HB 1072-3_ Filed 02/27/2012, 10:44 Head
that Engrossed House Bill 1072 be amended to read as follows:
SOURCE: Page 143, line 8; (12)MO107213.143. -->
Page 143, delete lines 8 through 11, begin a new paragraph and
"(d) In any fiscal year, a political subdivision may transfer
any unused and unencumbered funds specified in subsection
(b)(2)(A) from any fiscal year at any time to the rainy day fund.
(e) In any fiscal year, at any time, a political subdivision may
transfer under this chapter any other unobligated cash balances
not otherwise identified in section 5 of this chapter or in subsection
(b)(2)(A) if the amount is identified in an ordinance or resolution
establishing the rainy day fund and the amount is not more than ten
percent (10%) of the political subdivision's total annual budget for that
adopted certified under IC 6-1.1-17, to the rainy day fund.
The balances may be from any fiscal year.".
Page 143, line 12, delete "(e)" and insert "
Page 143, line 17, delete "(f)" and insert "
Page 143, line 20, delete "(g)" and insert "
Page 143, between lines 25 and 26, begin a new paragraph and
SOURCE: IC 36-1-8-11; (12)MO107213.101. -->
"SECTION 101. IC 36-1-8-11 IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 11. (a) This section
does not apply to a county treasurer governed by IC 36-2-10-23.
(b) As used in this section, "credit card" means a:
(1) credit card;
(2) debit card;
(3) charge card; or
(4) stored value card.
(c) A payment to a political subdivision or a municipally owned
utility for any purpose may be made by any of the following financial
instruments that the fiscal body of the political subdivision or the board
of the municipally owned utility authorizes for use:
(3) Bank draft.
(4) Money order.
(5) Bank card or credit card.
(6) Electronic funds transfer.
(7) Any other financial instrument authorized by the fiscal body.
(d) If there is a charge to the political subdivision or municipally
owned utility for the use of a financial instrument, the political
subdivision or municipally owned utility may collect a sum equal to the
amount of the charge from the person who uses the financial
(e) If authorized by the fiscal body of the political subdivision or the
board of the municipally owned utility, the political subdivision or
municipally owned utility may accept payments under this section with
a bank card or credit card under the procedures set forth in this section.
However, the procedure authorized for a particular type of payment
must be uniformly applied to all payments of the same type.
(f) The political subdivision or municipally owned utility may
contract with a bank card or credit card vendor for acceptance of bank
cards or credit cards. However, if there is a vendor transaction
charge or discount fee, whether billed to the political subdivision
or municipally owned utility or charged directly to the political
subdivision's or municipally owned utility's account, the political
subdivision or municipally owned utility shall collect from the
person using the card an official fee that may not exceed the
highest transaction charge or discount fee charged to the political
subdivision or municipally owned utility by bank or credit card
vendors during the most recent collection period. This fee may be
collected regardless of retail merchant agreements between the
bank and credit card vendors that may prohibit such a fee. The fee
is a permitted additional charge under IC 24-4.5-3-202.
(g) The political subdivision or municipally owned utility may pay
any applicable bank card or credit card service charge associated with
the use of a bank card or credit card under this subsection.
(h) The authorization of the fiscal body of the political subdivision
is not required by the bureau of motor vehicles or the bureau of motor
vehicles commission to use electronic funds transfer or other financial
instruments to transfer funds to the political subdivision.
SOURCE: IC 36-1-8-11.5; (12)MO107213.102. -->
SECTION 102. IC 36-1-8-11.5 IS ADDED TO THE INDIANA
CODE AS A NEW
SECTION TO READ AS FOLLOWS
[EFFECTIVE UPON PASSAGE]: Sec. 11.5. (a) As used in this
section, "electronic funds transfer" means any transfer of funds,
other than a transaction originated by check, draft, or similar
paper instrument, that is initiated through an electronic terminal,
telephone, or computer or magnetic tape for the purpose of
ordering, instructing, or authorizing a financial institution to debit
or credit an account.
(b) The fiscal body of a political subdivision or the board of a
municipally owned utility may adopt a resolution to authorize an
electronic funds transfer method of payment of claims. If a proper
body adopts a resolution under this subsection, the political
subdivision or municipally owned utility may pay money from its
funds by electronic funds transfer.
(c) A political subdivision or municipally owned utility that pays
a claim by electronic funds transfer shall comply with all other
requirements for the payment of claims by political subdivisions or
Renumber all SECTIONS consecutively.
(Reference is to EHB 1072 as printed February 24, 2012.)