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IN HB1505
Bill
Status
4/27/2015
Primary Sponsor
Heath VanNatter
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AI Summary
HEA 1505 Summary
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Amends Indiana Code provisions governing the sale or disposition of nonsurplus municipally owned water, wastewater, or combined water and wastewater utility property, effective July 1, 2015.
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Extends the deadline for the municipal legislative body to hold a public hearing on the proposed sale from 45 days to 90 days after the appraisal is returned.
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Allows the legislative body to adopt an ordinance for the sale or disposition between 30 and 60 days after the public hearing, rather than being required to do so within a specific timeframe.
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Establishes a 30-day petition period for registered voters to challenge the sale by petition, with signature requirements varying by municipality size (30% for municipalities under 1,000 voters down to 5% for those over 25,000 voters).
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Provides that ordinances adopted before July 1, 2015, under the previous procedures are legalized and validated, and cannot be challenged under the new petition provisions after June 30, 2015.
Legislative Description
Sale of nonsurplus municipal water utility property. Amends the procedures for the sale or disposition of nonsurplus municipally owned water, wastewater, or combined water and wastewater utility property as follows: (1) Provides that the municipal legislative body shall hold the required hearing on the sale or disposition not later than 90 days (instead of 45 days under current law) after the return of the appraisal concerning the property. (2) Provides that the legislative body may adopt an ordinance providing for the sale or disposition not less than 30 days or more than 60 days after the date of the required
Last Action
Public Law 68
4/27/2015