HB 1220-2_ Filed 01/28/2008, 07:26 Dobis


Text Box


    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that House Bill 1220 be amended to read as follows:

SOURCE: Page 6, line 2; (08)MO122004.6. -->     Page 6, between lines 2 and 3, begin a new paragraph and insert:
SOURCE: IC 36-7.5-2-3.5; (08)MO122004.4. -->     "SECTION 4. IC 36-7.5-2-3.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 3.5. (a) A county or city that participates in the development authority under this chapter must be a member of the development authority for at least ten (10) years after the date the county or city becomes a member of the development authority.
    (b) At least twelve (12) months and not more than eighteen (18) months before the end of a ten (10) year period under subsection (a), the fiscal body of a county or city participating in the development authority must adopt a resolution that:
        (1) commits the county or city to an additional ten (10) years as a member of the development authority, beginning at the end of the current ten (10) year period; or
        (2) withdraws the county or city from membership in the development authority not earlier than the end of the current ten (10) year period.
    (c) The fiscal body of a county or city that participates in the development authority must adopt a resolution under subsection (b) during each ten (10) year period in which the county or city is a member of the development authority.
    (d) A county or city may withdraw from a development authority as provided in this section only with the approval of the

development board.
    (e) If at the end of a ten (10) year period a county or city described withdraws from the development authority under this section:
        (1) the terms of members of the development board from that county or city are terminated upon the effective date of the withdrawal of the county or city; and
        (2) the county or city that withdraws from the development authority is liable to the development authority for:
            (A) any unpaid transfers under this article that become due before the withdrawal of the county or city from the development authority is effective; and
            (B) amounts due under any bonds issued or lease rental agreements entered into before the withdrawal of the county or city from the development authority is effective.
".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1220 as printed January 25, 2008.)

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Representative Dobis


MO122004/DI 73     2008