IN HB1505 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 18 2017 - 25% progression, died in committee
Action: 2017-01-18 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 18 2017 - 25% progression, died in committee
Action: 2017-01-18 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Assessments to repay loans for drain construction. Provides that the drainage board of a county may not impose interest on a drainage assessment for construction or reconstruction if the construction or reconstruction is financed through the issuance of bonds or a construction loan. Specifies accounting procedures for drainage assessment construction or reconstruction loans having a term of fewer than six years.
Title
Assessments to repay loans for drain construction. Provides that the drainage board of a county may not impose interest on a drainage assessment for construction or reconstruction if the construction or reconstruction is financed through the issuance of bonds or a construction loan. Specifies accounting procedures for drainage assessment construction or reconstruction loans having a term of fewer than six years.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-18 | House | First reading: referred to Committee on Ways and Means |
| 2017-01-18 | House | Coauthored by Representative Cherry |
| 2017-01-18 | House | Authored by Representative Saunders |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2017/bills/house/1505/details |
| Text | http://iga.in.gov/static-documents/9/6/3/c/963c35f2/HB1505.01.INTR.pdf |
