IN SB0260 | 2011 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on February 22 2011 - 50% progression, died in committee
Action: 2011-03-28 - First reading: referred to Committee on Local Government
Pending: House Local Government Committee
Text: Latest bill text (Amended) [HTML]

Summary

Allows the legislative body of a unit (other than a township) to establish a clean energy improvement financing program to fund clean energy improvements for voluntary participants in the program. Requires financing to come from private equity or federal grants or loans. Prohibits the legislative body from issuing bonds to finance clean energy improvements. Provides that the payment period of a special assessment on a participating property may not exceed the useful life of the clean energy improvement. Provides that assessments are: (1) billed and collected in the same manner as property taxes; and (2) enforced as a lien subject to all liens and encumbrances existing on the property on the date of the initial assessment.

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

Clean energy improvement financing district.

Sponsors


Roll Calls

2011-02-22 - Senate - Senate - Third reading: passed (Y: 42 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2011-03-28 First reading: referred to Committee on Local Government
2011-02-22 House sponsor: Rep. Lutz
2011-02-22 Referred to the House
2011-02-22 Third reading: passed; Roll Call 225: yeas 42 and nays 7
2011-02-21 Amendment 5 (Holdman), prevailed;
2011-02-21 Second reading: amended, ordered engrossed
2011-02-14 Senator Randolph added as coauthor
2011-02-14 Senator Gard added as second author
2011-02-14 Senator Gard removed as coauthor
2011-02-07 Committee report: amend do pass, adopted
2011-02-03 Senators Breaux and R. Young added as coauthors
2011-01-24 Senator Gard added as coauthor
2011-01-20 Senator Merritt added as first author
2011-01-20 Senator Long removed as first author
2011-01-20 Committee report: amended, reassigned to Committee on Utilities & Technology
2011-01-06 First reading: referred to Committee on Rules and Legislative Procedure
2011-01-06 Authored by Senator Long

Indiana State Sources


Bill Comments

feedback