HB 1077-1_ Filed 01/11/2010, 11:01 Stilwell
Adopted 1/11/2010


Text Box


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    WITHDRAWN        Noes _______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


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HOUSE MOTION ____

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MR. SPEAKER:

    I move that House Bill 1077 be amended to read as follows:

SOURCE: Page 1, line 15; (10)MO107701.1. -->     Page 1, between lines 15 and 16, begin a new paragraph and insert:
SOURCE: IC 36-7-26-1.5; (10)MO107701.2. -->     "SECTION 2. IC 36-7-26-1.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2010]: Sec. 1.5. Notwithstanding any other provision of this chapter, the following apply to a county described in section 1(5) of this chapter:
        (1) The authority to establish a district in the county expires on January 1, 2015, if the board fails to approve a resolution designating a district in the county before January 1, 2015.
        (2) A district designated in the county expires on January 1, 2015, if the commission fails to issue bonds to finance a local public improvement project in the district before January 1, 2015.
".
SOURCE: Page 6, line 38; (10)MO107701.6. -->     Page 6, between lines 38 and 39, begin a new paragraph and insert:
SOURCE: IC 36-7-26-24.5; (10)MO107701.2. -->     "SECTION 2. IC 36-7-26-24.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2010]: Sec. 24.5. Notwithstanding section 23 of this chapter, state gross retail and use taxes may not be deposited in the fund with respect to a particular district after December 31 of the calendar year in which the board determines that no obligations of the commission incurred under this chapter to finance a local public improvement in the district remain outstanding.".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1077 as printed January 8, 2010.)

________________________________________

Representative Stilwell


MO107701/DI 92     2010