Bill Text: IN SB0182 | 2018 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: County building authorities. Authorizes the municipal county seat of a county building authority to withdraw its membership from the building authority. Provides that in the case of a withdrawal, the county fiscal body appoints the trustee formerly appointed by the municipal fiscal body, and the county executive appoints the trustee formerly appointed by the municipal executive. Provides that if the building authority has any bonds or other obligations outstanding, a municipality may not withdraw from the building authority if the withdrawal will impair the ability of the building authority to pay the bonds or other obligations.
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-07 - Public Law 11 [SB0182 Detail]
Download: Indiana-2018-SB0182-Amended.pdf
Bill Title: County building authorities. Authorizes the municipal county seat of a county building authority to withdraw its membership from the building authority. Provides that in the case of a withdrawal, the county fiscal body appoints the trustee formerly appointed by the municipal fiscal body, and the county executive appoints the trustee formerly appointed by the municipal executive. Provides that if the building authority has any bonds or other obligations outstanding, a municipality may not withdraw from the building authority if the withdrawal will impair the ability of the building authority to pay the bonds or other obligations.
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-07 - Public Law 11 [SB0182 Detail]
Download: Indiana-2018-SB0182-Amended.pdf
