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IN HJR0002

Joint Resolution

Status

Introduced

1/15/2020

Primary Sponsor

Ryan Dvorak

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Origin

House of Representatives

2020 Regular Session

AI Summary

Legislative Description

Establishes the Indiana permanent fund (fund) in the state treasury. Provides that the fund consists of: (1) 50% or such other greater percentage established by law of any general fund budget surplus realized during a state fiscal year; (2) appropriations made to the fund; and (3) other sources designated by law. Requires income from the fund to be reinvested in the fund. Authorizes the payment of dividends from the income to eligible recipients. Provides that, to be eligible to receive a dividend payment from the fund, a person must have voted in the most recent general election in which the

Last Action

First reading: referred to Committee on Ways and Means

1/15/2020

Committee Referrals

Ways and Means1/15/2020

Full Bill Text

No bill text available