Bill Text: IN SB0386 | 2018 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Financing of flood control improvements. Authorizes the Indianapolis metropolitan development commission (commission), 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
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-13 - Public Law 61 [SB0386 Detail]
Download: Indiana-2018-SB0386-Introduced.pdf
Bill Title: Financing of flood control improvements. Authorizes the Indianapolis metropolitan development commission (commission), 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
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-13 - Public Law 61 [SB0386 Detail]
Download: Indiana-2018-SB0386-Introduced.pdf
