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IN HB1487
Bill
Status
1/18/2017
Primary Sponsor
Holli Sullivan
Click for details
AI Summary
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Authorizes Vanderburgh County council to impose an additional local income tax of up to 0.25% for public safety purposes.
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Tax revenue may be used to finance, construct, acquire, improve, renovate, and operate county jail and juvenile detention facilities, including related buildings, land acquisition, and demolition costs.
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Revenue can be pledged to pay bonds and leases issued before or after July 1, 2017, for jail and detention facility purposes, and to cover operational or capital expenses of the sheriff's office, jail, and detention facilities.
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County council may allocate a portion of additional revenue to towns and townships in the county that provide public safety services.
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All revenue must be deposited in a dedicated public safety fund and may be collected for no more than 30 years; revenue does not count toward property tax levy limits.
Legislative Description
Vanderburgh County local income tax. Authorizes the county council of Vanderburgh County to impose an additional local income tax rate of not more than 0.25% to be used to: (1) pay the costs of a county jail and juvenile detention facilities, and related costs; (2) pay bonds issued after June 30, 2017, or leases entered into after June 30, 2017, for such purposes; (3) pay bonds that were issued before July 1, 2017, or leases that were entered into before July 1, 2017, for a county jail and juvenile detention facilities operated by the county as of July 1, 2017;
Last Action
First reading: referred to Committee on Ways and Means
1/18/2017