Indiana House Bill 1214 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2020 - 25% progression, died in committee
Action: 2020-01-13 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Assistance for the payment of property tax refunds. Authorizes loans from the state rainy day fund to eligible cities and school corporations in Lake County whose revenues are affected by at least $1,000,000 by an Indiana court judgment issued after September 30, 2019, requiring Lake County to issue property tax refunds to a taxpayer who owns property in the county with an aggregate assessed value of at least $100,000,000. Specifies the terms and manner of repayment of the loans. Limits the amount loaned to each eligible city or school corporation to the amount of its decrease in expected revenue, up to a maximum of $8,000,000.

Assistance for the payment of property tax refunds.

Rep. Lisa Beck [D]

Date	Chamber	Action
2020-01-13	House	First reading: referred to Committee on Ways and Means
2020-01-13	House	Authored by Representative Beck

Type	Source
Summary	https://iga.in.gov/legislative/2020/bills/house/1214/details
Text	http://iga.in.gov/static-documents/9/e/a/1/9ea1127d/HB1214.01.INTR.pdf