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IN HB1286
Bill
Status
4/25/2017
Primary Sponsor
Steven Stemler
Click for details
AI Summary
HEA 1286 Summary
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Amends Indiana Code regarding development authority powers, effective July 1, 2017.
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Requires eminent domain approval from the municipality or county legislative body where property is located before a development authority can condemn property.
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Authorizes development authorities to finance, construct, lease, and improve regional projects including transportation infrastructure, airports, trails, and economic development initiatives.
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Permits development authorities to make loans, grants, and provide financial assistance to transportation districts, airport authorities, counties, and municipalities.
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Allows development authorities to accept federal and state funding and use local funds to match grants or provide financial assistance for authorized projects.
Legislative Description
Regional development authorities. Provides that the exercise of the power of eminent domain by a regional development authority (other than the northwest Indiana regional development authority) is subject to the approval of the legislative body of the municipality in which the property is located or, if the property is not located within a municipality, the legislative body of the county in which the property is located.
Last Action
Public Law 178
4/25/2017