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IN HB1149

Bill

Official Source

Status

Introduced

1/10/2013

Primary Sponsor

Mark Messmer

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

HB 1149 Summary

  • Amends IC 36-1-15-6.5 to establish that fire protection territories are considered separate political subdivisions for purposes of the 2% debt limitation under state law and the Indiana Constitution.

  • Classifies bonds and other debt issued by or incurred by a provider unit on behalf of a fire protection territory as debt of the fire protection territory rather than the provider unit.

  • Effective July 1, 2013.

Legislative Description

Fire territory debt.

Last Action

First reading: referred to Committee on Ways and Means

1/10/2013

Committee Referrals

Ways and Means1/10/2013

Full Bill Text

No bill text available