IN HB1370

Adds federally recognized Indian tribes and regional development authorities/regional planning commissions to the list of entities that may enter into interlocal cooperation agreements, effective July 1, 2020

Allows two or more eligible units (counties, consolidated cities, second or third class cities) within a single county or contiguous counties to jointly establish land banks through interlocal agreements to manage distressed real property

Clarifies that land bank territory for joint land banks covers all participating eligible units, excluding any municipality that has separately established its own land bank

Requires interlocal agreements establishing joint land banks to specify the number of board directors, any ex officio directors, and the appointing authority for each appointed director

Expands the definition of "economic development entity" eligible for cooperative agreements to include regional development authorities under IC 36-7.5 or IC 36-7.6 and regional planning commissions under IC 36-7-7 or IC 36-7-7.6