HOUSE BILL No. 2007
DIGEST OF INTRODUCED BILL
Citations Affected: None (noncode).
Synopsis: Local infrastructure revolving fund. Appropriates
$20,000,000 to the local infrastructure revolving fund to be used to
provide loans associated with a project under the state infrastructure
Effective: July 1, 2001.
January 17, 2001, read first time and referred to Committee on Ways and Means.
First Regular Session 112th General Assembly (2001)
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HOUSE BILL No. 2007
A BILL FOR AN ACT concerning local government finance and to
make an appropriation.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: ; (01)IN2007.1.1. -->
SECTION 1. [EFFECTIVE JULY 1, 2001] (a) There is
appropriated to the local infrastructure revolving fund under
twenty million dollars ($20,000,000) from the state
general fund to be used to provide loans associated with a project
under Section 350 of the National Highway System Act of 1995,
Public Law 104-59, or subsequent laws authorizing the state
infrastructure bank program. The money appropriated by this
SECTION is appropriated for the period beginning July 1, 2001,
and ending June 30, 2003.
(b) The money appropriated by this SECTION does not revert
to the state general fund at the end of a state fiscal year.
(c) This SECTION expires July 1, 2003.