HB 1005 IN

0likes☆Favorite🔕SubscribeShare

Became Law

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.

• Doug Miller Republican · author
• Linda Rogers Republican · sponsor
• Chris Garten Republican · sponsor
• Jeff Raatz Republican · sponsor

1. Jan 12, 2023 Coauthored by Representatives O'Brien and Hall · lower
2. Jan 12, 2023 Authored by Representative Miller D · lower
3. Jan 12, 2023 First reading: referred to Committee on Government and Regulatory Reform · lower
4. Jan 24, 2023 Representative DeLaney added as coauthor · lower
5. Jan 26, 2023 Committee report: amend do pass, adopted · lower
6. Jan 26, 2023 Referred to the Committee on Ways and Means pursuant to House Rule 127 · lower
7. Feb 2, 2023 Committee report: amend do pass, adopted · lower
8. Feb 6, 2023 Second reading: ordered engrossed · lower
9. Feb 7, 2023 Senate sponsors: Senators Rogers and Garten · lower
10. Feb 7, 2023 Third reading: passed; Roll Call 82: yeas 91, nays 6 · lower
11. Feb 8, 2023 Referred to the Senate · lower
12. Feb 23, 2023 First reading: referred to Committee on Appropriations · upper
13. Mar 16, 2023 Senator Raatz added as third sponsor · upper
14. Mar 30, 2023 Committee report: amend do pass, adopted · upper
15. Mar 30, 2023 Senators Ford Jon and Charbonneau added as cosponsors · upper
16. Apr 3, 2023 Amendment #5 (Rogers) prevailed; voice vote · upper
17. Apr 3, 2023 Amendment #1 (Qaddoura) failed; Roll Call 283: yeas 13, nays 34 · upper
18. Apr 3, 2023 Amendment #2 (Qaddoura) failed; Roll Call 284: yeas 11, nays 37 · upper
19. Apr 3, 2023 Amendment #4 (Qaddoura) failed; Roll Call 285: yeas 9, nays 39 · upper
20. Apr 3, 2023 Second reading: amended, ordered engrossed · upper
21. Apr 3, 2023 Senator Randolph added as cosponsor · upper
22. Apr 4, 2023 Third reading: passed; Roll Call 301: yeas 32, nays 16 · upper
23. Apr 5, 2023 Returned to the House with amendments · upper
24. Apr 24, 2023 Motion to concur filed · lower
25. Apr 24, 2023 House concurred in Senate amendments; Roll Call 487: yeas 71, nays 23 · lower
26. Apr 28, 2023 Signed by the President of the Senate · upper
27. Apr 28, 2023 Signed by the President Pro Tempore · upper
28. May 1, 2023 Signed by the Speaker · lower
29. May 4, 2023 Signed by the Governor · executive
30. May 4, 2023 Public Law 204 · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Enrolled House Bill (H) · Apr 25, 2023 · PDF
• Introduced House Bill (H) · Jan 12, 2023 · PDF
• House Bill (H) · Jan 26, 2023 · PDF
• House Bill (H) · Feb 2, 2023 · PDF
• House Bill (S) · Mar 30, 2023 · PDF
• Engrossed House Bill (S) · Apr 3, 2023 · PDF