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IN HB1191
Bill
Status
1/10/2013
Primary Sponsor
Edward DeLaney
Click for details
AI Summary
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Requires the state, local governments, and school corporations to disclose the identity of any person with a direct or indirect interest of 10% or more in leased property
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Mandates disclosure of any elected official or their relatives within one degree of kinship (spouse, parent, child, sibling, or their spouses) who hold a 1% or greater interest in leased property
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Requires disclosure of the lessor's identity, broker identity and fees, and rent amounts within 30 days of signing a lease, amendment, extension, or sublease
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State agency lease information must be posted on the department's website; local government and school corporation lease information must be filed with the State Board of Accounts
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Annual reports on lease disclosures must be filed by August 15 each year starting in 2014, with compiled public reports due by October 1
Legislative Description
Disclosure of lessors in government leases.
Last Action
First reading: referred to Committee on Government and Regulatory Reform
1/10/2013