HB 1574-1_ Filed 02/10/2011, 09:08


Text Box

Adopted Rejected


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COMMITTEE REPORT


                                                        YES:

8

                                                        NO:
1

MR. SPEAKER:
    Your Committee on       Natural Resources     , to which was referred       House Bill 1574     , 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 1, line 10; (11)AM157403.1. -->     Page 1, delete lines 10 through 17.
    Page 2, line 42, delete "tracts" and insert " parcels".
    Page 3, line 12, delete "tract" and insert " parcel".
    Page 3, between lines 16 and 17, begin a new paragraph and insert:
    " (c) Before January 1, 2012, the special assessment for each parcel must be as follows:
        (1) A residential parcel of real property, fifty dollars ($50).
        (2) An agricultural parcel of real property, one hundred dollars ($100).
        (3) A commercial parcel of real property, two hundred dollars ($200).
        (4) An industrial or public utility parcel of real property, four hundred dollars ($400).
".
    Page 3, line 17, delete "(c) The" and insert " (d) After December 31, 2011, the".
    Page 3, line 17, delete "tract" and insert " parcel".
    Page 3, line 18, delete "tract" and insert " parcel".
    Page 3, line 20, delete "tract" and insert " parcel".
    Page 3, line 21, delete "tract" and insert " parcel".
    Page 3, line 23, delete "tract" and insert " or public utility parcel".
    Page 3, line 25, delete "(d)" and insert " (e)".
    Page 3, line 32, delete "(e)" and insert " (f)".
    Page 3, line 33, delete "tracts" and insert " parcels".
    Page 3, line 39, delete "tract" and insert " parcel".
    Page 4, line 4, before "affected" delete "tract" and insert " parcel".
    Page 4, line 4, after "only the" delete "tract" and insert " parcel".
    Page 4, line 17, after "(1)" insert " except as provided in subsection (f),".
    Page 4, between lines 21 and 22, begin a new paragraph and insert:
    " (f) In each year, the following amount must be transferred from the segregated account referred to in subsection (e) to the northwest Indiana regional development authority established by IC 36-7.5-2-1:
        (1) If the balance in the segregated account on July 1 is less than seven million dollars ($7,000,000), three hundred thousand dollars ($300,000).
        (2) If the balance in the segregated account on July 1 is equal to or exceeds seven million dollars ($7,000,000), nine hundred thousand dollars ($900,000).
However, the aggregate amount paid to the
northwest Indiana
regional development authority may not exceed six million dollars ($6,000,000). This subsection expires December 31, 2032.
".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1574 as introduced.)

and when so amended that said bill do pass.

__________________________________

Representative Eberhart


AM157403/DI 118    2011