IN SB0163 | 2014 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 7-4)
Status: Engrossed on January 28 2014 - 50% progression, died in chamber
Action: 2014-02-17 - Representative Errington added as cosponsor.
Text: Latest bill text (Amended) [PDF]

Summary

Provides that for all taxing units, the maximum amount allowed for an operating balance for a debt service fund is 50% for 2015 through 2018 of the budget estimate for annual debt service payments from the fund for debt originally incurred before July 1, 2014, and 10% on debt originally incurred after June 30, 2014, and for all debt after 2018. Permits a school corporation that experiences at least a 20% loss to the school corporation's transportation fund due to circuit breaker credits in 2014, 2015, or 2016 to use a proportional circuit breaker credit allocation for that year.

Tracking Information

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Title

Property taxes.

Sponsors


Roll Calls

2014-01-28 - Senate - Senate Floor - (Y: 49 N: 0 NV: 0 Abs: 1) [PASS]
2014-01-23 - Senate - Senate Committee on Appropriations - Roll Call 016301 (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-02-17HouseRepresentative Errington added as cosponsor.
2014-02-10HouseFirst Reading: Referred to Ways and Means
2014-01-30SenateSenator Banks added as second author.
2014-01-28SenateRepresentative Friend added as sponsor.
2014-01-28SenateReferred to the House
2014-01-28SenateThird reading: Passed: Roll Call 66: yeas 49 and nays 0
2014-01-28SenateSenator Crider added as coauthor.
2014-01-28SenateSenator Eckerty added as coauthor.
2014-01-28SenateSenator Tallian added as coauthor.
2014-01-27SenateSecond reading: engrossed
2014-01-27SenateSenator Pat Miller added as coauthor.
2014-01-23SenateSenator Mishler added as coauthor.
2014-01-23SenateSenator Skinner added as coauthor.
2014-01-23SenateSenator Lanane added as coauthor.
2014-01-23SenateSenator Zakas added as third author.
2014-01-23SenateCommittee report: do pass amend, adopted.
2014-01-23SenateSenator Charbonneau added as second author.
2014-01-08SenateFirst Reading: Referred to Appropriations
2014-01-08SenateAuthored by Senator Head

Indiana State Sources


Bill Comments

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