Bill Text: IN HB1249 | 2012 | Regular Session | Enrolled
Bill Title: Land banks and tax sales process.
Spectrum: Bipartisan Bill
Status: (Enrolled - Dead) 2012-03-16 - Signed by the Governor [HB1249 Detail]
Download: Indiana-2012-HB1249-Enrolled.html
Second Regular Session 117th General Assembly (2012)
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HOUSE ENROLLED ACT No. 1249
AN ACT concerning the general assembly.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: ; (12)HE1249.1.1. -->
SECTION 1. [EFFECTIVE UPON PASSAGE] (a) The general
assembly urges the legislative council to assign to an existing study
committee, for study during the 2012 legislative interim, the
following topics:
(1) Land banks.
(2) Indiana's tax sales process.
(b) If the topic is assigned to an existing study committee under subsection (a), the study committee shall study the following:
(1) The use and effectiveness of Indiana's current land bank statute.
(2) Issues relating to creation of land banks at the municipal level, as opposed to the county level.
(3) The implications that land banks would have for Indiana's current tax sale process.
(4) The effect of Indiana's current tax sale process on the disposition of vacant and abandoned property.
(5) The effect that creation of municipal land banks would have for local revenues.
(6) Land bank issues unique to Marion County.
(7) Reducing the amount of time needed to complete the tax sales process.
(8) Other issues related to land banks and the tax sales
(1) Land banks.
(2) Indiana's tax sales process.
(b) If the topic is assigned to an existing study committee under subsection (a), the study committee shall study the following:
(1) The use and effectiveness of Indiana's current land bank statute.
(2) Issues relating to creation of land banks at the municipal level, as opposed to the county level.
(3) The implications that land banks would have for Indiana's current tax sale process.
(4) The effect of Indiana's current tax sale process on the disposition of vacant and abandoned property.
(5) The effect that creation of municipal land banks would have for local revenues.
(6) Land bank issues unique to Marion County.
(7) Reducing the amount of time needed to complete the tax sales process.
(8) Other issues related to land banks and the tax sales
process.
(c) This SECTION expires January 1, 2013.
SOURCE: ; (12)HE1249.1.2. -->
SECTION 2. An emergency is declared for this act.
HEA 1249 _ Concur
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