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SB 370 IN
Passed One Chamber

Community infrastructure improvement districts.

IN · session 2022 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 11, 2022

Latest action (Feb 8, 2022) First reading: referred to Committee on Ways and Means

Summary

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.

Sponsors (4)

5 coauthors / cosponsors

Action history (13)

  1. Jan 11, 2022 Authored by Senators Buchanan, Baldwin, Busch · upper
  2. Jan 11, 2022 First reading: referred to Committee on Tax and Fiscal Policy · upper
  3. Jan 25, 2022 Committee report: amend do pass, adopted · upper
  4. Jan 25, 2022 Senator Lanane added as coauthor · upper
  5. Jan 25, 2022 Senator Randolph added as coauthor · upper
  6. Jan 31, 2022 Senators Rogers and Raatz added as coauthors · upper
  7. Jan 31, 2022 Amendment #1 (Buchanan) prevailed; voice vote · upper
  8. Jan 31, 2022 Second reading: amended, ordered engrossed · upper
  9. Feb 1, 2022 Third reading: passed; Roll Call 183: yeas 49, nays 0 · upper
  10. Feb 1, 2022 House sponsor: Representative Lehman · upper
  11. Feb 1, 2022 Cosponsor: Representative Steuerwald · upper
  12. Feb 2, 2022 Referred to the House · upper
  13. Feb 8, 2022 First reading: referred to Committee on Ways and Means · lower
Subjects
APPORTIONMENT AND REDISTRICTINGECONOMIC DEVELOPMENT generallyECONOMIC DEVELOPMENT, Redevelopment and Renovation of Urban Areas

Text versions (3)

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.

  • Engrossed Senate Bill (S) · Jan 31, 2022 · PDF
  • Introduced Senate Bill (S) · Jan 10, 2022 · PDF
  • Senate Bill (S) · Jan 25, 2022 · PDF

Full text

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Data from OpenStates. View on OpenStates →