IN SB0077 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2010 - 25% progression, died in committee
Action: 2010-01-05 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides for the reimbursement by the state of borrowing costs of a taxing unit in a county if: (1) the department of local government finance ordered a reassessment of real property for the assessment date in 2006; (2) the billing of property taxes in the county in 2007 was late; and (3) as a result, the taxing unit had to borrow for current operations. Appropriates money from the state general fund to pay claims for reimbursement.

Tracking Information

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Title

State payment of certain local borrowing costs.

Sponsors


History

DateChamberAction
2010-01-05 First reading: referred to Committee on Tax and Fiscal Policy
2010-01-05 Authored by Senator Deig

Indiana State Sources


Bill Comments

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