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Bill Title: Financing of flood control improvements. Authorizes certain redevelopment commissions (commissions), following a written recommendation from the board of public works and approval of the legislative body, to adopt an ordinance designating an area as a flood control improvement district (district) to capture incremental property tax revenue within the district to be used for the construction, replacement, repair, maintenance, or improvement of flood control works. Provides that only special flood hazard property may be included within the boundaries of a district. Defines "special flood hazard property" as property that on January 1, 2018, is situated in a special flood hazard area

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2018-01-16 - First reading: referred to Committee on Ways and Means [HB1391 Detail]

Download: Indiana-2018-HB1391-Introduced.pdf

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