HB 1351-6_ Filed 02/27/2007, 14:10 Bardon


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    WITHDRAWN        Noes _______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


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that House Bill 1351 be recommitted to a Committee of One, its author, with specific instructions to amend as follows:

SOURCE: Page 2, line 9; (07)MO135106.2. -->     Page 2, line 9, delete "IC 36-7-15.5-35.5(e)" and insert " IC 36-7-15.1-35.5(e)".
    Page 6, between lines 15 and 16, begin a new paragraph and insert:
    " (10) Money transferred to the fund under IC 32-34-1-34(b) and IC 32-34-1-34(h).".
    Page 6, delete line 36.
    Page 6, line 37, delete "(6)" and insert " (5)".
    Page 6, line 38, delete "(7)" and insert " (6)".
    Page 9, between lines 9 and 10, begin a new paragraph and insert:
    " (b) The treasurer of state may, and at least once each fiscal year shall, transfer to the affordable housing and community development fund established by IC 5-20-4-7 an amount from the abandoned property fund established by section 33 of this chapter that equals the value of any property that:
        (1) is held by the attorney general as abandoned property under this chapter at the time of the transfer; and
        (2) has not been claimed by any person under section 36(a) of this chapter at any time within twenty-five (25) years after the date on which the property was first presumed abandoned under this chapter.
".
    Page 9, line 10, strike "(b)" and insert " (c)".
    Page 9, line 10, after "If" insert ":
         (1) after any transfer to the affordable housing and

community development fund is made under subsection (b) in a state fiscal year; or
        (2) after it is determined that the attorney general does not hold any property described in subsection (b)(1) through (b)(2) of this chapter in a particular state fiscal year;
".
    Page 9, line 10, beginning with "the balance" start a new line blocked left.
    Page 9, line 12, strike "may, and at least once each".
    Page 9, line 13, strike "fiscal year".
    Page 9, line 13, delete ",".
    Page 9, line 16, strike "(c)" and insert " (d)".
    Page 9, line 22, strike "(d)" and insert " (e)".
    Page 9, line 31, strike "(e)" and insert " (f)".
    Page 9, line 31, strike "(f)" and insert " (g) and (h),".
    Page 9, line 31, delete "and (g),".
    Page 9, line 34, strike "(f)" and insert " (g)".
    Page 9, line 38, delete "(g)" and insert " (h)".
    Page 13, line 4, delete "IC 36-7-15.5-35.5(e)" and insert " IC 36-7-15.1-35.5(e)".
    (Reference is to HB 1351 as reprinted February 24, 2007.)

________________________________________

Representative Bardon




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Adopted Rejected

COMMITTEE REPORT

MR. SPEAKER:

    Your Committee of One, to which was referred House Bill 1351, begs leave to report that said bill has been amended as directed.


________________________________________

Representative Bardon


MO135106/DI 101     2007