IN SB0196 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 25 2017 - 100% progression
Action: 2017-04-25 - Public Law 167
Text: Latest bill text (Enrolled) [PDF]

Summary

School debt service obligations. Provides the following for purposes of the school bond payment intercept statute: (1) The term "debt service obligations" also includes principal and interest payable to a school corporation's designated paying agent under a written agreement entered into in connection with the issuance of a school corporation's general obligation bonds. (2) Upon being notified of a school corporation's failure to pay debt service obligations when due, the treasurer of state shall within five days pay the unpaid debt service obligations that are due from state funds, in an amount equal to the amount of the unpaid debt

Tracking Information

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Title

School debt service obligations. Provides the following for purposes of the school bond payment intercept statute: (1) The term "debt service obligations" also includes principal and interest payable to a school corporation's designated paying agent under a written agreement entered into in connection with the issuance of a school corporation's general obligation bonds. (2) Upon being notified of a school corporation's failure to pay debt service obligations when due, the treasurer of state shall within five days pay the unpaid debt service obligations that are due from state funds, in an amount equal to the amount of the unpaid debt

Sponsors


Roll Calls

2017-04-17 - Senate - Senate - Senate concurred in House Amendments (Y: 45 N: 0 NV: 5 Abs: 0) [PASS]
2017-04-06 - House - House - Third reading (Y: 96 N: 0 NV: 1 Abs: 3) [PASS]
2017-04-03 - House - House - Committee Vote (Y: 20 N: 0 NV: 0 Abs: 4) [PASS]
2017-02-28 - Senate - Senate - Third reading (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-23 - Senate - Senate - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2017-04-25SenatePublic Law 167
2017-04-25SenateSigned by the Governor
2017-04-25SenateSigned by the President of the Senate
2017-04-21HouseSigned by the Speaker
2017-04-21SenateSigned by the President Pro Tempore
2017-04-17SenateSenate concurred in House Amendments; Roll Call 473: yeas 45, nays 0
2017-04-12SenateMotion to concur filed
2017-04-07HouseReturned to the Senate with amendments
2017-04-06HouseThird reading: passed; Roll Call 408: yeas 96, nays 0
2017-04-05HouseSecond reading: ordered engrossed
2017-04-03HouseCommittee report: amend do pass, adopted
2017-03-20HouseRepresentative Candelaria Reardon added as cosponsor
2017-03-06HouseRepresentative Huston added as cosponsor
2017-03-06HouseFirst reading: referred to Committee on Ways and Means
2017-03-01SenateReferred to the House
2017-02-28SenateSenator Zakas added as coauthor
2017-02-28SenateSenator Randolph added as coauthor
2017-02-28SenateSenator Mishler added as second author
2017-02-28SenateCosponsor: Representative Goodin
2017-02-28SenateHouse sponsor: Representative Brown T
2017-02-28SenateThird reading: passed; Roll Call 217: yeas 50, nays 0
2017-02-27SenateSenator Melton added as coauthor
2017-02-27SenateSecond reading: ordered engrossed
2017-02-23SenateCommittee report: amend do pass, adopted
2017-02-20SenateSenator Kenley added as author
2017-02-20SenateSenator Long removed as author
2017-02-20SenateCommittee report: amend do pass adopted; reassigned to Committee on Appropriations
2017-01-04SenateFirst reading: referred to Committee on Rules and Legislative Procedure
2017-01-04SenateAuthored by Senator Long

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2017/bills/senate/196/details
Texthttp://iga.in.gov/static-documents/c/1/8/1/c181e7c4/SB0196.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/6/a/9/c/6a9c257d/SB0196.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/4/0/7/7/407738df/SB0196.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/1/e/1/2/1e129abf/SB0196.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/f/9/b/6/f9b6bea5/SB0196.03.COMS.pdf
Texthttp://iga.in.gov/static-documents/2/0/f/a/20fab2ef/SB0196.03.COMS.pdf
Texthttp://iga.in.gov/static-documents/8/d/1/b/8d1b8ad9/SB0196.04.COMH.pdf
Texthttp://iga.in.gov/static-documents/2/b/9/1/2b91f7bb/SB0196.04.COMH.pdf
Texthttp://iga.in.gov/static-documents/b/8/f/a/b8fa9506/SB0196.05.ENRH.pdf
Roll Callhttp://iga.in.gov/static-documents/d/5/2/6/d526128f/SB0196.02.COMS.00.pdf
Roll Callhttp://iga.in.gov/static-documents/4/6/b/0/46b0d213/SB0196.217.pdf
Roll Callhttp://iga.in.gov/static-documents/4/1/b/c/41bcd40a/SB0196.03.COMS.00.pdf
Roll Callhttp://iga.in.gov/static-documents/5/c/8/5/5c85cb73/SB0196.408.pdf
Roll Callhttp://iga.in.gov/static-documents/1/f/5/f/1f5f9e7e/SB0196.473.pdf

Bill Comments

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