Doug Miller
- Republican
- Representative
- District 48
Author
Establishes the residential housing infrastructure assistance program (program) and residential housing infrastructure assistance revolving fund (fund). Provides that the Indiana finance authority (authority) shall administer the fund and program. Provides that political subdivisions may apply to the fund for loans for certain infrastructure projects related to the development of residential housing. Provides that money in the fund may not be used for: (1) debt repayment; (2) maintenance and repair projects; (3) upgrading utility poles; or (4) consulting or engineering fees for studies, reports, designs, or analyses. Provides that loans from the fund must be allocated as follows: (1) 70% of the money in the fund must be used for housing infrastructure in municipalities with a population of less than 50,000. (2) 30% of the money in the fund must be used for housing infrastructure in all other political subdivisions. Requires the authority to establish a project prioritization system for the purpose of awarding loans from the fund, and specifies the criteria that must be included in the project prioritization system. Allows the authority to establish a leveraged loan program to or for the benefit of program participants. Requires the public finance director to prepare an annual report of the fund's activities for the legislative council and the budget committee. Provides that the fiscal body of a county may adopt an ordinance to designate an economic development target area. Removes the threshold conditions for establishing a residential housing development program and a tax increment allocation area for the program, including the condition that the governing body of each school corporation affected by the program pass a resolution approving the program before the program may go into effect. Changes the duration of a residential housing development program from 25 years (under current law) to 20 years after the date on which the first obligation for program is incurred. Makes a continuing appropriation.
Signed by the Governor
Public Law 204
Signed by the Speaker
Signed by the President Pro Tempore
Signed by the President of the Senate
Motion to concur filed
House concurred in Senate amendments; Roll Call 487: yeas 71, nays 23
Returned to the House with amendments
Third reading: passed; Roll Call 301: yeas 32, nays 16
Amendment #5 (Rogers) prevailed; voice vote
Amendment #1 (Qaddoura) failed; Roll Call 283: yeas 13, nays 34
Amendment #2 (Qaddoura) failed; Roll Call 284: yeas 11, nays 37
Amendment #4 (Qaddoura) failed; Roll Call 285: yeas 9, nays 39
Second reading: amended, ordered engrossed
Senator Randolph added as cosponsor
Senators Ford Jon and Charbonneau added as cosponsors
Committee report: amend do pass, adopted
Senator Raatz added as third sponsor
First reading: referred to Committee on Appropriations
Referred to the Senate
Senate sponsors: Senators Rogers and Garten
Third reading: passed; Roll Call 82: yeas 91, nays 6
Second reading: ordered engrossed
Committee report: amend do pass, adopted
Committee report: amend do pass, adopted
Referred to the Committee on Ways and Means pursuant to House Rule 127
Representative DeLaney added as coauthor
First reading: referred to Committee on Government and Regulatory Reform
Authored by Representative Miller D
Coauthored by Representatives O'Brien and Hall
| Bill Text Versions | Format |
|---|---|
| Introduced House Bill (H) | |
| House Bill (H) | |
| House Bill (H) | |
| House Bill (S) | |
| Engrossed House Bill (S) | |
| Enrolled House Bill (H) |
| Document | Format |
|---|---|
| Fiscal Note: HB1005.06.ENRS.FN001 |
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