Roll Call: IN SB0346 | 2017 | Regular Session
For additional roll call votes on Indiana SB0346 please see the Vote List
Bill Title: Donation of certain local funds to a foundation. Provides that when a county, municipality, or township (unit) donates the proceeds of the sale of a utility or a facility, or the amount of a gift, to a foundation, the unit and the foundation may agree that distribution of the proceeds is governed by the Uniform Prudent Management of Institutional Funds Act (IC 30-2-12). Provides that this authority applies only to the donation of proceeds that occurs after December 31, 2015. Provides that department of local government finance may not reduce a unit's property tax levy because of: (1) the donation
Spectrum: Slight Partisan Bill (Republican 6-2)
Status: (Passed) 2017-04-21 - Public Law 114 [SB0346 Detail]
Text: Latest bill text (Enrolled) [PDF]
Bill Title: Donation of certain local funds to a foundation. Provides that when a county, municipality, or township (unit) donates the proceeds of the sale of a utility or a facility, or the amount of a gift, to a foundation, the unit and the foundation may agree that distribution of the proceeds is governed by the Uniform Prudent Management of Institutional Funds Act (IC 30-2-12). Provides that this authority applies only to the donation of proceeds that occurs after December 31, 2015. Provides that department of local government finance may not reduce a unit's property tax levy because of: (1) the donation
Spectrum: Slight Partisan Bill (Republican 6-2)
Status: (Passed) 2017-04-21 - Public Law 114 [SB0346 Detail]
Text: Latest bill text (Enrolled) [PDF]
Vote: Senate - Senate concurred in House Amendments
| Vote | Tally | Democrat | Republican |
|---|---|---|---|
| Yea | 49 | 9 | 40 |
| Nay | - | - | - |
| Not Voting | - | - | - |
| Absent | 1 | - | 1 |
| TOTAL | 50 | 9 | 41 |
