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SB 157 IN
Became Law

Disposition of real property by INDOT.

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 4, 2022

Latest action (Mar 7, 2022) Signed by the President of the Senate

Summary

Provides that an agency real estate professional may determine the fair market value of real property the department of transportation (INDOT) owns and is seeking to sell under certain conditions. Makes conforming changes. Provides that real property shall be appraised prior to acquisition by INDOT, except under certain conditions concerning donation and valuation of the real property. Requires INDOT to prepare a waiver valuation if an appraisal is unnecessary. Suspends certain rules for persons preparing or reviewing a waiver valuation. Provides that INDOT may sell real property without advertising or competitive bids under certain circumstances. Extends the sunset of certain public-private agreement provisions from June 30, 2023, to June 30, 2031.

Sponsors (3)

Action history (18)
  1. Jan 4, 2022 Authored by Senator Crider · upper
  2. Jan 4, 2022 First reading: referred to Committee on Homeland Security and Transportation · upper
  3. Jan 11, 2022 Committee report: do pass, adopted · upper
  4. Jan 13, 2022 Second reading: ordered engrossed · upper
  5. Jan 13, 2022 Senator Doriot added as second author · upper
  6. Jan 18, 2022 Third reading: passed; Roll Call 19: yeas 47, nays 0 · upper
  7. Jan 18, 2022 House sponsor: Representative Pressel · upper
  8. Jan 19, 2022 Referred to the House · upper
  9. Jan 31, 2022 First reading: referred to Committee on Roads and Transportation · lower
  10. Feb 10, 2022 Committee report: do pass, adopted · lower
  11. Feb 14, 2022 Second reading: ordered engrossed · lower
  12. Feb 15, 2022 Third reading: passed; Roll Call 188: yeas 79, nays 11 · lower
  13. Feb 16, 2022 Returned to the Senate without amendments · lower
  14. Feb 21, 2022 Signed by the President Pro Tempore · upper
  15. Feb 24, 2022 Signed by the Speaker · lower
  16. Mar 7, 2022 Public Law 12 · upper
  17. Mar 7, 2022 Signed by the Governor · executive
  18. Mar 7, 2022 Signed by the President of the Senate · upper
Subjects
LAND AND LANDOWNERSREAL ESTATE APPRAISERS, BROKERS, AND SALESPERSONSTRANSPORTATION, Department of

Text versions (4)

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 Senate Bill (S) · Feb 16, 2022 · PDF
  • Introduced Senate Bill (S) · Jan 4, 2022 · PDF
  • Senate Bill (S) · Jan 11, 2022 · PDF
  • Senate Bill (H) · Feb 10, 2022 · PDF

Full text

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