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IN HB1290
Bill
Status
3/24/2016
Primary Sponsor
Timothy Brown
Click for details
AI Summary
HEA 1290 Summary
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Reorganizes riverboat admissions tax distribution provisions in Indiana Code by consolidating Lake County riverboat tax allocations into a dedicated new section organized by individual riverboat.
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Allocates admissions tax revenue paid to the northwest Indiana regional development authority equally among the four Lake County riverboats to satisfy Lake County's funding obligations under IC 36-7.5-4-2.
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Changes the deadline for supplemental distribution payments from September 15 to July 15 of each year for entities receiving riverboat admissions tax revenue.
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Repeals outdated property tax assessment provisions (IC 6-1.1-4-43 and 6-1.1-4-44) related to big box retail buildings and commercial non-income producing real property effective January 1, 2016.
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Establishes a County Misdemeanant Fund to provide baseline funding for county jail operations with minimum allocation amounts and multipliers based on each county's state fiscal year 1998 funding level.
Legislative Description
State and local administration. Reorganizes the statutes concerning riverboat admissions tax distributions by: (1) moving distribution provisions for the Lake County riverboats into a new section organized by riverboat; and (2) moving into a new section provisions concerning the use of admissions tax revenue and the supplemental distribution. Allocates the admissions tax revenue that is paid to the northwest Indiana redevelopment authority (RDA) in satisfaction of Lake County's obligations to the authority equally among the four riverboats operating in Lake County. Changes the deadline for paying the supplemental distribution from September 15 to July 15. Provides for quarterly payments of
Last Action
Public Law 204
3/24/2016