SB 61 IN

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Passed One Chamber

Provides that a person may circulate a petition to create a tourism improvement district (district) within the territory of a county, city, or town (local unit). Specifies the contents of the tourism improvement district plan that must be filed with a petition to establish a district. Provides that, after a hearing on a petition to establish a district, the legislative body of a local unit may adopt the ordinance establishing the district only if it determines that the petition has been signed by at least: (1) 65% of the owners within the proposed district that will pay the assessments; and (2) the owners of 65% of the total net assessed value of the real property within the proposed district that will pay the assessments. Provides that owners located within a district may be charged a special assessment to fund improvements and other district activities. Defines the term "owner". Excludes from inclusion within a district: (1) property that receives a homestead standard deduction; (2) property used for single family residential housing; and (3) property used for multi-unit residential housing. Specifies the contents of the ordinance establishing a district and the length of time for which a district may exist. Allows a district to issue bonds. Requires the county, city, or town legislative body to contract with a nonprofit district management association to administer and implement the district's activities and improvements. Requires a district management association to annually engage an independent certified public accounting firm to conduct an examination of the district's funds, accounts, and financial affairs and submit the examination to the legislative body and the fiscal body. Excludes Marion County from the provisions of the bill.

• Travis Holdman Republican · author
• Scott Baldwin Republican · author
• Beau Baird Republican · sponsor

1. Jan 8, 2024 Authored by Senator Holdman · upper
2. Jan 8, 2024 First reading: referred to Committee on Tax and Fiscal Policy · upper
3. Jan 22, 2024 Senator Randolph added as coauthor · upper
4. Jan 30, 2024 Committee report: amend do pass, adopted · upper
5. Feb 1, 2024 Senator Baldwin added as second author · upper
6. Feb 5, 2024 Second reading: amended, ordered engrossed · upper
7. Feb 5, 2024 Amendment #1 (Holdman) prevailed; voice vote · upper
8. Feb 6, 2024 Cosponsor: Representative Karickhoff · upper
9. Feb 6, 2024 Third reading: passed; Roll Call 121: yeas 47, nays 1 · upper
10. Feb 6, 2024 House sponsor: Representative Baird · upper
11. Feb 6, 2024 Referred to the House · upper
12. Feb 12, 2024 First reading: referred to Committee on Ways and Means · lower
13. Feb 15, 2024 Representative Cherry added as cosponsor · lower
14. Feb 19, 2024 Representative King added as cosponsor · 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.

• Engrossed Senate Bill (H) · PDF
• Senate Bill (S) · PDF
• Introduced Senate Bill (S) · PDF