Bill Sponsors: IN HB1505 | 2017 | Regular Session

Bill Title: Assessments to repay loans for drain construction. Provides that the drainage board of a county may not impose interest on a drainage assessment for construction or reconstruction if the construction or reconstruction is financed through the issuance of bonds or a construction loan. Specifies accounting procedures for drainage assessment construction or reconstruction loans having a term of fewer than six years.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2017-01-18 - First reading: referred to Committee on Ways and Means [HB1505 Detail]

Text: Latest bill text (Introduced) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Thomas Saunders [R]PrimarySponsored BillsHD-054FollowTheMoneyBallotpediaVoteSmart
Representative Robert Cherry [R]CosponsorSponsored BillsHD-053FollowTheMoneyBallotpediaVoteSmart

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