Reprinted

February 26, 2002





ENGROSSED

SENATE BILL No. 19

_____


DIGEST OF SB 19 (Updated February 25, 2002 7:13 PM - DI 103)



Citations Affected: Noncode.

Synopsis: Property tax exemption for religious property. Establishes an interim study committee to study tax exemptions granted to exempt organizations.

Effective: Upon passage.





Zakas, Riegsecker, Craycraft, Adams K, Alting, Simpson, Jackman, Hershman, Miller, Broden, Long, Paul, Weatherwax
(HOUSE SPONSORS _ BAUER, BURTON, ALDERMAN, KUZMAN)




    November 20, 2001, read first time and referred to Committee on Governmental and Regulatory Affairs.
    January 31, 2002, amended, reported favorably _ Do Pass.
    February 4, 2002, read second time, amended, ordered engrossed.
    February 5, 2002, engrossed. Read third time, passed. Yeas 48, nays 0.

HOUSE ACTION

    February 11, 2002, read first time and referred to Committee on Ways and Means.
    February 21, 2002, amended, reported _ Do Pass.
    February 25, 2002, read second time, amended, ordered engrossed.





Reprinted

February 26, 2002

Second Regular Session 112th General Assembly (2002)


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 2001 General Assembly.


ENGROSSED

SENATE BILL No. 19



    A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

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

    SECTION 1. [EFFECTIVE UPON PASSAGE] (a) As used in this SECTION, "committee" refers to the interim study committee on the assessment of property owned by educational, religious, and other nonprofit organizations.
    (b) There is established the interim study committee on the assessment of property owned by educational, religious, and other nonprofit organizations. The committee shall study:
        (1) the assessment of property owned by educational, religious, and other nonprofit organizations; and
        (2) the property tax exemptions provided to the organizations described in subdivision (1).
    (c) The committee shall operate under the policies governing study committees adopted by the legislative council.
    (d) The affirmative vote of a majority of the voting members appointed to the committee are required for the committee to take action on any measure, including final reports.
    (e) Notwithstanding any other provision of this SECTION, the

legislative council may assign the study required under this SECTION to any other interim study committee.
    (f) This SECTION expires November 1, 2002.

    SECTION 2. An emergency is declared for this act.