COMMITTEE REPORT

MADAM PRESIDENT:

    The Senate Committee on Judiciary, to which was referred House Bill No. 1222, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 7, line 10; (12)CR122202.7. -->     Page 7, line 10, delete "IC 9-32-13," and insert " IC 9-32-12,".
    Page 24, line 22, after "vehicle" insert " sales".
    Page 24, line 26, delete "six (6)" and insert " three (3)".
    Page 29, line 42, delete "3" and insert " 2".
    Page 31, line 21, delete "section 2(a)(5)(C)" and insert " section 1(a)(5)(C)".
    Page 36, line 8, delete "vehicles" and insert " a vehicle being".
    Page 36, line 8, delete "to or from an address" and insert " for purposes of sale by a licensed Indiana dealer.".
    Page 36, delete line 9.
    Page 46, line 34, delete "landline".
    Page 51, line 1, delete "before" and insert " after".
    Page 65, line 22, delete "not public" and insert " confidential".
    Page 68, line 7, after "article" insert " , or its predecessor,".
    Page 68, line 14, after "article" insert " , or its predecessor,".
    Page 78, line 13, after "compliance" insert " or noncompliance".
    Page 80, between lines 18 and 19, begin a new paragraph and insert:
SOURCE: IC 23-17-23-1; (12)CR122202.77. -->     "SECTION 77. IC 23-17-23-1 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 1. The secretary of state may commence a proceeding under section 2 of this chapter to

administratively dissolve a corporation if the following occur:
        (1) The corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by this article or other law.
        (2) The corporation does not deliver the corporation's annual report to the secretary of state within sixty (60) days after the report is due.
        (3) The corporation is without a registered agent or registered office in Indiana for at least sixty (60) days.
        (4) The corporation does not notify the secretary of state within sixty (60) days that the corporation's:
            (A) registered agent or registered office has been changed;
            (B) registered agent has resigned; or
            (C) registered office has been discontinued.
        (5) The corporation's period of duration, if any, stated in the corporation's articles of incorporation expires.
         (6) The secretary receives credible evidence that the corporation is engaged in:
            (A) illegal activity; or
            (B) activity not authorized by the corporation's articles of incorporation.
".

SOURCE: Page 86, line 28; (12)CR122202.86. -->     Page 86, line 28, delete "[EFFECTIVE JULY 1, 2012] (a) As used in this" and insert " An emergency is declared for this act.".
    Page 86, delete lines 29 through 42.
    Delete page 87.
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1222 as reprinted January 31, 2012.)

and when so amended that said bill do pass.

Committee Vote: Yeas 10, Nays 0.

____________________________________

    Bray
Chairperson


CR122202/DI 106    2012