Bill Title: Federal fund exchange program. Amends the federal fund exchange program as follows: (1) Requires the department of transportation (department) to make available to eligible entities at least 25% of federal funding received by the department. (2) Allocates the federal funds to eligible entities under the local road and street distribution formula. (3) Allows eligible entities to exchange federal funds for state funds at a rate of $0.90 for $1. (4) Requires an eligible entity to establish a federal exchange fund to receive state funds exchanged through the federal fund exchange program.

Sponsorship: Partisan Bill (Republican 2)

Status: (Introduced - Dead) 2016-01-12 - First reading: referred to Committee on Roads and Transportation [HB1317 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2016-01-12	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1317

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1317 currently on file.