SB 370

  • Indiana Senate Bill
  • 2022 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 01, 2022
  • House
  • Governor

Community infrastructure improvement districts.

Abstract

Creates a procedure to establish a community infrastructure improvement district (district). Specifies that the procedure added by the bill allowing for the establishment of a district does not authorize the unit to establish a district that overlaps with an economic improvement district. Requires a petition for the establishment of a district to include a rate and methodology report. Specifies the contents of the report. Specifies the basis upon which benefits accruing to parcels of real property within a district may be apportioned among those parcels. Requires a determination that the aggregate assessments within a district do not exceed 30% of the projected assessed value of property within the district before a legislative body may adopt an ordinance to establish a district. Requires a community infrastructure improvement board (board) to assist the county treasurer in order to make certain specified determinations and designations regarding annual assessments within a district. Adds specific provisions that apply to the board's issuance of revenue bonds.

Bill Sponsors (9)

Votes


Actions


Feb 08, 2022

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Feb 02, 2022

Senate

Referred to the House

Feb 01, 2022

Senate

Third reading: passed; Roll Call 183: yeas 49, nays 0

Senate

Cosponsor: Representative Steuerwald

Senate

House sponsor: Representative Lehman

Jan 31, 2022

Senate

Amendment #1 (Buchanan) prevailed; voice vote

Senate

Senators Rogers and Raatz added as coauthors

Senate

Second reading: amended, ordered engrossed

Jan 25, 2022

Senate

Senator Randolph added as coauthor

Senate

Senator Lanane added as coauthor

Senate

Committee report: amend do pass, adopted

Jan 11, 2022

Senate

Authored by Senators Buchanan, Baldwin, Busch

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
tax and fiscal policy

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF
Senate Bill (S) PDF
Engrossed Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0370.03.ENGS.FN001 PDF
Fiscal Note: SB0370.03.ENGS.FN002 PDF

Sources

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