Indiana 2023 Regular Session

Indiana Senate Bill SB0037 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	SB0037.2
2		-	Reprinted
3		-	January 24, 2023
	1	+	SB0037.1
	2	+	January 18, 2023
4	3		SENATE BILL No. 37
5	4		_____
6		-	DIGEST OF SB 37 (Updated January 23, 2023 2:~~49 pm~~ - DI ~~120~~)
	5	+	DIGEST OF SB 37 (Updated January 17, 2023 11:29 am - DI 129)
7	6		Citations Affected: IC 6-1.1; IC 6-9.
8	7		Synopsis: Food and beverage taxes. Requires each local unit that
9	8		imposes a food and beverage tax to annually report information
10	9		concerning distributions and expenditures of amounts received from
11	10		the food and beverage tax. Provides that food and beverage taxes
12	11		currently authorized under IC 6-9 and that do not otherwise contain an
13	12		expiration date (other than the stadium and convention building
14	13		authority food and beverage tax and the historic hotels food and
15	14		beverage tax) shall expire on the later of: (1) January 1, 2045; or (2) the
16	15		date on which all bonds or lease agreements outstanding on May 7,
17	16		2023, are completely paid. Requires each local unit that imposes a food
18	17		and beverage tax that is subject to the expiration provision to provide
19	18		to the department of local government finance (department) a list of
20	19		each bond or lease agreement outstanding on May 7, 2023, and the date
21	20		on which each will be completely paid. Requires the department to
22	21		publish the information on the gateway website. Declares the intention
23	22		of the general assembly to only authorize local units to impose new
24	23		food and beverage taxes based on specified criteria.
25	24		Effective: Upon passage.
26	25		Gaskill, Holdman
27	26		January 9, 2023, read first time and referred to Committee on Tax and Fiscal Policy.
28	27		January 17, 2023, amended, reported favorably — Do Pass.
29		-	January 23, 2023, read second time, amended, ordered engrossed.
30		-	SB 37—LS 6363/DI 129 Reprinted
31		-	January 24, 2023
	28	+	SB 37—LS 6363/DI 129 January 18, 2023
32	29		First Regular Session of the 123rd General Assembly (2023)
33	30		PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
34	31		Constitution) is being amended, the text of the existing provision will appear in this style type,
35	32		additions will appear in this style type, and deletions will appear in this style type.
36	33		Additions: Whenever a new statutory provision is being enacted (or a new constitutional
37	34		provision adopted), the text of the new provision will appear in this style type. Also, the
38	35		word NEW will appear in that style type in the introductory clause of each SECTION that adds
39	36		a new provision to the Indiana Code or the Indiana Constitution.
40	37		Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
41	38		between statutes enacted by the 2022 Regular Session of the General Assembly.
42	39		SENATE BILL No. 37
43	40		A BILL FOR AN ACT to amend the Indiana Code concerning
44	41		taxation.
45	42		Be it enacted by the General Assembly of the State of Indiana:
46	43		1 SECTION 1. IC 6-1.1-30-18 IS ADDED TO THE INDIANA CODE
47	44		2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
48	45		3 UPON PASSAGE]: Sec. 18. (a) Before March 1, 2024, and before
49	46		4 March 1 of every year thereafter, each local unit that imposes a
50	47		5 food and beverage tax under IC 6-9 shall provide a report to the
51	48		6 department of local government finance that includes:
52	49		7 (1) every expenditure of funds by the local unit;
53	50		8 (2) each local governmental entity, or instrumentality of a
54	51		9 local governmental entity, that received a distribution; and
55	52		10 (3) every expenditure of funds by each local governmental
56	53		11 entity described in subdivision (2);
57	54		12 from amounts received from the food and beverage tax imposed by
58	55		13 the local unit during the previous calendar year.
59	56		14 (b) The report required under subsection (a) must include for
60	57		15 each expenditure, distribution, or payment:
61	58		16 (1) the date and amount of the check, expenditure,
62	59		17 distribution, or payment;
63	60		SB 37—LS 6363/DI 129 2
64	61		1 (2) the payee or recipient;
65	62		2 (3) the specific purpose, including whether the check,
66	63		3 expenditure, distribution, or payment was for an employee
67	64		4 salary or a capital project; and
68	65		5 (4) if applicable, a description of the project for which the
69	66		6 check, expenditure, distribution, or payment was made.
70	67		7 (c) The report required under subsection (a) must be in a format
71	68		8 and on a form prescribed by the department of local government
72	69		9 finance.
73	70		10 (d) The department of local government finance shall post a
74	71		11 report received under subsection (a) on the department's computer
75	72		12 gateway.
76		-	13 (e) The requirements under subsection (a) do not apply to taxes
77		-	14 collected under:
78		-	15 (1) IC 6-9-12 that are distributed to the capital improvement
79		-	16 board of managers created by IC 36-10-9-3;
80		-	17 (2) IC 6-9-35 that are distributed to the capital improvement
81		-	18 board of managers created by IC 36-10-9-3; and
82		-	19 (3) IC 6-9-33 that are distributed to the capital improvement
83		-	20 board of managers created by IC 36-10-8.
84		-	21 SECTION 2. IC 6-9-20-12 IS ADDED TO THE INDIANA CODE
	73	+	13 SECTION 2. IC 6-9-20-12 IS ADDED TO THE INDIANA CODE
	74	+	14 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	75	+	15 UPON PASSAGE]: Sec. 12. (a) The tax authorized under this
	76	+	16 chapter expires on the later of:
	77	+	17 (1) January 1, 2045; or
	78	+	18 (2) the date on which all bonds or lease agreements
	79	+	19 outstanding on May 7, 2023, for which a pledge of tax revenue
	80	+	20 is made under this chapter are completely paid.
	81	+	21 (b) Not later than December 31, 2023, the fiscal officer of the
	82	+	22 county shall provide to the department of local government
	83	+	23 finance:
	84	+	24 (1) a list of each bond or lease agreement outstanding on May
	85	+	25 7, 2023, for which a pledge of tax revenue is made under this
	86	+	26 chapter; and
	87	+	27 (2) the date on which each bond or lease agreement identified
	88	+	28 in subdivision (1) will be completely paid.
	89	+	29 The department of local government finance shall publish the
	90	+	30 information received under this subsection on the department's
	91	+	31 interactive and searchable website containing local government
	92	+	32 information (the Indiana gateway for governmental units).
	93	+	33 SECTION 3. IC 6-9-21-10 IS ADDED TO THE INDIANA CODE
	94	+	34 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	95	+	35 UPON PASSAGE]: Sec. 10. (a) The tax authorized under this
	96	+	36 chapter expires on the later of:
	97	+	37 (1) January 1, 2045; or
	98	+	38 (2) the date on which all bonds or lease agreements
	99	+	39 outstanding on May 7, 2023, for which a pledge of tax revenue
	100	+	40 is made under this chapter are completely paid.
	101	+	41 (b) Not later than December 31, 2023, the fiscal officer of the
	102	+	42 county shall provide to the department of local government
	103	+	SB 37—LS 6363/DI 129 3
	104	+	1 finance:
	105	+	2 (1) a list of each bond or lease agreement outstanding on May
	106	+	3 7, 2023, for which a pledge of tax revenue is made under this
	107	+	4 chapter; and
	108	+	5 (2) the date on which each bond or lease agreement identified
	109	+	6 in subdivision (1) will be completely paid.
	110	+	7 The department of local government finance shall publish the
	111	+	8 information received under this subsection on the department's
	112	+	9 interactive and searchable website containing local government
	113	+	10 information (the Indiana gateway for governmental units).
	114	+	11 SECTION 4. IC 6-9-24-10 IS ADDED TO THE INDIANA CODE
	115	+	12 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	116	+	13 UPON PASSAGE]: Sec. 10. (a) The tax authorized under this
	117	+	14 chapter expires on the later of:
	118	+	15 (1) January 1, 2045; or
	119	+	16 (2) the date on which all bonds or lease agreements
	120	+	17 outstanding on May 7, 2023, for which a pledge of tax revenue
	121	+	18 is made under this chapter are completely paid.
	122	+	19 (b) Not later than December 31, 2023, the fiscal officer of the
	123	+	20 municipality shall provide to the department of local government
	124	+	21 finance:
	125	+	22 (1) a list of each bond or lease agreement outstanding on May
	126	+	23 7, 2023, for which a pledge of tax revenue is made under this
	127	+	24 chapter; and
	128	+	25 (2) the date on which each bond or lease agreement identified
	129	+	26 in subdivision (1) will be completely paid.
	130	+	27 The department of local government finance shall publish the
	131	+	28 information received under this subsection on the department's
	132	+	29 interactive and searchable website containing local government
	133	+	30 information (the Indiana gateway for governmental units).
	134	+	31 SECTION 5. IC 6-9-25-16 IS ADDED TO THE INDIANA CODE
	135	+	32 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	136	+	33 UPON PASSAGE]: Sec. 16. (a) Subject to section 3(d) of this
	137	+	34 chapter, the tax authorized under this chapter expires on the later
	138	+	35 of:
	139	+	36 (1) January 1, 2045; or
	140	+	37 (2) the date on which all bonds or lease agreements
	141	+	38 outstanding on May 7, 2023, for which a pledge of tax revenue
	142	+	39 is made under this chapter are completely paid.
	143	+	40 (b) Not later than December 31, 2023, the fiscal officer of the
	144	+	41 county shall provide to the department of local government
	145	+	42 finance:
	146	+	SB 37—LS 6363/DI 129 4
	147	+	1 (1) a list of each bond or lease agreement outstanding on May
	148	+	2 7, 2023, for which a pledge of tax revenue is made under this
	149	+	3 chapter; and
	150	+	4 (2) the date on which each bond or lease agreement identified
	151	+	5 in subdivision (1) will be completely paid.
	152	+	6 The department of local government finance shall publish the
	153	+	7 information received under this subsection on the department's
	154	+	8 interactive and searchable website containing local government
	155	+	9 information (the Indiana gateway for governmental units).
	156	+	10 SECTION 6. IC 6-9-26-17 IS ADDED TO THE INDIANA CODE
	157	+	11 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	158	+	12 UPON PASSAGE]: Sec. 17. (a) The tax authorized under this
	159	+	13 chapter expires on the later of:
	160	+	14 (1) January 1, 2045; or
	161	+	15 (2) the date on which all bonds or lease agreements
	162	+	16 outstanding on May 7, 2023, for which a pledge of tax revenue
	163	+	17 is made under this chapter are completely paid.
	164	+	18 (b) Not later than December 31, 2023, the fiscal officer of the
	165	+	19 county shall provide to the department of local government
	166	+	20 finance:
	167	+	21 (1) a list of each bond or lease agreement outstanding on May
	168	+	22 7, 2023, for which a pledge of tax revenue is made under this
	169	+	23 chapter; and
	170	+	24 (2) the date on which each bond or lease agreement identified
	171	+	25 in subdivision (1) will be completely paid.
	172	+	26 The department of local government finance shall publish the
	173	+	27 information received under this subsection on the department's
	174	+	28 interactive and searchable website containing local government
	175	+	29 information (the Indiana gateway for governmental units).
	176	+	30 SECTION 7. IC 6-9-27-11 IS ADDED TO THE INDIANA CODE
	177	+	31 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	178	+	32 UPON PASSAGE]: Sec. 11. (a) A tax authorized under this chapter
	179	+	33 expires on the later of:
	180	+	34 (1) January 1, 2045; or
	181	+	35 (2) the date on which all bonds or lease agreements
	182	+	36 outstanding on May 7, 2023, for which a pledge of tax revenue
	183	+	37 is made under this chapter are completely paid.
	184	+	38 (b) Not later than December 31, 2023, the fiscal officer of the
	185	+	39 municipality shall provide to the department of local government
	186	+	40 finance:
	187	+	41 (1) a list of each bond or lease agreement outstanding on May
	188	+	42 7, 2023, for which a pledge of tax revenue is made under this
	189	+	SB 37—LS 6363/DI 129 5
	190	+	1 chapter; and
	191	+	2 (2) the date on which each bond or lease agreement identified
	192	+	3 in subdivision (1) will be completely paid.
	193	+	4 The department of local government finance shall publish the
	194	+	5 information received under this subsection on the department's
	195	+	6 interactive and searchable website containing local government
	196	+	7 information (the Indiana gateway for governmental units).
	197	+	8 SECTION 8. IC 6-9-29.5-0.5 IS ADDED TO THE INDIANA
	198	+	9 CODE AS A NEW SECTION TO READ AS FOLLOWS
	199	+	10 [EFFECTIVE UPON PASSAGE]: Sec. 0.5. (a) As used in this section,
	200	+	11 "local unit" means a county, city, or town.
	201	+	12 (b) It is the declared intention of the general assembly to only
	202	+	13 authorize a local unit to impose a new food and beverage tax under
	203	+	14 this article based on the following criteria:
	204	+	15 (1) Food and beverage tax revenue should only be used for
	205	+	16 tourism or quality of life purposes, including but not limited
	206	+	17 to:
	207	+	18 (A) mixed use development projects;
	208	+	19 (B) quality public spaces;
	209	+	20 (C) broadband;
	210	+	21 (D) multiple transportation options;
	211	+	22 (E) multiple housing options;
	212	+	23 (F) revitalization of historic, blighted, or vacant properties;
	213	+	24 (G) arts, culture, and creativity; and
	214	+	25 (H) recreation and green spaces.
	215	+	26 (2) The fiscal body of a local unit wishing to impose a new
	216	+	27 food and beverage tax after June 30, 2023, must first adopt a
	217	+	28 resolution requesting the general assembly to enact legislation
	218	+	29 to authorize the food and beverage tax.
	219	+	30 (3) The general assembly should give preference to requests
	220	+	31 from local units in which the fiscal body of the local unit has
	221	+	32 held a series of public hearings on the imposition of a new
	222	+	33 food and beverage tax in the community before adopting the
	223	+	34 resolution to request the general assembly to enact legislation
	224	+	35 authorizing the tax under subdivision (2).
	225	+	36 (4) Any new food and beverage tax authorized under this
	226	+	37 article must expire on January 1 of the year following the
	227	+	38 twentieth calendar year in which the food and beverage tax is
	228	+	39 imposed during any part of the year.
	229	+	40 (5) A local unit that imposes a new food and beverage tax
	230	+	41 shall be subject to the reporting requirements set forth in
	231	+	42 IC 6-1.1-30-18.
	232	+	SB 37—LS 6363/DI 129 6
	233	+	1 SECTION 9. IC 6-9-36-9 IS ADDED TO THE INDIANA CODE
	234	+	2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	235	+	3 UPON PASSAGE]: Sec. 9. (a) A tax authorized under this chapter
	236	+	4 expires on the later of:
	237	+	5 (1) January 1, 2045; or
	238	+	6 (2) the date on which all bonds or lease agreements
	239	+	7 outstanding on May 7, 2023, for which a pledge of tax revenue
	240	+	8 is made under this chapter are completely paid.
	241	+	9 (b) Not later than December 31, 2023, each fiscal officer of a
	242	+	10 county that imposes a food and beverage tax under this chapter
	243	+	11 shall provide to the department of local government finance:
	244	+	12 (1) a list of each bond or lease agreement outstanding on May
	245	+	13 7, 2023, for which a pledge of tax revenue is made under this
	246	+	14 chapter; and
	247	+	15 (2) the date on which each bond or lease agreement identified
	248	+	16 in subdivision (1) will be completely paid.
	249	+	17 The department of local government finance shall publish the
	250	+	18 information received under this subsection on the department's
	251	+	19 interactive and searchable website containing local government
	252	+	20 information (the Indiana gateway for governmental units).
	253	+	21 SECTION 10. IC 6-9-38-27 IS ADDED TO THE INDIANA CODE
85	254		22 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
86		-	23 UPON PASSAGE]: Sec. 12. (a) ~~The tax authorized under~~ this
87		-	24 chapter expires on the later of:
	255	+	23 UPON PASSAGE]: Sec. 27. (a) Subject to section 26 of this chapter,
	256	+	24 a tax authorized under this chapter expires on the later of:
88	257		25 (1) January 1, 2045; or
89	258		26 (2) the date on which all bonds or lease agreements
90	259		27 outstanding on May 7, 2023, for which a pledge of tax revenue
91	260		28 is made under this chapter are completely paid.
92	261		29 (b) Not later than December 31, 2023, the fiscal officer of the
93		-	30 county ~~shall provide to~~ the ~~department~~ of ~~local government~~
94		-	31 ~~finance:~~
95		-	32 ~~(1) a list of each bond or lease agreement outstanding on May~~
96		-	33 ~~7, 2023, for which~~ a ~~pledge~~ of ~~tax revenue is made under this~~
97		-	34 ~~chapter; and~~
98		-	35 ~~(2) the date on which each bond or lease agreement identified~~
99		-	36 ~~in subdivision~~ (1) ~~will be completely paid.~~
100		-	37 ~~The department of local government finance shall publish the~~
101		-	38 ~~information received under this subsection on~~ the department's
102		-	39 ~~interactive and searchable website containing local government~~
103		-	40 ~~information (the~~ ~~Indiana gateway for governmental units).~~
104		-	41 ~~SECTION 3. IC 6-9-21-10 IS ADDED TO~~ THE INDIANA ~~CODE~~
105		-	42 ~~AS A NEW~~ SECTION TO ~~READ AS FOLLOWS [EFFECTIVE~~
106		-	SB 37—LS 6363/DI 129 3
107		-	1 ~~UPON PASSAGE]: Sec.~~ ~~10. (a) The tax authorized under this~~
108		-	2 ~~chapter expires on~~ the ~~later of:~~
109		-	3 ~~(1) January 1,~~ ~~2045; or~~
110		-	4 (2) ~~the date on which all bonds~~ or ~~lease agreements~~
111		-	5 ~~outstanding~~ on ~~May 7, 2023, for~~ which ~~a pledge of tax revenue~~
112		-	6 ~~is made under this chapter are completely paid.~~
113		-	7 ~~(b) Not later than December 31,~~ ~~2023, the fiscal officer of the~~
114		-	8 ~~county shall provide to~~ the ~~department~~ of ~~local government~~
115		-	9 ~~finance:~~
116		-	10 ~~(1) a list~~ of ~~each bond or lease agreement outstanding on May~~
117		-	11 ~~7, 2023, for which~~ a ~~pledge~~ of ~~tax revenue is made under this~~
118		-	12 ~~chapter; and~~
119		-	13 ~~(2) the date on which each bond or lease agreement identified~~
120		-	14 ~~in subdivision~~ (1) ~~will be completely paid.~~
121		-	15 ~~The department of local government finance shall publish the~~
122		-	16 ~~information received under this subsection on~~ the department's
123		-	17 ~~interactive and searchable website containing local government~~
124		-	18 ~~information (the~~ ~~Indiana gateway for governmental units).~~
125		-	19 ~~SECTION 4. IC 6-9-24-10 IS ADDED TO~~ THE INDIANA ~~CODE~~
126		-	20 ~~AS A NEW~~ SECTION TO ~~READ AS FOLLOWS [EFFECTIVE~~
127		-	21 ~~UPON PASSAGE]: Sec.~~ ~~10. (a) The tax authorized under this~~
128		-	22 ~~chapter expires on~~ the ~~later of:~~
129		-	23 ~~(1) January 1,~~ ~~2045; or~~
130		-	24 (2) ~~the date on which all bonds~~ or ~~lease agreements~~
131		-	25 ~~outstanding~~ on ~~May 7, 2023, for~~ which ~~a pledge of tax revenue~~
132		-	26 ~~is made under this chapter are completely paid.~~
133		-	27 ~~(b) Not later than December 31,~~ ~~2023, the fiscal officer of the~~
134		-	28 ~~municipality shall provide to~~ the ~~department~~ of ~~local government~~
135		-	29 ~~finance:~~
136		-	30 ~~(1) a list~~ of ~~each bond or lease agreement outstanding on May~~
137		-	31 ~~7, 2023, for which~~ a ~~pledge~~ of ~~tax revenue is made under this~~
138		-	32 ~~chapter; and~~
139		-	33 ~~(2) the date on which each bond or lease agreement identified~~
140		-	34 ~~in subdivision~~ (1) ~~will be completely paid.~~
141		-	35 ~~The department of local government finance shall publish the~~
142		-	36 ~~information received under this subsection on~~ the department's
143		-	37 ~~interactive and searchable website containing local government~~
144		-	38 ~~information (the~~ ~~Indiana gateway for governmental units).~~
145		-	39 ~~SECTION 5. IC 6-9-25-16 IS ADDED TO~~ THE INDIANA ~~CODE~~
146		-	40 ~~AS A NEW~~ SECTION TO ~~READ AS FOLLOWS [EFFECTIVE~~
147		-	41 ~~UPON PASSAGE]: Sec.~~ ~~16. (a) Subject~~ to ~~section 3(d) of this~~
148		-	42 ~~chapter,~~ the tax authorized under this ~~chapter expires on the later~~
149		-	SB 37—LS 6363/DI 129 4
150		-	1 of:
	262	+	30 county and the fiscal officer of each unit that imposes a food and
	263	+	31 beverage tax under this chapter shall provide to the department of
	264	+	32 local government finance:
	265	+	33 (1) a list of each bond or lease agreement outstanding on May
	266	+	34 7, 2023, for which a pledge of tax revenue is made under this
	267	+	35 chapter; and
	268	+	36 (2) the date on which each bond or lease agreement identified
	269	+	37 in subdivision (1) will be completely paid.
	270	+	38 The department of local government finance shall publish the
	271	+	39 information received under this subsection on the department's
	272	+	40 interactive and searchable website containing local government
	273	+	41 information (the Indiana gateway for governmental units).
	274	+	42 SECTION 11. IC 6-9-40-12 IS ADDED TO THE INDIANA CODE
	275	+	SB 37—LS 6363/DI 129 7
	276	+	1 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	277	+	2 UPON PASSAGE]: Sec. 12. (a) The tax authorized under this
	278	+	3 chapter expires on the later of:
	279	+	4 (1) January 1, 2045; or
	280	+	5 (2) the date on which all bonds or lease agreements
	281	+	6 outstanding on May 7, 2023, for which a pledge of tax revenue
	282	+	7 is made under this chapter are completely paid.
	283	+	8 (b) Not later than December 31, 2023, the fiscal officer of the
	284	+	9 county and the fiscal officer of the city of Angola shall provide to
	285	+	10 the department of local government finance:
	286	+	11 (1) a list of each bond or lease agreement outstanding on May
	287	+	12 7, 2023, for which a pledge of tax revenue is made under this
	288	+	13 chapter; and
	289	+	14 (2) the date on which each bond or lease agreement identified
	290	+	15 in subdivision (1) will be completely paid.
	291	+	16 The department of local government finance shall publish the
	292	+	17 information received under this subsection on the department's
	293	+	18 interactive and searchable website containing local government
	294	+	19 information (the Indiana gateway for governmental units).
	295	+	20 SECTION 12. IC 6-9-41-17 IS ADDED TO THE INDIANA CODE
	296	+	21 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	297	+	22 UPON PASSAGE]: Sec. 17. (a) The tax authorized under this
	298	+	23 chapter expires on the later of:
	299	+	24 (1) January 1, 2045; or
	300	+	25 (2) the date on which all bonds or lease agreements
	301	+	26 outstanding on May 7, 2023, for which a pledge of tax revenue
	302	+	27 is made under this chapter are completely paid.
	303	+	28 (b) Not later than December 31, 2023, the fiscal officer of the
	304	+	29 county and the fiscal officer of the city shall provide to the
	305	+	30 department of local government finance:
	306	+	31 (1) a list of each bond or lease agreement outstanding on May
	307	+	32 7, 2023, for which a pledge of tax revenue is made under this
	308	+	33 chapter; and
	309	+	34 (2) the date on which each bond or lease agreement identified
	310	+	35 in subdivision (1) will be completely paid.
	311	+	36 The department of local government finance shall publish the
	312	+	37 information received under this subsection on the department's
	313	+	38 interactive and searchable website containing local government
	314	+	39 information (the Indiana gateway for governmental units).
	315	+	40 SECTION 13. IC 6-9-43-10 IS ADDED TO THE INDIANA CODE
	316	+	41 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	317	+	42 UPON PASSAGE]: Sec. 10. (a) The tax authorized under this
	318	+	SB 37—LS 6363/DI 129 8
	319	+	1 chapter expires on the later of:
151	320		2 (1) January 1, 2045; or
152	321		3 (2) the date on which all bonds or lease agreements
153	322		4 outstanding on May 7, 2023, for which a pledge of tax revenue
154	323		5 is made under this chapter are completely paid.
155	324		6 (b) Not later than December 31, 2023, the fiscal officer of the
156		-	7 ~~county~~ shall provide to the department of local government
157		-	8 ~~finance:~~
158		-	9 ~~(1)~~ a ~~list~~ of ~~each bond or lease agreement outstanding on May~~
159		-	10 ~~7, 2023, for which a pledge of tax revenue is made under this~~
160		-	11 ~~chapter; and~~
161		-	12 (2) ~~the date on which each bond or lease agreement identified~~
162		-	13 ~~in subdivision (1) will be completely paid.~~
163		-	14 The department ~~of local government finance shall publish the~~
164		-	15 ~~information received under this subsection on the department's~~
165		-	16 ~~interactive and searchable website containing local government~~
166		-	17 ~~information (~~the Indiana ~~gateway for governmental units).~~
167		-	18 SECTION ~~6. IC 6-9-26-17 IS ADDED~~ TO ~~THE INDIANA CODE~~
168		-	19 AS A ~~NEW SECTION TO READ AS FOLLOWS [EFFECTIVE~~
169		-	20 ~~UPON PASSAGE]: Sec. 17. (a)~~ The ~~tax authorized under this~~
170		-	21 ~~chapter expires on the later of:~~
171		-	22 (1) ~~January 1,~~ ~~2045;~~ or
172		-	23 ~~(2) the date~~ on which ~~all bonds or lease agreements~~
173		-	24 ~~outstanding on May 7,~~ ~~2023, for which a pledge of tax revenue~~
174		-	25 ~~is made under this chapter are completely paid.~~
175		-	26 ~~(b) Not later than December 31, 2023,~~ the ~~fiscal officer~~ of ~~the~~
176		-	27 ~~county shall provide to the department~~ of ~~local government~~
177		-	28 ~~finance:~~
178		-	29 ~~(1) a list of each bond or lease agreement outstanding on May~~
179		-	30 ~~7, 2023,~~ ~~for~~ which ~~a pledge of tax revenue is made under this~~
180		-	31 ~~chapter; and~~
181		-	32 ~~(2)~~ the ~~date on which each bond or lease agreement identified~~
182		-	33 ~~in subdivision (1) will be completely paid.~~
183		-	34 ~~The department of~~ local government ~~finance shall publish the~~
184		-	35 information ~~received under this subsection on~~ the ~~department's~~
185		-	36 ~~interactive and searchable website containing local government~~
186		-	37 ~~information (the~~ ~~Indiana gateway for governmental units).~~
187		-	38 ~~SECTION 7~~. ~~IC 6-9-27-11 IS ADDED TO~~ THE ~~INDIANA CODE~~
188		-	39 ~~AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE~~
189		-	40 ~~UPON PASSAGE]: Sec. 11.~~ (a) ~~A tax authorized under this chapter~~
190		-	41 ~~expires~~ on ~~the later of:~~
191		-	42 ~~(1) January 1~~, ~~2045; or~~
192		-	SB 37—LS 6363/DI 129 5
193		-	1 ~~(2) the date on which all bonds or lease agreements~~
194		-	2 ~~outstanding on May 7~~, 2023, ~~for which a pledge~~ of ~~tax revenue~~
195		-	3 ~~is made under this chapter are completely paid.~~
196		-	4 (b) ~~Not later than December 31, 2023, the fiscal officer~~ of ~~the~~
197		-	5 ~~municipality shall provide to the department~~ of ~~local government~~
198		-	6 ~~finance:~~
199		-	7 (1) ~~a list of~~ each bond or lease agreement ~~outstanding on May~~
200		-	8 ~~7, 2023,~~ ~~for which a pledge of tax revenue is made under this~~
201		-	9 ~~chapter; and~~
202		-	10 ~~(2)~~ the ~~date on which each bond or lease agreement identified~~
203		-	11 ~~in subdivision (1) will be completely paid.~~
204		-	12 The ~~department of local government finance shall publish the~~
205		-	13 ~~information received under this subsection on~~ the ~~department's~~
206		-	14 ~~interactive and searchable website containing local government~~
207		-	15 ~~information~~ (the ~~Indiana gateway for governmental units).~~
208		-	16 ~~SECTION 8.~~ ~~IC 6-9-29.5-0.5 IS ADDED TO~~ THE ~~INDIANA~~
209		-	17 ~~CODE AS A NEW SECTION TO READ AS FOLLOWS~~
210		-	18 ~~[EFFECTIVE UPON PASSAGE]: Sec. 0.5.~~ (a) ~~As used in this section,~~
211		-	19 ~~"local unit"~~ ~~means~~ a ~~county, city,~~ ~~or town.~~
212		-	20 ~~(b) It~~ is ~~the declared intention of the general assembly to only~~
213		-	21 ~~authorize a local unit to impose a new food and beverage tax under~~
214		-	22 ~~this article based on~~ the ~~following criteria:~~
215		-	23 ~~(1) Food and beverage tax revenue should only be used for~~
216		-	24 ~~tourism~~ or ~~quality of life purposes,~~ ~~including but not limited~~
217		-	25 ~~to:~~
218		-	26 ~~(A) mixed use development projects;~~
219		-	27 (B) ~~quality public spaces;~~
220		-	28 (C) ~~broadband;~~
221		-	29 ~~(D) multiple transportation options;~~
222		-	30 ~~(E) multiple housing options;~~
223		-	31 ~~(F) revitalization of historic,~~ ~~blighted, or vacant properties;~~
224		-	32 (G) ~~arts, culture, and creativity; and~~
225		-	33 ~~(H) recreation and green spaces.~~
226		-	34 ~~(2) The fiscal body of a local unit wishing to impose~~ a new
227		-	35 ~~food and beverage~~ tax ~~after June 30, 2023, must first adopt a~~
228		-	36 ~~resolution requesting~~ the ~~general assembly to enact legislation~~
229		-	37 ~~to authorize the food and beverage tax.~~
230		-	38 (3) The ~~general assembly should give preference to requests~~
231		-	39 ~~from local units in~~ which ~~the fiscal body~~ of ~~the local unit has~~
232		-	40 ~~held a series of public hearings on the imposition of a new~~
233		-	41 ~~food and beverage tax in~~ the ~~community before adopting~~ the
234		-	42 ~~resolution~~ to ~~request~~ the ~~general assembly to enact legislation~~
235		-	SB 37—LS 6363/DI 129 6
236		-	1 ~~authorizing the tax under subdivision (2).~~
237		-	2 ~~(4) Any new food and beverage~~ tax ~~authorized~~ under this
238		-	3 ~~article must expire on January 1 of the year following the~~
239		-	4 ~~twentieth calendar year in~~ which ~~the food and beverage tax is~~
240		-	5 ~~imposed during any part of the year~~.
241		-	6 ~~(5) A~~ local ~~unit that imposes a new food and beverage tax~~
242		-	7 ~~shall be subject to~~ the ~~reporting requirements set forth in~~
243		-	8 ~~IC 6-1.1-30-18.~~
244		-	9 ~~SECTION 9. IC 6-9-36-9 IS ADDED TO~~ THE INDIANA ~~CODE~~
245		-	10 ~~AS A NEW~~ SECTION TO ~~READ AS FOLLOWS [EFFECTIVE~~
246		-	11 ~~UPON PASSAGE]: Sec. 9. (a)~~ A ~~tax authorized under this chapter~~
247		-	12 ~~expires on~~ the ~~later of:~~
248		-	13 ~~(1) January 1,~~ ~~2045; or~~
249		-	14 (2) ~~the date on which all bonds~~ or ~~lease agreements~~
250		-	15 ~~outstanding~~ on ~~May 7, 2023, for~~ which ~~a pledge of tax revenue~~
251		-	16 ~~is made under this chapter are completely paid.~~
252		-	17 ~~(b) Not later than December 31,~~ ~~2023, each fiscal officer of a~~
253		-	18 ~~county that imposes a food and beverage tax under this chapter~~
254		-	19 shall provide to the department of local government finance:
	325	+	7 town shall provide to the department of local government finance:
	326	+	8 (1) a list of each bond or lease agreement outstanding on May
	327	+	9 7, 2023, for which a pledge of tax revenue is made under this
	328	+	10 chapter; and
	329	+	11 (2) the date on which each bond or lease agreement identified
	330	+	12 in subdivision (1) will be completely paid.
	331	+	13 The department of local government finance shall publish the
	332	+	14 information received under this subsection on the department's
	333	+	15 interactive and searchable website containing local government
	334	+	16 information (the Indiana gateway for governmental units).
	335	+	17 SECTION 14. IC 6-9-44-11 IS ADDED TO THE INDIANA CODE
	336	+	18 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	337	+	19 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
	338	+	20 chapter expires on the later of:
	339	+	21 (1) January 1, 2045; or
	340	+	22 (2) the date on which all bonds or lease agreements
	341	+	23 outstanding on May 7, 2023, for which a pledge of tax revenue
	342	+	24 is made under this chapter are completely paid.
	343	+	25 (b) Not later than December 31, 2023, the fiscal officer of the
	344	+	26 town shall provide to the department of local government finance:
	345	+	27 (1) a list of each bond or lease agreement outstanding on May
	346	+	28 7, 2023, for which a pledge of tax revenue is made under this
	347	+	29 chapter; and
	348	+	30 (2) the date on which each bond or lease agreement identified
	349	+	31 in subdivision (1) will be completely paid.
	350	+	32 The department of local government finance shall publish the
	351	+	33 information received under this subsection on the department's
	352	+	34 interactive and searchable website containing local government
	353	+	35 information (the Indiana gateway for governmental units).
	354	+	36 SECTION 15. IC 6-9-45-11 IS ADDED TO THE INDIANA CODE
	355	+	37 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	356	+	38 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
	357	+	39 chapter expires on the later of:
	358	+	40 (1) January 1, 2045; or
	359	+	41 (2) the date on which all bonds or lease agreements
	360	+	42 outstanding on May 7, 2023, for which a pledge of tax revenue
	361	+	SB 37—LS 6363/DI 129 9
	362	+	1 is made under this chapter are completely paid.
	363	+	2 (b) Not later than December 31, 2023, the fiscal officer of the
	364	+	3 town shall provide to the department of local government finance:
	365	+	4 (1) a list of each bond or lease agreement outstanding on May
	366	+	5 7, 2023, for which a pledge of tax revenue is made under this
	367	+	6 chapter; and
	368	+	7 (2) the date on which each bond or lease agreement identified
	369	+	8 in subdivision (1) will be completely paid.
	370	+	9 The department of local government finance shall publish the
	371	+	10 information received under this subsection on the department's
	372	+	11 interactive and searchable website containing local government
	373	+	12 information (the Indiana gateway for governmental units).
	374	+	13 SECTION 16. IC 6-9-47.5-11 IS ADDED TO THE INDIANA
	375	+	14 CODE AS A NEW SECTION TO READ AS FOLLOWS
	376	+	15 [EFFECTIVE UPON PASSAGE]: Sec. 11. (a) The tax authorized
	377	+	16 under this chapter expires on the later of:
	378	+	17 (1) January 1, 2045; or
	379	+	18 (2) the date on which all bonds or lease agreements
	380	+	19 outstanding on May 7, 2023 for which a pledge of tax revenue
	381	+	20 is made under this chapter are completely paid.
	382	+	21 (b) Not later than December 31, 2023, the fiscal officer of the
	383	+	22 county shall provide to the department of local government
	384	+	23 finance:
	385	+	24 (1) a list of each bond or lease agreement outstanding on May
	386	+	25 7, 2023, for which a pledge of tax revenue is made under this
	387	+	26 chapter; and
	388	+	27 (2) the date on which each bond or lease agreement identified
	389	+	28 in subdivision (1) will be completely paid.
	390	+	29 The department of local government finance shall publish the
	391	+	30 information received under this subsection on the department's
	392	+	31 interactive and searchable website containing local government
	393	+	32 information (the Indiana gateway for governmental units).
	394	+	33 SECTION 17. IC 6-9-49-11 IS ADDED TO THE INDIANA CODE
	395	+	34 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	396	+	35 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
	397	+	36 chapter expires on the later of:
	398	+	37 (1) January 1, 2045; or
	399	+	38 (2) the date on which all bonds or lease agreements
	400	+	39 outstanding on May 7, 2023, for which a pledge of tax revenue
	401	+	40 is made under this chapter are completely paid.
	402	+	41 (b) Not later than December 31, 2023, the fiscal officer of the
	403	+	42 city shall provide to the department of local government finance:
	404	+	SB 37—LS 6363/DI 129 10
	405	+	1 (1) a list of each bond or lease agreement outstanding on May
	406	+	2 7, 2023, for which a pledge of tax revenue is made under this
	407	+	3 chapter; and
	408	+	4 (2) the date on which each bond or lease agreement identified
	409	+	5 in subdivision (1) will be completely paid.
	410	+	6 The department of local government finance shall publish the
	411	+	7 information received under this subsection on the department's
	412	+	8 interactive and searchable website containing local government
	413	+	9 information (the Indiana gateway for governmental units).
	414	+	10 SECTION 18. IC 6-9-50-11 IS ADDED TO THE INDIANA CODE
	415	+	11 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
	416	+	12 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
	417	+	13 chapter expires on the later of:
	418	+	14 (1) January 1, 2045; or
	419	+	15 (2) the date on which all bonds or lease agreements
	420	+	16 outstanding on May 7, 2023, for which a pledge of tax revenue
	421	+	17 is made under this chapter are completely paid.
	422	+	18 (b) Not later than December 31, 2023, the fiscal officer of the
	423	+	19 town shall provide to the department of local government finance:
255	424		20 (1) a list of each bond or lease agreement outstanding on May
256	425		21 7, 2023, for which a pledge of tax revenue is made under this
257	426		22 chapter; and
258	427		23 (2) the date on which each bond or lease agreement identified
259	428		24 in subdivision (1) will be completely paid.
260	429		25 The department of local government finance shall publish the
261	430		26 information received under this subsection on the department's
262	431		27 interactive and searchable website containing local government
263	432		28 information (the Indiana gateway for governmental units).
264		-	29 SECTION 10. IC 6-9-~~38-27~~ IS ADDED TO THE INDIANA CODE
	433	+	29 SECTION 19. IC 6-9-51-11 IS ADDED TO THE INDIANA CODE
265	434		30 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
266		-	31 UPON PASSAGE]: Sec. 27. (a) ~~Subject to section 26 of~~ this ~~chapter,~~
267		-	32 ~~a tax authorized under this~~ chapter expires on the later of:
	435	+	31 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
	436	+	32 chapter expires on the later of:
268	437		33 (1) January 1, 2045; or
269	438		34 (2) the date on which all bonds or lease agreements
270	439		35 outstanding on May 7, 2023, for which a pledge of tax revenue
271	440		36 is made under this chapter are completely paid.
272	441		37 (b) Not later than December 31, 2023, the fiscal officer of the
273		-	38 county and the fiscal officer of each unit that imposes a food and
274		-	39 beverage tax under this chapter shall provide to the department of
275		-	40 local government finance:
276		-	41 (1) a list of each bond or lease agreement outstanding on May
277		-	42 7, 2023, for which a pledge of tax revenue is made under this
278		-	SB 37—LS 6363/DI 129 7
279		-	1 chapter; and
280		-	2 (2) the date on which each bond or lease agreement identified
281		-	3 in subdivision (1) will be completely paid.
282		-	4 The department of local government finance shall publish the
283		-	5 information received under this subsection on the department's
284		-	6 interactive and searchable website containing local government
285		-	7 information (the Indiana gateway for governmental units).
286		-	8 SECTION 11. IC 6-9-40-12 IS ADDED TO THE INDIANA CODE
287		-	9 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
288		-	10 UPON PASSAGE]: Sec. 12. (a) The tax authorized under this
289		-	11 chapter expires on the later of:
290		-	12 (1) January 1, 2045; or
291		-	13 (2) the date on which all bonds or lease agreements
292		-	14 outstanding on May 7, 2023, for which a pledge of tax revenue
293		-	15 is made under this chapter are completely paid.
294		-	16 (b) Not later than December 31, 2023, the fiscal officer of the
295		-	17 county and the fiscal officer of the city of Angola shall provide to
296		-	18 the department of local government finance:
297		-	19 (1) a list of each bond or lease agreement outstanding on May
298		-	20 7, 2023, for which a pledge of tax revenue is made under this
299		-	21 chapter; and
300		-	22 (2) the date on which each bond or lease agreement identified
301		-	23 in subdivision (1) will be completely paid.
302		-	24 The department of local government finance shall publish the
303		-	25 information received under this subsection on the department's
304		-	26 interactive and searchable website containing local government
305		-	27 information (the Indiana gateway for governmental units).
306		-	28 SECTION 12. IC 6-9-41-17 IS ADDED TO THE INDIANA CODE
307		-	29 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
308		-	30 UPON PASSAGE]: Sec. 17. (a) The tax authorized under this
309		-	31 chapter expires on the later of:
310		-	32 (1) January 1, 2045; or
311		-	33 (2) the date on which all bonds or lease agreements
312		-	34 outstanding on May 7, 2023, for which a pledge of tax revenue
313		-	35 is made under this chapter are completely paid.
314		-	36 (b) Not later than December 31, 2023, the fiscal officer of the
315		-	37 county and the fiscal officer of the city shall provide to the
316		-	38 department of local government finance:
	442	+	38 city shall provide to the department of local government finance:
317	443		39 (1) a list of each bond or lease agreement outstanding on May
318	444		40 7, 2023, for which a pledge of tax revenue is made under this
319	445		41 chapter; and
320	446		42 (2) the date on which each bond or lease agreement identified
321		-	SB 37—LS 6363/DI 129 8
	447	+	SB 37—LS 6363/DI 129 11
322	448		1 in subdivision (1) will be completely paid.
323	449		2 The department of local government finance shall publish the
324	450		3 information received under this subsection on the department's
325	451		4 interactive and searchable website containing local government
326	452		5 information (the Indiana gateway for governmental units).
327		-	6 SECTION 13. IC 6-9-~~43-10~~ IS ADDED TO THE INDIANA CODE
	453	+	6 SECTION 20. IC 6-9-52-11 IS ADDED TO THE INDIANA CODE
328	454		7 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
329		-	8 UPON PASSAGE]: Sec. 10. (a) The tax authorized under this
330		-	9 chapter expires on ~~the later of~~:
	455	+	8 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
	456	+	9 chapter expires on:
331	457		10 (1) January 1, 2045; or
332	458		11 (2) the date on which all bonds or lease agreements
333	459		12 outstanding on May 7, 2023, for which a pledge of tax revenue
334	460		13 is made under this chapter are completely paid.
335	461		14 (b) Not later than December 31, 2023, the fiscal officer of the
336	462		15 town shall provide to the department of local government finance:
337	463		16 (1) a list of each bond or lease agreement outstanding on May
338	464		17 7, 2023, for which a pledge of tax revenue is made under this
339	465		18 chapter; and
340	466		19 (2) the date on which each bond or lease agreement identified
341	467		20 in subdivision (1) will be completely paid.
342	468		21 The department of local government finance shall publish the
343	469		22 information received under this subsection on the department's
344	470		23 interactive and searchable website containing local government
345	471		24 information (the Indiana gateway for governmental units).
346		-	25 SECTION 14. IC 6-9-44-11 IS ADDED TO THE INDIANA CODE
347		-	26 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
348		-	27 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
349		-	28 chapter expires on the later of:
350		-	29 (1) January 1, 2045; or
351		-	30 (2) the date on which all bonds or lease agreements
352		-	31 outstanding on May 7, 2023, for which a pledge of tax revenue
353		-	32 is made under this chapter are completely paid.
354		-	33 (b) Not later than December 31, 2023, the fiscal officer of the
355		-	34 town shall provide to the department of local government finance:
356		-	35 (1) a list of each bond or lease agreement outstanding on May
357		-	36 7, 2023, for which a pledge of tax revenue is made under this
358		-	37 chapter; and
359		-	38 (2) the date on which each bond or lease agreement identified
360		-	39 in subdivision (1) will be completely paid.
361		-	40 The department of local government finance shall publish the
362		-	41 information received under this subsection on the department's
363		-	42 interactive and searchable website containing local government
364		-	SB 37—LS 6363/DI 129 9
365		-	1 information (the Indiana gateway for governmental units).
366		-	2 SECTION 15. IC 6-9-45-11 IS ADDED TO THE INDIANA CODE
367		-	3 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
368		-	4 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
369		-	5 chapter expires on the later of:
370		-	6 (1) January 1, 2045; or
371		-	7 (2) the date on which all bonds or lease agreements
372		-	8 outstanding on May 7, 2023, for which a pledge of tax revenue
373		-	9 is made under this chapter are completely paid.
374		-	10 (b) Not later than December 31, 2023, the fiscal officer of the
375		-	11 town shall provide to the department of local government finance:
376		-	12 (1) a list of each bond or lease agreement outstanding on May
377		-	13 7, 2023, for which a pledge of tax revenue is made under this
378		-	14 chapter; and
379		-	15 (2) the date on which each bond or lease agreement identified
380		-	16 in subdivision (1) will be completely paid.
381		-	17 The department of local government finance shall publish the
382		-	18 information received under this subsection on the department's
383		-	19 interactive and searchable website containing local government
384		-	20 information (the Indiana gateway for governmental units).
385		-	21 SECTION 16. IC 6-9-47.5-11 IS ADDED TO THE INDIANA
386		-	22 CODE AS A NEW SECTION TO READ AS FOLLOWS
387		-	23 [EFFECTIVE UPON PASSAGE]: Sec. 11. (a) The tax authorized
388		-	24 under this chapter expires on the later of:
389		-	25 (1) January 1, 2045; or
390		-	26 (2) the date on which all bonds or lease agreements
391		-	27 outstanding on May 7, 2023 for which a pledge of tax revenue
392		-	28 is made under this chapter are completely paid.
393		-	29 (b) Not later than December 31, 2023, the fiscal officer of the
394		-	30 county shall provide to the department of local government
395		-	31 finance:
396		-	32 (1) a list of each bond or lease agreement outstanding on May
397		-	33 7, 2023, for which a pledge of tax revenue is made under this
398		-	34 chapter; and
399		-	35 (2) the date on which each bond or lease agreement identified
400		-	36 in subdivision (1) will be completely paid.
401		-	37 The department of local government finance shall publish the
402		-	38 information received under this subsection on the department's
403		-	39 interactive and searchable website containing local government
404		-	40 information (the Indiana gateway for governmental units).
405		-	41 SECTION 17. IC 6-9-49-11 IS ADDED TO THE INDIANA CODE
406		-	42 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
407		-	SB 37—LS 6363/DI 129 10
408		-	1 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
409		-	2 chapter expires on the later of:
410		-	3 (1) January 1, 2045; or
411		-	4 (2) the date on which all bonds or lease agreements
412		-	5 outstanding on May 7, 2023, for which a pledge of tax revenue
413		-	6 is made under this chapter are completely paid.
414		-	7 (b) Not later than December 31, 2023, the fiscal officer of the
415		-	8 city shall provide to the department of local government finance:
416		-	9 (1) a list of each bond or lease agreement outstanding on May
417		-	10 7, 2023, for which a pledge of tax revenue is made under this
418		-	11 chapter; and
419		-	12 (2) the date on which each bond or lease agreement identified
420		-	13 in subdivision (1) will be completely paid.
421		-	14 The department of local government finance shall publish the
422		-	15 information received under this subsection on the department's
423		-	16 interactive and searchable website containing local government
424		-	17 information (the Indiana gateway for governmental units).
425		-	18 SECTION 18. IC 6-9-50-11 IS ADDED TO THE INDIANA CODE
426		-	19 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
427		-	20 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
428		-	21 chapter expires on the later of:
429		-	22 (1) January 1, 2045; or
430		-	23 (2) the date on which all bonds or lease agreements
431		-	24 outstanding on May 7, 2023, for which a pledge of tax revenue
432		-	25 is made under this chapter are completely paid.
433		-	26 (b) Not later than December 31, 2023, the fiscal officer of the
434		-	27 town shall provide to the department of local government finance:
435		-	28 (1) a list of each bond or lease agreement outstanding on May
436		-	29 7, 2023, for which a pledge of tax revenue is made under this
437		-	30 chapter; and
438		-	31 (2) the date on which each bond or lease agreement identified
439		-	32 in subdivision (1) will be completely paid.
440		-	33 The department of local government finance shall publish the
441		-	34 information received under this subsection on the department's
442		-	35 interactive and searchable website containing local government
443		-	36 information (the Indiana gateway for governmental units).
444		-	37 SECTION 19. IC 6-9-51-11 IS ADDED TO THE INDIANA CODE
445		-	38 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
446		-	39 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
447		-	40 chapter expires on the later of:
448		-	41 (1) January 1, 2045; or
449		-	42 (2) the date on which all bonds or lease agreements
450		-	SB 37—LS 6363/DI 129 11
451		-	1 outstanding on May 7, 2023, for which a pledge of tax revenue
452		-	2 is made under this chapter are completely paid.
453		-	3 (b) Not later than December 31, 2023, the fiscal officer of the
454		-	4 city shall provide to the department of local government finance:
455		-	5 (1) a list of each bond or lease agreement outstanding on May
456		-	6 7, 2023, for which a pledge of tax revenue is made under this
457		-	7 chapter; and
458		-	8 (2) the date on which each bond or lease agreement identified
459		-	9 in subdivision (1) will be completely paid.
460		-	10 The department of local government finance shall publish the
461		-	11 information received under this subsection on the department's
462		-	12 interactive and searchable website containing local government
463		-	13 information (the Indiana gateway for governmental units).
464		-	14 SECTION 20. IC 6-9-52-11 IS ADDED TO THE INDIANA CODE
465		-	15 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
466		-	16 UPON PASSAGE]: Sec. 11. (a) The tax authorized under this
467		-	17 chapter expires on:
468		-	18 (1) January 1, 2045; or
469		-	19 (2) the date on which all bonds or lease agreements
470		-	20 outstanding on May 7, 2023, for which a pledge of tax revenue
471		-	21 is made under this chapter are completely paid.
472		-	22 (b) Not later than December 31, 2023, the fiscal officer of the
473		-	23 town shall provide to the department of local government finance:
474		-	24 (1) a list of each bond or lease agreement outstanding on May
475		-	25 7, 2023, for which a pledge of tax revenue is made under this
476		-	26 chapter; and
477		-	27 (2) the date on which each bond or lease agreement identified
478		-	28 in subdivision (1) will be completely paid.
479		-	29 The department of local government finance shall publish the
480		-	30 information received under this subsection on the department's
481		-	31 interactive and searchable website containing local government
482		-	32 information (the Indiana gateway for governmental units).
483		-	33 SECTION 21. An emergency is declared for this act.
	472	+	25 SECTION 21. An emergency is declared for this act.
484	473		SB 37—LS 6363/DI 129 12
485	474		COMMITTEE REPORT
486	475		Madam President: The Senate Committee on Tax and Fiscal Policy,
487	476		to which was referred Senate Bill No. 37, has had the same under
488	477		consideration and begs leave to report the same back to the Senate with
489	478		the recommendation that said bill be AMENDED as follows:
490	479		Page 2, line 17, delete "2043;" and insert "2045;".
491	480		Page 2, line 37, delete "2043;" and insert "2045;".
492	481		Page 3, line 15, delete "2043;" and insert "2045;".
493	482		Page 3, line 36, delete "2043;" and insert "2045;".
494	483		Page 4, line 14, delete "2043;" and insert "2045;".
495	484		Page 4, line 34, delete "2043;" and insert "2045;".
496	485		Page 6, line 5, delete "2043;" and insert "2045;".
497	486		Page 6, line 25, delete "2043;" and insert "2045;".
498	487		Page 7, line 4, delete "2043;" and insert "2045;".
499	488		Page 7, line 24, delete "2043;" and insert "2045;".
500	489		Page 8, line 2, delete "2043;" and insert "2045;".
501	490		Page 8, line 21, delete "2043;" and insert "2045;".
502	491		Page 8, line 40, delete "2043;" and insert "2045;".
503	492		Page 9, line 17, delete "2043;" and insert "2045;".
504	493		Page 9, line 37, delete "2043;" and insert "2045;".
505	494		Page 10, line 14, delete "2043;" and insert "2045;".
506	495		Page 10, line 33, delete "2043;" and insert "2045;".
507	496		Page 11, line 10, delete "2043;" and insert "2045;".
508	497		and when so amended that said bill do pass.
509	498		(Reference is to SB 37 as introduced.)
510	499		HOLDMAN, Chairperson
511	500		Committee Vote: Yeas 10, Nays 1.
512		-	_____
513		-	SENATE MOTION
514		-	Madam President: I move that Senate Bill 37 be amended to read as
515		-	follows:
516		-	Page 2, between lines 12 and 13, begin a new paragraph and insert:
517		-	"(e) The requirements under subsection (a) do not apply to taxes
518		-	collected under:
519		-	(1) IC 6-9-12 that are distributed to the capital improvement
520		-	board of managers created by IC 36-10-9-3;
521		-	SB 37—LS 6363/DI 129 13
522		-	(2) IC 6-9-35 that are distributed to the capital improvement
523		-	board of managers created by IC 36-10-9-3; and
524		-	(3) IC 6-9-33 that are distributed to the capital improvement
525		-	board of managers created by IC 36-10-8.".
526		-	(Reference is to SB 37 as printed January 18, 2023.)
527		-	HOLDMAN
528	501		SB 37—LS 6363/DI 129