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IN HB1141
Bill
Status
1/5/2017
Primary Sponsor
Mike Braun
Click for details
AI Summary
HB 1141 - Regional Infrastructure Development
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Authorizes regional development authorities (RDAs) to apply for federal transportation grants, including FASTLANE grants from the Federal Highway Administration and other federal grant programs for highway funding.
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Allows RDAs to enter supplemental funding agreements with INDOT or political subdivisions to contribute local matching funds for the nonfederal share of regional transportation infrastructure projects.
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Enables counties and municipalities participating in an RDA to transfer funds from their general funds, rainy day funds, or other available funds to the RDA for infrastructure purposes.
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Permits property owners to make voluntary contributions through property tax levies (ranging from $0.05 to $0.50 per $100 of assessed valuation) and authorizes counties to hold referendums for supplemental transportation infrastructure funding levies.
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Directs INDOT to give special priority in its long-range construction program to projects where an RDA has committed to provide local matching funds under a supplemental funding agreement.
Legislative Description
Regional infrastructure development. Authorizes a regional development authority (RDA) to apply for a "FASTLANE" grant from the Federal Highway Administration (or a grant from any other federal grant program) for highway funding. Authorizes an RDA to enter into a supplemental funding agreement with the Indiana department of transportation (INDOT) or a political subdivision to contribute local matching funds to be used to pay a part or all of the nonfederal share of the costs necessary to carry out regional transportation infrastructure projects. Allows INDOT, when determining its long range construction program, to give special priority to construction projects for which
Last Action
Representative Goodin added as coauthor
2/16/2017