Indiana House Bill 1109

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 8 2024 - 25% progression, died in committee
Action: 2024-01-16 - Representative Pressel added as coauthor
Pending: House Government and Regulatory Reform Committee
Text: Latest bill text (Introduced) [PDF]

Governance of public-private agreements. Requires a governmental body to entertain more than one bidder before entering into a public-private agreement for a qualifying project. Provides that for both performance and payment bonds, the amount must be an amount not less than 100% of the cost to design and construct the qualifying project. Requires the operator to perform at least 30% of the work on the qualifying project. Requires the governmental body and the operator to provide full disclosure in the public-private agreement and to the public of any imputed interest rate regarding the qualifying project. Requires the governmental body to report to the department of local government finance the amount and duration of any availability payment related to the qualifying project. Requires the governmental body to hold a public comment hearing regarding the necessity of the qualifying project.

Governance of public-private agreements.

Rep. Dave Heine [R]

Rep. Doug Miller [R]

Rep. Jim Pressel [R]

Date	Chamber	Action
2024-01-16	House	Representative Pressel added as coauthor
2024-01-16	House	Representative Miller D added as coauthor
2024-01-08	House	First reading: referred to Committee on Government and Regulatory Reform
2024-01-08	House	Authored by Representative Heine

Type	Source
Summary	https://iga.in.gov/legislative/2024/bills/house/1109/details
Text	https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1109/HB1109.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1109/fiscal-notes/HB1109.01.INTR.FN001.pdf