval by the unit's fiscal body, provide financial assistance to the owner of commercial property within a redevelopment project area or economic development area designated by the redevelopment commission to assist the owner in constructing, rehabilitating, or repairing the commercial property. Provides that the additional authority for a redevelopment commission to provide such financial assistance expires July 1, 2019. Specifies that the fiscal body of the unit that established the redevelopment commission must separately approve each grant, loan, or other expenditure for such financial assistance. Provides that the terms of any loan made under the provisions in the bill may be changed only if the change is approved by the fiscal body of the unit that established the redevelopment commission. Specifies that these provisions do not apply to Clark County or to a redevelopment commission in Clark County. Specifies the procedure for fiscal body approval under these provisions in the case of a redevelopment commission that was jointly established by more than one unit.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Redevelopment commissions.

Sponsors


Roll Calls

2014-02-03 - Senate - Senate - Third reading: Passed: (Y: 44 N: 4 NV: 0 Abs: 2) [PASS]
2014-01-21 - Senate - Senate Committee on Tax and Fiscal Policy - Roll Call 015601 (Y: 8 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-02-10HouseFirst Reading: Referred to Ways and Means
2014-02-03SenateRepresentative Wolkins added sponsor.
2014-02-03SenateReferred to the House
2014-02-03SenateThird reading: Passed: Roll Call 103: yeas 44 and nays 4
2014-02-03SenateSenator Randolph added as coauthor.
2014-01-30SenateSecond reading: amended, ordered engrossed
2014-01-30SenateSB 156 Amendment #1 (Head), prevailed.
2014-01-30SenateSB 156 Amendment #4 (Head), prevailed.
2014-01-23SenateSenator Broden removed as second author.
2014-01-23SenateSenator Buck added as second author.
2014-01-23SenateSenator Broden added as coauthor.
2014-01-23SenateCommittee report; amend do pass; adopted
2014-01-15SenateSenator Broden added as second author.
2014-01-08SenateFirst Reading: Referred to Tax and Fiscal Policy
2014-01-08SenateAuthored by Senator Head

Indiana State Sources


Bill Comments

feedback