HOUSE BILL No. 1146
DIGEST OF INTRODUCED BILL
Citations Affected: IC 36-1-7-11.5.
Synopsis: Interlocal cooperation for economic development. Specifies
that an entity entering into an agreement under the interlocal
cooperation law that is related to an economic development project
may transfer money or property or provide personnel, services, or
facilities to another participating entity, an economic development
entity, or a regional development authority.
Effective: July 1, 2006.
January 5, 2006, read first time and referred to Committee on Government and Regulatory
Second Regular Session 114th General Assembly (2006)
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between statutes enacted by the 2005 Regular Session of the General Assembly.
HOUSE BILL No. 1146
A BILL FOR AN ACT to amend the Indiana Code concerning local
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 36-1-7-11.5; (06)IN1146.1.1. -->
SECTION 1. IC 36-1-7-11.5 IS ADDED TO THE INDIANA CODE
AS A NEW
SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2006]: Sec. 11.5. (a) As used in this section, "economic
development project" has the meaning set forth in
IC 6-3.5-7-13.1(c). The term also includes any project related to
transportation services, transportation infrastructure, or the
development or construction of a hotel or other tourism
(b) An entity entering into an agreement under this chapter that
is related to an economic development project may do any of the
following to carry out the agreement:
(1) After appropriation by the entity's fiscal body, transfer
money derived from any source to any of the following:
(A) One (1) or more entities that have entered into the
(B) An economic development entity (as defined in section
15 of this chapter) established by an entity that has entered
into the agreement.
(C) A regional development authority, including the
northwest Indiana regional development authority
established by IC 36-7.5-2-1.
(2) Transfer any property or provide personnel, services, or
facilities to any entity or authority described in subdivision
(1)(A) through (1)(C).