HB 1188-2_ Filed 01/22/2004, 09:01
Adopted 1/22/2004


Text Box

Adopted Rejected


[

]



COMMITTEE REPORT

            
                                                        YES:

17

                                                        NO:
10

MR. SPEAKER:

    Your Committee on       Ways and Means     , to which was referred       House Bill 1188     , has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows:

SOURCE: Page 12, line 16; (04)CR118802.12. -->     Page 12, delete lines 16 through 26, begin a new paragraph and insert:
    " (j) In the case of an allowed city that is also a consolidated city, the agreement executed under subsection (g) must require the permit holder to pay a lump sum amount to the city upon the execution of the agreement. Money received in the lump sum payment must be used for the following purposes:
        (1) Forty percent (40%) for any purpose as directed by the city executive.
        (2) Twenty-five percent (25%) for deposit in the housing trust fund established under IC 36-7-15.1-35.5(e).
        (3) Twenty-five percent (25%) for distribution to the school corporations located in the county in which the consolidated city is located to be used for capital projects, according to the

needs of the school corporations as determined by the city executive.
        (4) Ten percent (10%) to be used for public safety and the operations of the Indianapolis Public Transportation Corporation.
    (k) In addition to the lump sum payment required under subsection (j), the agreement executed under subsection (g) between the allowed city described in subsection (j) and the permit holder must provide for ongoing payments to the city. Payments received under this subsection must be used for the following purposes:
        (1) Seventy-five percent (75%) for any purpose as directed by the city executive.
        (2) Twenty-five percent (25%) for the following purposes:
            (A) Deposits in the housing trust fund established under IC 36-7-15.1-35.5(e)
            (B) Distributions to the school corporations described in subsection (j)(3) according to the needs of the school corporations as determined by the city executive.
            (C) Public safety and the operations of the Indianapolis Public Transportation Corporation.
        At least five percent (5%) of the money available under this subdivision must be used for each purpose specified in clauses (A) through (C).
".
    Page 12, line 27, delete "(k)" and insert " (l)".
    Page 13, line 1, delete "(l)" and insert " (m)".
    Page 13, line 8, delete "(m)" and insert " (n)".
    Page 20, line 39, after "county." insert " At least two-thirds (2/3) of the taxes received in the first twenty-four (24) months that the council receives taxes under section 7 of this chapter must be allocated for operations, capital improvements, and other necessary expenditures of the certified technology park located in the largest city in the county. For each twelve (12) month period thereafter, at least one-third (1/3) of the taxes received under section 7 of this chapter must be allocated for operations, capital

improvements, and other necessary expenditures of the certified technology park located in the largest city in the county.".
    Page 20, line 41, delete "officials" and insert " officials, who must be members of different political parties,".
    Page 21, line 1, delete "officials" and insert " officials, who must be members of different political parties,".
    Page 35, line 39, delete "ten" and insert " thirty".
    Page 35, line 39, delete "($10,000)" and insert " ($30,000)".
    Page 35, delete lines 40 through 41.
    Page 35, line 42, delete "(2)" and insert " (1)".
    Page 36, line 2, delete "(3)" and insert " (2)".
    (Reference is to HB 1188 as printed January 21, 2004.)

and when so amended that said bill do pass.



__________________________________

Representative Crawford


CR118802/DI 92    2004