*SB0390.1*
January 26, 2022
SENATE BILL No. 390
_____
DIGEST OF SB 390 (Updated January 25, 2022 11:48 am - DI 129)
Citations Affected: IC 6-1.1; IC 6-9.
Synopsis: Food and beverage and innkeeper's taxes. Requires each
local unit that imposes an innkeeper's tax or food and beverage tax to
annually report information concerning distributions and expenditures
of amounts received from the innkeeper's tax or food and beverage tax.
Extends the Nashville food and beverage tax expiration date from July
1, 2023, to July 1, 2043. Provides that food and beverage taxes
currently authorized under IC 6-9 and that do not otherwise contain an
expiration date (other than the stadium and convention building
authority food and beverage tax and the historic hotels food and
beverage tax) shall expire on the later of: (1) January 1, 2042; or (2) the
date on which all bonds or lease agreements outstanding on March 15,
2022, are completely paid. Requires each local unit that imposes a food
and beverage tax that is subject to the expiration provision to provide
to the department of local government finance (department) a list of
each bond or lease agreement outstanding on March 15, 2022, and the
date on which each will be completely paid. Requires the department
to publish the information on the gateway Internet web site. Declares
the intention of the general assembly to only authorize local units to
impose new food and beverage taxes based on specified criteria.
Effective: Upon passage.
Gaskill, Holdman, Buchanan
January 11, 2022, read first time and referred to Committee on Tax and Fiscal Policy.
January 25, 2022, amended, reported favorably — Do Pass.
SB 390—LS 6928/DI 120 January 26, 2022
Second Regular Session of the 122nd General Assembly (2022)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
Constitution) is being amended, the text of the existing provision will appear in this style type,
additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional
provision adopted), the text of the new provision will appear in this style type. Also, the
word NEW will appear in that style type in the introductory clause of each SECTION that adds
a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
between statutes enacted by the 2021 Regular Session of the General Assembly.
SENATE BILL No. 390
A BILL FOR AN ACT to amend the Indiana Code concerning
taxation.
Be it enacted by the General Assembly of the State of Indiana:
1 SECTION 1. IC 6-1.1-30-18 IS ADDED TO THE INDIANA CODE
2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
3 UPON PASSAGE]: Sec. 18. (a) Before March 1, 2023, and before
4 March 1 of every year thereafter, each local unit that imposes an
5 innkeeper's tax or a food and beverage tax under IC 6-9 shall
6 provide a report to the department of local government finance
7 that includes:
8 (1) every expenditure of funds by the local unit;
9 (2) each local governmental entity, or instrumentality of a
10 local governmental entity, that received a distribution; and
11 (3) every expenditure of funds by each local governmental
12 entity described in subdivision (2);
13 from amounts received from the innkeeper's tax or food and
14 beverage tax imposed by the local unit during the previous
15 calendar year.
16 (b) The report required under subsection (a) must include for
17 each expenditure, distribution, or payment:
SB 390—LS 6928/DI 120 2
1 (1) the date and amount of the check, expenditure,
2 distribution, or payment;
3 (2) the payee or recipient;
4 (3) the specific purpose, including whether the check,
5 expenditure, distribution, or payment was for an employee
6 salary or a capital project; and
7 (4) if applicable, a description of the project for which the
8 check, expenditure, distribution, or payment was made.
9 (c) The report required under subsection (a) must be in a format
10 and on a form prescribed by the department of local government
11 finance.
12 (d) The department of local government finance shall post a
13 report received under subsection (a) on the department's computer
14 gateway.
15 SECTION 2. IC 6-9-20-12 IS ADDED TO THE INDIANA CODE
16 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
17 UPON PASSAGE]: Sec. 12. (a) The tax authorized under this
18 chapter expires on the later of:
19 (1) January 1, 2042; or
20 (2) the date on which all bonds or lease agreements
21 outstanding on March 15, 2022, for which a pledge of tax
22 revenue is made under this chapter are completely paid.
23 (b) Not later than December 31, 2022, the fiscal officer of the
24 county shall provide to the department of local government
25 finance:
26 (1) a list of each bond or lease agreement outstanding on
27 March 15, 2022, for which a pledge of tax revenue is made
28 under this chapter; and
29 (2) the date on which each bond or lease agreement identified
30 in subdivision (1) will be completely paid.
31 The department of local government finance shall publish the
32 information received under this subsection on the department's
33 interactive and searchable Internet web site containing local
34 government information (the Indiana gateway for governmental
35 units).
36 SECTION 3. IC 6-9-21-10 IS ADDED TO THE INDIANA CODE
37 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
38 UPON PASSAGE]: Sec. 10. (a) The tax authorized under this
39 chapter expires on the later of:
40 (1) January 1, 2042; or
41 (2) the date on which all bonds or lease agreements
42 outstanding on March 15, 2022, for which a pledge of tax
SB 390—LS 6928/DI 120 3
1 revenue is made under this chapter are completely paid.
2 (b) Not later than December 31, 2022, the fiscal officer of the
3 county shall provide to the department of local government
4 finance:
5 (1) a list of each bond or lease agreement outstanding on
6 March 15, 2022, for which a pledge of tax revenue is made
7 under this chapter; and
8 (2) the date on which each bond or lease agreement identified
9 in subdivision (1) will be completely paid.
10 The department of local government finance shall publish the
11 information received under this subsection on the department's
12 interactive and searchable Internet web site containing local
13 government information (the Indiana gateway for governmental
14 units).
15 SECTION 4. IC 6-9-24-9, AS AMENDED BY P.L.165-2021,
16 SECTION 124, IS AMENDED TO READ AS FOLLOWS
17 [EFFECTIVE UPON PASSAGE]: Sec. 9. (a) If the tax is imposed by
18 a municipality under this chapter, the tax terminates January 1, 2023.
19 2043.
20 (b) This chapter expires July 1, 2023. 2043.
21 SECTION 5. IC 6-9-25-16 IS ADDED TO THE INDIANA CODE
22 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
23 UPON PASSAGE]: Sec. 16. (a) Subject to section 3(d) of this
24 chapter, the tax authorized under this chapter expires on the later
25 of:
26 (1) January 1, 2042; or
27 (2) the date on which all bonds or lease agreements
28 outstanding on March 15, 2022, for which a pledge of tax
29 revenue is made under this chapter are completely paid.
30 (b) Not later than December 31, 2022, the fiscal officer of the
31 county shall provide to the department of local government
32 finance:
33 (1) a list of each bond or lease agreement outstanding on
34 March 15, 2022, for which a pledge of tax revenue is made
35 under this chapter; and
36 (2) the date on which each bond or lease agreement identified
37 in subdivision (1) will be completely paid.
38 The department of local government finance shall publish the
39 information received under this subsection on the department's
40 interactive and searchable Internet web site containing local
41 government information (the Indiana gateway for governmental
42 units).
SB 390—LS 6928/DI 120 4
1 SECTION 6. IC 6-9-26-17 IS ADDED TO THE INDIANA CODE
2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
3 UPON PASSAGE]: Sec. 17. (a) The tax authorized under this
4 chapter expires on the later of:
5 (1) January 1, 2042; or
6 (2) the date on which all bonds or lease agreements
7 outstanding on March 15, 2022, for which a pledge of tax
8 revenue is made under this chapter are completely paid.
9 (b) Not later than December 31, 2022, the fiscal officer of the
10 county shall provide to the department of local government
11 finance:
12 (1) a list of each bond or lease agreement outstanding on
13 March 15, 2022, for which a pledge of tax revenue is made
14 under this chapter; and
15 (2) the date on which each bond or lease agreement identified
16 in subdivision (1) will be completely paid.
17 The department of local government finance shall publish the
18 information received under this subsection on the department's
19 interactive and searchable Internet web site containing local
20 government information (the Indiana gateway for governmental
21 units).
22 SECTION 7. IC 6-9-27-11 IS ADDED TO THE INDIANA CODE
23 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
24 UPON PASSAGE]: Sec. 11. (a) A tax authorized under this chapter
25 expires on the later of:
26 (1) January 1, 2042; or
27 (2) the date on which all bonds or lease agreements
28 outstanding on March 15, 2022, for which a pledge of tax
29 revenue is made under this chapter are completely paid.
30 (b) Not later than December 31, 2022, the fiscal officer of the
31 municipality shall provide to the department of local government
32 finance:
33 (1) a list of each bond or lease agreement outstanding on
34 March 15, 2022, for which a pledge of tax revenue is made
35 under this chapter; and
36 (2) the date on which each bond or lease agreement identified
37 in subdivision (1) will be completely paid.
38 The department of local government finance shall publish the
39 information received under this subsection on the department's
40 interactive and searchable Internet web site containing local
41 government information (the Indiana gateway for governmental
42 units).
SB 390—LS 6928/DI 120 5
1 SECTION 8. IC 6-9-29.5-0.5 IS ADDED TO THE INDIANA
2 CODE AS A NEW SECTION TO READ AS FOLLOWS
3 [EFFECTIVE UPON PASSAGE]: Sec. 0.5. (a) As used in this section,
4 "local unit" means a county, city, or town.
5 (b) It is the declared intention of the general assembly to only
6 authorize a local unit to impose a new food and beverage tax under
7 this article based on the following criteria:
8 (1) Food and beverage tax revenue should only be used for
9 tourism or quality of life purposes, including but not limited
10 to:
11 (A) mixed use development projects;
12 (B) quality public spaces;
13 (C) broadband;
14 (D) multiple transportation options;
15 (E) multiple housing options;
16 (F) revitalization of historic, blighted, or vacant properties;
17 (G) arts, culture, and creativity; and
18 (H) recreation and green spaces.
19 (2) The fiscal body of a local unit wishing to impose a new
20 food and beverage tax after June 30, 2022, must first adopt a
21 resolution requesting the general assembly to enact legislation
22 to authorize the food and beverage tax.
23 (3) The general assembly should give preference to requests
24 from local units in which the fiscal body of the local unit has
25 held a series of public hearings on the imposition of a new
26 food and beverage tax in the community before adopting the
27 resolution to request the general assembly to enact legislation
28 authorizing the tax under subdivision (2).
29 (4) Any new food and beverage tax authorized under this
30 article must expire on January 1 of the year following the
31 twentieth calendar year in which the food and beverage tax is
32 imposed during any part of the year.
33 (5) A local unit that imposes a new food and beverage tax
34 shall be subject to the reporting requirements set forth in
35 IC 6-1.1-30-18.
36 SECTION 9. IC 6-9-36-9 IS ADDED TO THE INDIANA CODE
37 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
38 UPON PASSAGE]: Sec. 9. (a) A tax authorized under this chapter
39 expires on the later of:
40 (1) January 1, 2042; or
41 (2) the date on which all bonds or lease agreements
42 outstanding on March 15, 2022, for which a pledge of tax
SB 390—LS 6928/DI 120 6
1 revenue is made under this chapter are completely paid.
2 (b) Not later than December 31, 2022, each fiscal officer of a
3 county that imposes a food and beverage tax under this chapter
4 shall provide to the department of local government finance:
5 (1) a list of each bond or lease agreement outstanding on
6 March 15, 2022, for which a pledge of tax revenue is made
7 under this chapter; and
8 (2) the date on which each bond or lease agreement identified
9 in subdivision (1) will be completely paid.
10 The department of local government finance shall publish the
11 information received under this subsection on the department's
12 interactive and searchable Internet web site containing local
13 government information (the Indiana gateway for governmental
14 units).
15 SECTION 10. IC 6-9-38-27 IS ADDED TO THE INDIANA CODE
16 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
17 UPON PASSAGE]: Sec. 27. (a) Subject to section 26 of this chapter,
18 a tax authorized under this chapter expires on the later of:
19 (1) January 1, 2042; or
20 (2) the date on which all bonds or lease agreements
21 outstanding on March 15, 2022, for which a pledge of tax
22 revenue is made under this chapter are completely paid.
23 (b) Not later than December 31, 2022, the fiscal officer of the
24 county and the fiscal officer of each unit that imposes a food and
25 beverage tax under this chapter shall provide to the department of
26 local government finance:
27 (1) a list of each bond or lease agreement outstanding on
28 March 15, 2022, for which a pledge of tax revenue is made
29 under this chapter; and
30 (2) the date on which each bond or lease agreement identified
31 in subdivision (1) will be completely paid.
32 The department of local government finance shall publish the
33 information received under this subsection on the department's
34 interactive and searchable Internet web site containing local
35 government information (the Indiana gateway for governmental
36 units).
37 SECTION 11. IC 6-9-40-12 IS ADDED TO THE INDIANA CODE
38 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
39 UPON PASSAGE]: Sec. 12. (a) The tax authorized under this
40 chapter expires on the later of:
41 (1) January 1, 2042; or
42 (2) the date on which all bonds or lease agreements
SB 390—LS 6928/DI 120 7
1 outstanding on March 15, 2022, for which a pledge of tax
2 revenue is made under this chapter are completely paid.
3 (b) Not later than December 31, 2022, the fiscal officer of the
4 county and the fiscal officer of the city of Angola shall provide to
5 the department of local government finance:
6 (1) a list of each bond or lease agreement outstanding on
7 March 15, 2022, for which a pledge of tax revenue is made
8 under this chapter; and
9 (2) the date on which each bond or lease agreement identified
10 in subdivision (1) will be completely paid.
11 The department of local government finance shall publish the
12 information received under this subsection on the department's
13 interactive and searchable Internet web site containing local
14 government information (the Indiana gateway for governmental
15 units).
16 SECTION 12. IC 6-9-41-17 IS ADDED TO THE INDIANA CODE
17 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
18 UPON PASSAGE]: Sec. 17. (a) The tax authorized under this
19 chapter expires on the later of:
20 (1) January 1, 2042; or
21 (2) the date on which all bonds or lease agreements
22 outstanding on March 15, 2022, for which a pledge of tax
23 revenue is made under this chapter are completely paid.
24 (b) Not later than December 31, 2022, the fiscal officer of the
25 county and the fiscal officer of the city shall provide to the
26 department of local government finance:
27 (1) a list of each bond or lease agreement outstanding on
28 March 15, 2022, for which a pledge of tax revenue is made
29 under this chapter; and
30 (2) the date on which each bond or lease agreement identified
31 in subdivision (1) will be completely paid.
32 The department of local government finance shall publish the
33 information received under this subsection on the department's
34 interactive and searchable Internet web site containing local
35 government information (the Indiana gateway for governmental
36 units).
37 SECTION 13. IC 6-9-43-10 IS ADDED TO THE INDIANA CODE
38 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
39 UPON PASSAGE]: Sec. 10. (a) The tax authorized under this
40 chapter expires on the later of:
41 (1) January 1, 2042; or
42 (2) the date on which all bonds or lease agreements
SB 390—LS 6928/DI 120 8
1 outstanding on March 15, 2022, for which a pledge of tax
2 revenue is made under this chapter are completely paid.
3 (b) Not later than December 31, 2022, the fiscal officer of the
4 town shall provide to the department of local government finance:
5 (1) a list of each bond or lease agreement outstanding on
6 March 15, 2022, for which a pledge of tax revenue is made
7 under this chapter; and
8 (2) the date on which each bond or lease agreement identified
9 in subdivision (1) will be completely paid.
10 The department of local government finance shall publish the
11 information received under this subsection on the department's
12 interactive and searchable Internet web site containing local
13 government information (the Indiana gateway for governmental
14 units).
15 SECTION 14. IC 6-9-44-11 IS ADDED TO THE INDIANA CODE
16 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
17 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
18 chapter expires on the later of:
19 (1) January 1, 2042; or
20 (2) the date on which all bonds or lease agreements
21 outstanding on March 15, 2022, for which a pledge of tax
22 revenue is made under this chapter are completely paid.
23 (b) Not later than December 31, 2022, the fiscal officer of the
24 town shall provide to the department of local government finance:
25 (1) a list of each bond or lease agreement outstanding on
26 March 15, 2022, for which a pledge of tax revenue is made
27 under this chapter; and
28 (2) the date on which each bond or lease agreement identified
29 in subdivision (1) will be completely paid.
30 The department of local government finance shall publish the
31 information received under this subsection on the department's
32 interactive and searchable Internet web site containing local
33 government information (the Indiana gateway for governmental
34 units).
35 SECTION 15. IC 6-9-45-11 IS ADDED TO THE INDIANA CODE
36 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
37 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
38 chapter expires on the later of:
39 (1) January 1, 2042; or
40 (2) the date on which all bonds or lease agreements
41 outstanding on March 15, 2022, for which a pledge of tax
42 revenue is made under this chapter are completely paid.
SB 390—LS 6928/DI 120 9
1 (b) Not later than December 31, 2022, the fiscal officer of the
2 town shall provide to the department of local government finance:
3 (1) a list of each bond or lease agreement outstanding on
4 March 15, 2022, for which a pledge of tax revenue is made
5 under this chapter; and
6 (2) the date on which each bond or lease agreement identified
7 in subdivision (1) will be completely paid.
8 The department of local government finance shall publish the
9 information received under this subsection on the department's
10 interactive and searchable Internet web site containing local
11 government information (the Indiana gateway for governmental
12 units).
13 SECTION 16. IC 6-9-47.5-11 IS ADDED TO THE INDIANA
14 CODE AS A NEW SECTION TO READ AS FOLLOWS
15 [EFFECTIVE UPON PASSAGE]: Sec. 11. (a) The tax authorized
16 under this chapter expires on the later of:
17 (1) January 1, 2042; or
18 (2) the date on which all bonds or lease agreements
19 outstanding on March 15, 2022, for which a pledge of tax
20 revenue is made under this chapter are completely paid.
21 (b) Not later than December 31, 2022, the fiscal officer of the
22 county shall provide to the department of local government
23 finance:
24 (1) a list of each bond or lease agreement outstanding on
25 March 15, 2022, for which a pledge of tax revenue is made
26 under this chapter; and
27 (2) the date on which each bond or lease agreement identified
28 in subdivision (1) will be completely paid.
29 The department of local government finance shall publish the
30 information received under this subsection on the department's
31 interactive and searchable Internet web site containing local
32 government information (the Indiana gateway for governmental
33 units).
34 SECTION 17. IC 6-9-49-11 IS ADDED TO THE INDIANA CODE
35 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
36 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
37 chapter expires on the later of:
38 (1) January 1, 2042; or
39 (2) the date on which all bonds or lease agreements
40 outstanding on March 15, 2022, for which a pledge of tax
41 revenue is made under this chapter are completely paid.
42 (b) Not later than December 31, 2022, the fiscal officer of the
SB 390—LS 6928/DI 120 10
1 city shall provide to the department of local government finance:
2 (1) a list of each bond or lease agreement outstanding on
3 March 15, 2022, for which a pledge of tax revenue is made
4 under this chapter; and
5 (2) the date on which each bond or lease agreement identified
6 in subdivision (1) will be completely paid.
7 The department of local government finance shall publish the
8 information received under this subsection on the department's
9 interactive and searchable Internet web site containing local
10 government information (the Indiana gateway for governmental
11 units).
12 SECTION 18. IC 6-9-50-11 IS ADDED TO THE INDIANA CODE
13 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
14 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
15 chapter expires on the later of:
16 (1) January 1, 2042; or
17 (2) the date on which all bonds or lease agreements
18 outstanding on March 15, 2022, for which a pledge of tax
19 revenue is made under this chapter are completely paid.
20 (b) Not later than December 31, 2022, the fiscal officer of the
21 town shall provide to the department of local government finance:
22 (1) a list of each bond or lease agreement outstanding on
23 March 15, 2022, for which a pledge of tax revenue is made
24 under this chapter; and
25 (2) the date on which each bond or lease agreement identified
26 in subdivision (1) will be completely paid.
27 The department of local government finance shall publish the
28 information received under this subsection on the department's
29 interactive and searchable Internet web site containing local
30 government information (the Indiana gateway for governmental
31 units).
32 SECTION 19. IC 6-9-51-11 IS ADDED TO THE INDIANA CODE
33 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
34 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
35 chapter expires on the later of:
36 (1) January 1, 2042; or
37 (2) the date on which all bonds or lease agreements
38 outstanding on March 15, 2022, for which a pledge of tax
39 revenue is made under this chapter are completely paid.
40 (b) Not later than December 31, 2022, the fiscal officer of the
41 city shall provide to the department of local government finance:
42 (1) a list of each bond or lease agreement outstanding on
SB 390—LS 6928/DI 120 11
1 March 15, 2022, for which a pledge of tax revenue is made
2 under this chapter; and
3 (2) the date on which each bond or lease agreement identified
4 in subdivision (1) will be completely paid.
5 The department of local government finance shall publish the
6 information received under this subsection on the department's
7 interactive and searchable Internet web site containing local
8 government information (the Indiana gateway for governmental
9 units).
10 SECTION 20. IC 6-9-52-11 IS ADDED TO THE INDIANA CODE
11 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
12 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
13 chapter expires on:
14 (1) January 1, 2042; or
15 (2) the date on which all bonds or lease agreements
16 outstanding on March 15, 2022, for which a pledge of tax
17 revenue is made under this chapter are completely paid.
18 (b) Not later than December 31, 2022, the fiscal officer of the
19 town shall provide to the department of local government finance:
20 (1) a list of each bond or lease agreement outstanding on
21 March 15, 2022, for which a pledge of tax revenue is made
22 under this chapter; and
23 (2) the date on which each bond or lease agreement identified
24 in subdivision (1) will be completely paid.
25 The department of local government finance shall publish the
26 information received under this subsection on the department's
27 interactive and searchable Internet web site containing local
28 government information (the Indiana gateway for governmental
29 units).
30 SECTION 21. An emergency is declared for this act.
SB 390—LS 6928/DI 120 12
COMMITTEE REPORT
Madam President: The Senate Committee on Tax and Fiscal Policy,
to which was referred Senate Bill No. 390, has had the same under
consideration and begs leave to report the same back to the Senate with
the recommendation that said bill be AMENDED as follows:
Replace the effective dates in SECTIONS 3 through 8 with
"[EFFECTIVE UPON PASSAGE]".
Replace the effective dates in SECTIONS 10 through 16 with
"[EFFECTIVE UPON PASSAGE]".
Replace the effective dates in SECTIONS 18 through 22 with
"[EFFECTIVE UPON PASSAGE]".
Page 1, line 3, delete "October 1, 2022," and insert "March 1,
2023,".
Page 1, line 4, delete "June 1" and insert "March 1".
Page 2, delete lines 15 through 42.
Page 3, delete lines 1 through 2.
Page 3, line 5, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 3, line 7, delete "2029;" and insert "2042;".
Page 3, delete lines 8 through 10, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 3, delete lines 14 through 16, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 3, line 26, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 3, line 28, delete "2029;" and insert "2042;".
Page 3, delete lines 29 through 31, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 3, delete lines 35 through 37, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
SB 390—LS 6928/DI 120 13
under this chapter; and".
Page 4, between lines 2 and 3, begin a new paragraph and insert:
"SECTION 4. IC 6-9-24-9, AS AMENDED BY P.L.165-2021,
SECTION 124, IS AMENDED TO READ AS FOLLOWS
[EFFECTIVE UPON PASSAGE]: Sec. 9. (a) If the tax is imposed by
a municipality under this chapter, the tax terminates January 1, 2023.
2043.
(b) This chapter expires July 1, 2023. 2043.".
Page 4, line 5, delete "and".
Page 4, line 6, delete "IC 6-1.1-30-19".
Page 4, line 8, delete "2029;" and insert "2042;".
Page 4, delete lines 9 through 11, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 4, delete lines 15 through 17, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 4, line 27, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 4, line 29, delete "2029;" and insert "2042;".
Page 4, delete lines 30 through 32, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 4, delete lines 36 through 38, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 5, line 6, delete "Subject to IC 6-1.1-30-19, a" and insert "A".
Page 5, line 8, delete "2029;" and insert "2042;".
Page 5, delete lines 9 through 11, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 5, delete lines 15 through 17, begin a new line block indented
SB 390—LS 6928/DI 120 14
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 6, line 12, delete ", subject to IC 6-1.1-30-19,".
Page 6, line 13, delete "seventh" and insert "twentieth".
Page 6, delete lines 18 through 41.
Page 7, line 2, delete "Subject to IC 6-1.1-30-19, a" and insert "A".
Page 7, line 4, delete "2029;" and insert "2042;".
Page 7, delete lines 5 through 7, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 7, delete lines 11 through 13, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 7, line 23, delete "and".
Page 7, line 24, delete "IC 6-1.1-30-19".
Page 7, line 26, delete "2029;" and insert "2042;".
Page 7, delete lines 27 through 29, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 7, delete lines 34 through 36, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 8, line 4, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 8, line 6, delete "2029;" and insert "2042;".
Page 8, delete lines 7 through 9, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 8, delete lines 13 through 15, begin a new line block indented
and insert:
SB 390—LS 6928/DI 120 15
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 8, line 25, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 8, line 27, delete "2029;" and insert "2042;".
Page 8, delete lines 28 through 30, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 8, delete lines 34 through 36, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 9, line 4, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 9, line 6, delete "2029;" and insert "2042;".
Page 9, delete lines 7 through 9, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 9, delete lines 12 through 14, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 9, line 24, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 9, line 26, delete "2029;" and insert "2042;".
Page 9, delete lines 27 through 29, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 9, delete lines 32 through 34, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
SB 390—LS 6928/DI 120 16
Page 10, line 2, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 10, line 4, delete "2029;" and insert "2042;".
Page 10, delete lines 5 through 7, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 10, delete lines 10 through 12, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 10, delete lines 20 through 40.
Page 11, line 1, delete "Subject to IC 6-1.1-30-19,".
Page 11, line 2, delete "the tax" and insert "The tax".
Page 11, line 3, delete "2029;" and insert "2042;".
Page 11, delete lines 4 through 6, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 11, delete lines 10 through 12, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 11, line 22, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 11, line 24, delete "2029;" and insert "2042;".
Page 11, delete lines 25 through 27, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 11, delete lines 30 through 32, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 11, line 42, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
SB 390—LS 6928/DI 120 17
Page 12, line 2, delete "2029;" and insert "2042;".
Page 12, delete lines 3 through 5, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 12, delete lines 8 through 10, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 12, line 20, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 12, line 22, delete "2029;" and insert "2042;".
Page 12, delete lines 23 through 25, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 12, delete lines 28 through 30, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Page 12, line 40, delete "Subject to IC 6-1.1-30-19, the" and insert
"The".
Page 12, line 42, delete "2029;" and insert "2042;".
Page 13, delete lines 1 through 3, begin a new line block indented
and insert:
"(2) the date on which all bonds or lease agreements
outstanding on March 15, 2022, for which a pledge of tax
revenue is made under this chapter are completely paid.".
Page 13, delete lines 6 through 8, begin a new line block indented
and insert:
"(1) a list of each bond or lease agreement outstanding on
March 15, 2022, for which a pledge of tax revenue is made
under this chapter; and".
Renumber all SECTIONS consecutively.
and when so amended that said bill do pass.
SB 390—LS 6928/DI 120 18
(Reference is to SB 390 as introduced.)
HOLDMAN, Chairperson
Committee Vote: Yeas 8, Nays 3.
SB 390—LS 6928/DI 120