HOUSE BILL No. 1393
DIGEST OF INTRODUCED BILL
Synopsis: Cumulative building and equipment funds. Allows any local
government unit or fire protection district to use its cumulative building
and equipment fund for the purchase of radio equipment. (Current law
allows municipalities to use the fund to purchase police radio
equipment.) Provides that the cumulative building and equipment fund
tax rate may not exceed $0.05 on each $100 of assessed value. (Current
law limits the rate at $0.0333.) Makes conforming changes.
Effective: July 1, 2003.
January 14, 2003, read first time and referred to Committee on Local Government.
First Regular Session 113th General Assembly (2003)
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HOUSE BILL No. 1393
A BILL FOR AN ACT to amend the Indiana Code concerning
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 36-8-14-2; (03)IN1393.1.1. -->
, AS AMENDED BY P.L.140-2002,
SECTION 2, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2003]: Sec. 2. (a) As used in this section, "emergency medical
services" has the meaning set forth in
(b) As used in this section, "volunteer fire department" has the
meaning set forth in
(c) The legislative body of a unit or the board of fire trustees of a
fire protection district may provide a cumulative building and
equipment fund under
for the following purposes:
(A) purchase, construction, renovation, or addition to
(B) purchase of land;
used by the fire department or a volunteer fire department serving
(2) The purchase of firefighting equipment for use of the fire
department or a volunteer fire department serving the unit,
including making the required payments under a lease rental with
option to purchase agreement made to acquire the equipment.
In a municipality, The purchase of police radio equipment.
(A) purchase, construction, renovation, or addition to a
(B) purchase of land; or
(C) purchase of equipment;
for use of a provider of emergency medical services under
to the unit establishing the fund.
(d) In addition to the requirements of
, before a
cumulative fund may be established by a township fire protection
district, the county legislative body which appoints the trustees of the
fire protection district must approve the establishment of the fund.
SOURCE: IC 36-8-14-4; (03)IN1393.1.2. -->
IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2003]: Sec. 4. (a) To provide for
the cumulative building and equipment fund established under this
chapter, the legislative body may levy a tax on all taxable property
within the taxing district in compliance with
The tax rate
may not exceed
three and thirty-three hundredths five cents ($0.0333)
($0.05) on each one hundred dollars ($100) of assessed valuation of
property in the taxing district.
(b) As the tax is collected, it shall be deposited in a qualified public
depository or depositories and held in a special fund to be known as the
"building or remodeling, firefighting, and
police radio equipment
fund". in the case of a municipality or as the "building or remodeling
and fire equipment fund" in the case of a township or fire protection
SOURCE: ; (03)IN1393.1.3. -->
SECTION 3. [EFFECTIVE JULY 1, 2003]
amended by this act, applies to property taxes first due and
payable after December 31, 2003.