Bill Text: IN HB1249 | 2012 | Regular Session | Engrossed

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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-Engrossed.html

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February 24, 2012

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ENGROSSED

HOUSE BILL No. 1249

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DIGEST OF HB 1249 (Updated February 22, 2012 2:05 pm - DI 87)

Citations Affected: Noncode.

Synopsis: Land banks and tax sales process. Urges the legislative council to assign to an existing study committee, for study during the 2012 interim, the following topics: (1) Land banks. (2) Indiana's tax sales process. If the topics are assigned to a study committee, requires the committee to study: (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; and (8) other issues related to land banks and the tax sales process. Provides that the committee expires January 1, 2013.

Effective: Upon passage.

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Clere, Burton , Riecken , Day
(SENATE SPONSORS _ MERRITT, HOLDMAN, BREAUX)

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    January 9, 2012, read first time and referred to Committee on Local Government.
    January 26, 2012, amended, reported _ Do Pass.
    January 30, 2012, read second time, ordered engrossed. Engrossed.
    January 31, 2012, read third time, passed. Yeas 95, nays 0.

SENATE ACTION

    February 1, 2012, read first time and referred to Committee on Local Government.
    February 23, 2012, amended, reported favorably _ Do Pass.

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February 24, 2012

Second Regular Session 117th General Assembly (2012)

PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2011 Regular Session of the General Assembly.

ENGROSSED

HOUSE BILL No. 1249

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    A BILL FOR AN ACT concerning the general assembly.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: ; (12)EH1249.1.1. -->     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 do 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)EH1249.1.2. -->     SECTION 2. An emergency is declared for this act.