Indiana 2023 Regular Session

Indiana Senate Bill SB0434 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	ES0434.2
	2	+	Reprinted
	3	+	April 13, 2023
	4	+	ENGROSSED
	5	+	SENATE BILL No. 434
	6	+	_____
	7	+	DIGEST OF SB 434 (Updated April 12, 2023 12:46 pm - DI 125)
	8	+	Citations Affected: IC 4-33; IC 6-9; IC 36-7.5.
	9	+	Synopsis: Economic development in Lake County. Establishes the
	10	+	blighted property demolition fund (demolition fund). Provides that
	11	+	money in the demolition fund is to be used for costs associated with
	12	+	demolishing a qualified property located in the territory of a current or
	13	+	future transit development district or in the area surrounding the Gary
	14	+	Metro Center. Allows the Lake County fiscal body to adopt an increase
	15	+	in the county innkeeper's tax. Establishes the Lake County convention
	16	+	and economic development fund (convention fund). Provides that
	17	+	money in the convention fund may be used for purposes related to a
	18	+	convention center in Lake County. Establishes a local county fund
	19	+	known as the Lake County convention and event center reserve fund
	20	+	(reserve fund). Provides that the revenue received from an increase in
	21	+	the innkeeper's tax is deposited in the reserve fund. Provides that,
	22	+	beginning July 1, 2023, proposals may be submitted for construction
	23	+	(Continued next page)
	24	+	Effective: July 1, 2023.
	25	+	Melton, Mishler, Charbonneau,
	26	+	Randolph Lonnie M, Ford Jon,
	27	+	Bohacek, Bassler
	28	+	(HOUSE SPONSORS — SLAGER, THOMPSON, HATCHER, SOLIDAY)
	29	+	January 19, 2023, read first time and referred to Committee on Appropriations.
	30	+	February 16, 2023, amended, reported favorably — Do Pass.
	31	+	February 27, 2023, read second time, amended, ordered engrossed.
	32	+	February 28, 2023, engrossed. Read third time, passed. Yeas 48, nays 0.
	33	+	HOUSE ACTION
	34	+	March 6, 2023, read first time and referred to Committee on Ways and Means.
	35	+	April 6, 2023, amended, reported — Do Pass.
	36	+	April 12, 2023, read second time, amended, ordered engrossed.
	37	+	ES 434—LS 7313/DI 125 Digest Continued
	38	+	and operation of a Lake County convention and event center to the
	39	+	Lake County board of commissioners. Provides minimum requirements
	40	+	for a proposal. Provides that if a proposal is approved, the Lake County
	41	+	convention center authority is established to provide general oversight.
	42	+	Establishes the Gary metro center station revitalization fund (metro
	43	+	center station fund). Establishes the Gary metro center station
	44	+	revitalization project board to provide oversight of the ongoing
	45	+	maintenance and operation of the Gary metro center station. Beginning
	46	+	after June 30, 2025, requires the department of state revenue to deposit
	47	+	certain amounts in each state fiscal year of the riverboat wagering tax
	48	+	revenue collected from a riverboat operating within the city of Gary in
	49	+	the demolition fund, the convention fund, and the metro center station
	50	+	fund. Provides that if an individual is a resident of one transit
	51	+	development district (district) and is employed within another district
	52	+	during a calendar year, the corresponding tax for the individual shall
	53	+	be attributed to the district in which the individual resides. Provides
	54	+	that if the department determines that the redetermination of an amount
	55	+	affects incremental tax amounts, the department shall recompute the
	56	+	incremental tax amounts and make any necessary adjustments to
	57	+	distributions or computations to reflect any redetermination. Provides
	58	+	that a municipality that includes more than one district may share its
	59	+	increment revenue among the districts upon approval of the legislative
	60	+	body of the municipality.
	61	+	ES 434—LS 7313/DI 125ES 434—LS 7313/DI 125 Reprinted
	62	+	April 13, 2023
1	63		First Regular Session of the 123rd General Assembly (2023)
2	64		PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
3	65		Constitution) is being amended, the text of the existing provision will appear in this style type,
4	66		additions will appear in this style type, and deletions will appear in this style type.
5	67		Additions: Whenever a new statutory provision is being enacted (or a new constitutional
6	68		provision adopted), the text of the new provision will appear in this style type. Also, the
7	69		word NEW will appear in that style type in the introductory clause of each SECTION that adds
8	70		a new provision to the Indiana Code or the Indiana Constitution.
9	71		Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
10	72		between statutes enacted by the 2022 Regular Session of the General Assembly.
11		-	SENATE ENROLLED ACT No. 434
12		-	AN ACT to amend the Indiana Code concerning local government
13		-	and to make an appropriation.
	73	+	ENGROSSED
	74	+	SENATE BILL No. 434
	75	+	A BILL FOR AN ACT to amend the Indiana Code concerning local
	76	+	government and to make an appropriation.
14	77		Be it enacted by the General Assembly of the State of Indiana:
15		-	SECTION 1. IC 4-33-13-2.5 IS ADDED TO THE INDIANA CODE
16		-	AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
17		-	1, 2023]: Sec. 2.5. (a) This section applies only to tax revenue:
18		-	(1) remitted by a licensed owner operating a riverboat sited at
19		-	a location approved under IC 4-33-6-4.5; and
20		-	(2) collected under this chapter after June 30, 2025.
21		-	(b) Notwithstanding section 3 of this chapter, the department
22		-	shall deposit from the tax revenue remitted under this chapter by
23		-	a licensed owner operating a riverboat sited at a location approved
24		-	under IC 4-33-6-4.5 amounts as follows:
25		-	(1) In each state fiscal year beginning after June 30, 2025, and
26		-	ending before July 1, 2027, an amount equal to the amount
27		-	deposited under IC 36-7.5-6-5(a) by the city of Gary in the
28		-	blighted property demolition fund established by
29		-	IC 36-7.5-6-4, up to three million dollars ($3,000,000).
30		-	(2) In each state fiscal year beginning after June 30, 2025, and
31		-	ending before July 1, 2045, an amount equal to the amount
32		-	deposited under IC 36-7.5-7-5(c) by an entity in the Lake
33		-	County economic development and convention fund
34		-	established by IC 36-7.5-7-5, up to five million dollars
35		-	($5,000,000).
36		-	(3) In each state fiscal year beginning after June 30, 2025, and
37		-	SEA 434 — CC 1 2
38		-	ending before July 1, 2050, an amount equal to the amount
39		-	deposited under IC 36-7.5-8-4 by the city of Gary, or on
40		-	behalf of the city of Gary from any other source, in the Gary
41		-	Metro Center station revitalization fund established by
42		-	IC 36-7.5-8-3, up to three million dollars ($3,000,000).
43		-	Any amount of tax revenue remitted under this chapter by a
44		-	licensed owner operating a riverboat sited at a location approved
45		-	under IC 4-33-6-4.5 in a state fiscal year that exceeds the amount
46		-	required for the deposits in this subsection for the state fiscal year
47		-	must be deposited in the state gaming fund under section 3 of this
48		-	chapter.
49		-	(c) Budget committee review is required before any money may
	78	+	1 SECTION 1. IC 4-33-13-2.5 IS ADDED TO THE INDIANA CODE
	79	+	2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
	80	+	3 1, 2023]: Sec. 2.5. (a) This section applies only to tax revenue:
	81	+	4 (1) remitted by a licensed owner operating a riverboat sited at
	82	+	5 a location approved under IC 4-33-6-4.5; and
	83	+	6 (2) collected under this chapter after June 30, 2025.
	84	+	7 (b) Notwithstanding section 3 of this chapter, the department
	85	+	8 shall deposit from the tax revenue remitted under this chapter by
	86	+	9 a licensed owner operating a riverboat sited at a location approved
	87	+	10 under IC 4-33-6-4.5 amounts as follows:
	88	+	11 (1) In each state fiscal year beginning after June 30, 2025, and
	89	+	12 ending before July 1, 2027, an amount equal to the amount
	90	+	13 deposited under IC 36-7.5-6-5(a) by the city of Gary in the
	91	+	14 blighted property demolition fund established by
	92	+	15 IC 36-7.5-6-4.
	93	+	16 (2) In each state fiscal year beginning after June 30, 2025, and
	94	+	17 ending before July 1, 2045, an amount equal to the amount
	95	+	ES 434—LS 7313/DI 125 2
	96	+	1 deposited under IC 36-7.5-7-5(c) by an entity in the Lake
	97	+	2 County convention and economic development convention
	98	+	3 fund established by IC 36-7.5-7-5.
	99	+	4 (3) In each state fiscal year beginning after June 30, 2025, and
	100	+	5 ending before July 1, 2050, an amount equal to the amount
	101	+	6 deposited under IC 36-7.5-8-4 by the city of Gary, or on
	102	+	7 behalf of the city of Gary from any other source, in the Gary
	103	+	8 metro center station revitalization fund established by
	104	+	9 IC 36-7.5-8-3.
	105	+	10 Any amount of tax revenue remitted under this chapter by a
	106	+	11 licensed owner operating a riverboat sited at a location approved
	107	+	12 under IC 4-33-6-4.5 in a state fiscal year that exceeds the amount
	108	+	13 required for the deposits in this subsection for the state fiscal year
	109	+	14 must be deposited in the state gaming fund under section 3 of this
	110	+	15 chapter.
	111	+	16 (c) The northwest Indiana regional development authority
	112	+	17 established by IC 36-7.5-2-1 shall provide any information to the
	113	+	18 department that the department determines is necessary for the
	114	+	19 department to carry out this section.
	115	+	20 (d) This section expires July 1, 2050.
	116	+	21 SECTION 2. IC 4-33-13-3 IS AMENDED TO READ AS
	117	+	22 FOLLOWS [EFFECTIVE JULY 1, 2023]: Sec. 3. Except as provided
	118	+	23 in section 2.5 of this chapter, the department shall deposit tax revenue
	119	+	24 collected under this chapter in the state gaming fund.
	120	+	25 SECTION 3. IC 6-9-2-1, AS AMENDED BY THE TECHNICAL
	121	+	26 CORRECTIONS BILL OF THE 2023 GENERAL ASSEMBLY, IS
	122	+	27 AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2023]:
	123	+	28 Sec. 1. (a) A county having a population of more than four hundred
	124	+	29 thousand (400,000) but and less than seven hundred thousand
	125	+	30 (700,000) that establishes a medical center development agency
	126	+	31 pursuant to IC 16-23.5-2 may levy each year a tax on every person
	127	+	32 engaged in the business of renting or furnishing, for periods of less than
	128	+	33 thirty (30) days by the same party in the same room, any room or
	129	+	34 rooms, lodgings, or accommodations, in any hotel, motel, inn, tourist
	130	+	35 camp, tourist cabin, or any other place in which rooms, lodgings, or
	131	+	36 accommodations are regularly furnished for a consideration.
	132	+	37 (b) Except as provided in section 1.5 of this chapter, such tax
	133	+	38 shall be at a rate of five percent (5%) on the gross retail income derived
	134	+	39 therefrom and is in addition to the state gross retail tax imposed on the
	135	+	40 retail transaction.
	136	+	41 (c) The county fiscal body may adopt an ordinance to require that
	137	+	42 the tax shall be paid monthly to the county treasurer. Except as
	138	+	ES 434—LS 7313/DI 125 3
	139	+	1 provided in section 1.5 of this chapter, if such an ordinance is
	140	+	2 adopted. The adopted, the tax shall be paid to the county treasurer not
	141	+	3 more than twenty (20) days after the end of the month the tax is
	142	+	4 collected. If such an ordinance is not adopted, the tax shall be imposed,
	143	+	5 paid, and collected in exactly the same manner as the state gross retail
	144	+	6 tax is imposed, paid, and collected.
	145	+	7 (d) All of the provisions of the state gross retail tax (IC 6-2.5)
	146	+	8 relating to rights, duties, liabilities, procedures, penalties, definitions,
	147	+	9 exemptions, and administration shall be applicable to the imposition
	148	+	10 and administration of the tax imposed by this section except to the
	149	+	11 extent such provisions are in conflict or inconsistent with the specific
	150	+	12 provisions of this chapter or the requirements of the county treasurer.
	151	+	13 Specifically and not in limitation of the foregoing sentence, the terms
	152	+	14 "person" and "gross retail income" shall have the same meaning in this
	153	+	15 section as they have in the state gross retail tax (IC 6-2.5). If the tax is
	154	+	16 paid to the department of state revenue, the returns to be filed for the
	155	+	17 payment of the tax under this section may be either a separate return or
	156	+	18 may be combined with the return filed for the payment of the state
	157	+	19 gross retail tax as the department of state revenue may, by rule,
	158	+	20 determine.
	159	+	21 (e) If the tax is paid to the department of state revenue, the amounts
	160	+	22 received from the tax shall be paid by the end of the next succeeding
	161	+	23 month by the treasurer of state to the county treasurer upon warrants
	162	+	24 issued by the auditor of state. Except as provided in section 1.5(c) of
	163	+	25 this chapter, the county treasurer shall deposit the revenue received
	164	+	26 under this chapter as provided in section 2 of this chapter.
	165	+	27 SECTION 4. IC 6-9-2-1.5 IS ADDED TO THE INDIANA CODE
	166	+	28 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
	167	+	29 1, 2023]: Sec. 1.5. (a) After June 30, 2023, the county fiscal body
	168	+	30 may adopt an ordinance to increase the tax rate imposed under
	169	+	31 section 1 of this chapter by not more than an additional five
	170	+	32 percent (5%). If the county imposes the additional tax rate
	171	+	33 authorized by this section, the additional tax rate terminates on
	172	+	34 July 1, 2050.
	173	+	35 (b) If the county fiscal body adopts an ordinance under this
	174	+	36 section:
	175	+	37 (1) it shall immediately send a certified copy of the ordinance
	176	+	38 to the department of state revenue; and
	177	+	39 (2) the increase applies to transactions after the last day of the
	178	+	40 month in which the ordinance is adopted, if the county fiscal
	179	+	41 body adopts the ordinance on or before the fifteenth day of a
	180	+	42 month. If the county fiscal body adopts the ordinance after
	181	+	ES 434—LS 7313/DI 125 4
	182	+	1 the fifteenth day of a month, the tax applies to transactions
	183	+	2 after the last day of the month following the month in which
	184	+	3 the ordinance is adopted.
	185	+	4 The increase in the tax imposed under this section continues in
	186	+	5 effect unless the increase is rescinded.
	187	+	6 (c) The amounts received from an increase adopted under this
	188	+	7 section shall be deposited in the Lake County convention and event
	189	+	8 center reserve fund established by IC 36-7.5-7-10 to be used for the
	190	+	9 purposes of the Lake County convention and event center reserve
	191	+	10 fund.
	192	+	11 (d) This section expires July 1, 2050.
	193	+	12 SECTION 5. IC 6-9-2-2, AS AMENDED BY P.L.104-2022,
	194	+	13 SECTION 31, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	195	+	14 JULY 1, 2023]: Sec. 2. (a) This section does not apply to any
	196	+	15 revenue received from an increase adopted under section 1.5 of this
	197	+	16 chapter.
	198	+	17 (b) The revenue received by the county treasurer under this chapter
	199	+	18 shall be allocated to the Lake County convention and visitor bureau,
	200	+	19 Indiana University-Northwest, Purdue University Northwest, municipal
	201	+	20 public safety departments, municipal physical and economic
	202	+	21 development divisions, and the cities and towns in the county as
	203	+	22 provided in this section. Subsections (b) through (g) (c) through (h) do
	204	+	23 not apply to the distribution of revenue received under section 1 of this
	205	+	24 chapter from hotels, motels, inns, tourist camps, tourist cabins, and
	206	+	25 other lodgings or accommodations built or refurbished after June 30,
	207	+	26 1993, that are located in the city of Gary.
	208	+	27 (b) (c) The Lake County convention and visitor bureau shall
	209	+	28 establish a convention, tourism, and visitor promotion fund (referred
	210	+	29 to in this chapter as the "promotion fund"). The county treasurer shall
	211	+	30 transfer to the Lake County convention and visitor bureau for deposit
	212	+	31 in the promotion fund thirty-five percent (35%) of the first one million
	213	+	32 two hundred thousand dollars ($1,200,000) of revenue received from
	214	+	33 the tax imposed under this chapter in each year. The promotion fund
	215	+	34 consists of:
	216	+	35 (1) money in the promotion fund on June 30, 2005;
	217	+	36 (2) revenue deposited in the promotion fund under this subsection
	218	+	37 after June 30, 2005; and
	219	+	38 (3) investment income earned on the promotion fund's assets.
	220	+	39 Money in the funds established by the bureau may be expended to
	221	+	40 promote and encourage conventions, trade shows, special events,
	222	+	41 recreation, and visitors. Money may be paid from the funds established
	223	+	42 by the bureau, by claim in the same manner as municipalities may pay
	224	+	ES 434—LS 7313/DI 125 5
	225	+	1 claims under IC 5-11-10-1.6.
	226	+	2 (c) (d) This subsection applies to the first one million two hundred
	227	+	3 thousand dollars ($1,200,000) of revenue received from the tax
	228	+	4 imposed under this chapter in each year. During each year, the county
	229	+	5 treasurer shall transfer to Indiana University-Northwest forty-four and
	230	+	6 thirty-three hundredths percent (44.33%) of the revenue received under
	231	+	7 this chapter for that year to be used as follows:
	232	+	8 (1) Seventy-five percent (75%) of the revenue received under this
	233	+	9 subsection may be used only for the university's medical
	234	+	10 education programs.
	235	+	11 (2) Twenty-five percent (25%) of the revenue received under this
	236	+	12 subsection may be used only for the university's allied health
	237	+	13 education programs.
	238	+	14 (d) (e) This subsection applies to the first one million two hundred
	239	+	15 thousand dollars ($1,200,000) of revenue received from the tax
	240	+	16 imposed under this chapter in each year. During each year, the county
	241	+	17 treasurer shall allocate among the cities and towns throughout the
	242	+	18 county nine percent (9%) of the revenue received under this chapter for
	243	+	19 that year as follows:
	244	+	20 (1) Ten percent (10%) of the revenue covered by this subsection
	245	+	21 shall be distributed to the city of Gary.
	246	+	22 (2) Ten percent (10%) of the revenue covered by this subsection
	247	+	23 shall be distributed to the city of Hammond.
	248	+	24 (3) Ten percent (10%) of the revenue covered by this subsection
	249	+	25 shall be distributed to the city of East Chicago.
	250	+	26 (4) Seventy percent (70%) of the revenue covered by this
	251	+	27 subsection shall be distributed in equal amounts to each town and
	252	+	28 each city not receiving a distribution under subdivisions (1)
	253	+	29 through (3).
	254	+	30 The money distributed under this subsection may be used only for
	255	+	31 tourism and economic development projects. The county treasurer shall
	256	+	32 make the distributions on or before December 1 of each year.
	257	+	33 (e) (f) This subsection applies to the first one million two hundred
	258	+	34 thousand dollars ($1,200,000) of revenue received from the tax
	259	+	35 imposed under this chapter in each year. During each year, the county
	260	+	36 treasurer shall transfer to Purdue University Northwest nine percent
	261	+	37 (9%) of the revenue received under this chapter for that year. The
	262	+	38 money received by Purdue University Northwest may be used by the
	263	+	39 university only for nursing education programs.
	264	+	40 (f) (g) This subsection applies to the first one million two hundred
	265	+	41 thousand dollars ($1,200,000) of revenue received from the tax
	266	+	42 imposed under this chapter in each year. During each year, the county
	267	+	ES 434—LS 7313/DI 125 6
	268	+	1 treasurer shall transfer two and sixty-seven hundredths percent (2.67%)
	269	+	2 of the revenue received under this chapter for that year to the following
	270	+	3 cities:
	271	+	4 (1) Fifty percent (50%) of the revenue covered by this subsection
	272	+	5 shall be transferred to the city of Gary.
	273	+	6 (2) Fifty percent (50%) of the revenue covered by this subsection
	274	+	7 shall be transferred to the city of Hammond.
	275	+	8 Money transferred under this subsection may be used only for
	276	+	9 convention facilities located within the city. In addition, the money may
	277	+	10 be used only for facility marketing, sales, capital expenditures, and
	278	+	11 public relations programs. Money transferred under this subsection
	279	+	12 may not be used for salaries or facility operating costs or capital
	280	+	13 expenditures related to the convention facilities. The county treasurer
	281	+	14 shall make the transfers on or before December 1 of each year.
	282	+	15 (g) (h) This subsection applies to the revenue received from the tax
	283	+	16 imposed under this chapter in each year that exceeds one million two
	284	+	17 hundred thousand dollars ($1,200,000). During each year, the county
	285	+	18 treasurer shall distribute money in the promotion fund as follows:
	286	+	19 (1) Eighty-five percent (85%) of the revenue covered by this
	287	+	20 subsection shall be deposited in the convention, tourism, and
	288	+	21 visitor promotion fund. The money deposited in the fund under
	289	+	22 this subdivision may be used only for the purposes for which
	290	+	23 other money in the fund may be used.
	291	+	24 (2) Five percent (5%) of the revenue covered by this subsection
	292	+	25 shall be transferred to Purdue University Northwest. The money
	293	+	26 received by Purdue University Northwest under this subdivision
	294	+	27 may be used by the university only for nursing education
	295	+	28 programs.
	296	+	29 (3) Five percent (5%) of the revenue covered by this subsection
	297	+	30 shall be transferred to Indiana University-Northwest. The money
	298	+	31 received by Indiana University-Northwest under this subdivision
	299	+	32 may be used only for the university's medical education programs.
	300	+	33 (4) Five percent (5%) of the revenue covered by this subsection
	301	+	34 shall be transferred to Indiana University-Northwest. The money
	302	+	35 received by Indiana University-Northwest under this subdivision
	303	+	36 may be used only for the university's allied health education
	304	+	37 programs.
	305	+	38 (h) (i) This subsection applies only to the distribution of revenue
	306	+	39 received from the tax imposed under section 1 of this chapter from
	307	+	40 hotels, motels, inns, tourist camps, tourist cabins, and other lodgings or
	308	+	41 accommodations built or refurbished after June 30, 1993, that are
	309	+	42 located in the city of Gary. During each year, the county treasurer shall
	310	+	ES 434—LS 7313/DI 125 7
	311	+	1 transfer:
	312	+	2 (1) seventy-five percent (75%) of the revenues under this
	313	+	3 subsection to the department of public safety; and
	314	+	4 (2) twenty-five percent (25%) of the revenues under this
	315	+	5 subsection to the division of physical and economic development;
	316	+	6 of the city of Gary.
	317	+	7 (i) (j) The Lake County convention and visitor bureau shall assist
	318	+	8 the county treasurer, as needed, with the calculation of the amounts that
	319	+	9 must be deposited and transferred under this section.
	320	+	10 SECTION 6. IC 36-7.5-4.5-7, AS ADDED BY P.L.248-2017,
	321	+	11 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	322	+	12 JULY 1, 2023]: Sec. 7. As used in this chapter, "gross retail tax base
	323	+	13 period amount" means the aggregate amount of state gross retail taxes
	324	+	14 remitted under IC 6-2.5 by retail merchants for the calendar year that
	325	+	15 precedes the date on in which the district was established under this
	326	+	16 chapter as determined by the department.
	327	+	17 SECTION 7. IC 36-7.5-4.5-9, AS ADDED BY P.L.248-2017,
	328	+	18 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	329	+	19 JULY 1, 2023]: Sec. 9. (a) As used in this chapter, "local income tax
	330	+	20 base period amount" means the total amount of local income tax
	331	+	21 (IC 6-3.6) paid by:
	332	+	22 (1) employees employed within a district with respect to wages
	333	+	23 and salary earned for work in the district; and
	334	+	24 (2) residents living within the district;
	335	+	25 for the calendar year that precedes the date on in which the district was
	336	+	26 established under this chapter as determined by the department.
	337	+	27 (b) If an individual is a resident of one (1) district and is
	338	+	28 employed within another district during a calendar year, the local
	339	+	29 income tax for the individual shall be attributed to the district in
	340	+	30 which the individual resides.
	341	+	31 SECTION 8. IC 36-7.5-4.5-10, AS ADDED BY P.L.248-2017,
	342	+	32 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	343	+	33 JULY 1, 2023]: Sec. 10. (a) As used in this chapter, "local income tax
	344	+	34 increment revenue" means the remainder of:
	345	+	35 (1) the total amount of local income tax (IC 6-3.6) paid by:
	346	+	36 (A) employees employed in the district with respect to wages
	347	+	37 and salary earned for work in the territory comprising the
	348	+	38 district for a particular calendar year; minus and
	349	+	39 (B) residents living within the district; minus
	350	+	40 (2) the local income tax base period amount;
	351	+	41 as determined by the department.
	352	+	42 (b) If an individual is a resident of one (1) district and is
	353	+	ES 434—LS 7313/DI 125 8
	354	+	1 employed within another district during a calendar year, the local
	355	+	2 income tax for the individual shall be attributed to the district in
	356	+	3 which the individual resides.
	357	+	4 SECTION 9. IC 36-7.5-4.5-13, AS ADDED BY P.L.248-2017,
	358	+	5 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	359	+	6 JULY 1, 2023]: Sec. 13. (a) As used in this chapter, "state income tax
	360	+	7 base period amount" means the aggregate amount of state adjusted
	361	+	8 gross income taxes paid or remitted by or on behalf of:
	362	+	9 (1) employees employed within a district with respect to wages
	363	+	10 and salary earned for work in the district; and
	364	+	11 (2) residents living within the district;
	365	+	12 during for the calendar year that precedes the date on in which the
	366	+	13 district was established under this chapter with respect to wages and
	367	+	14 salary earned for work in the territory comprising the district, as
	368	+	15 determined by the department.
	369	+	16 (b) If an individual is a resident of one (1) district and is
	370	+	17 employed within another district during a calendar year, the state
	371	+	18 income tax for the individual shall be attributed to the district in
	372	+	19 which the individual resides.
	373	+	20 SECTION 10. IC 36-7.5-4.5-14, AS ADDED BY P.L.248-2017,
	374	+	21 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	375	+	22 JULY 1, 2023]: Sec. 14. (a) As used in this chapter, "state income tax
	376	+	23 increment revenue" means the remainder of:
	377	+	24 (1) the aggregate amount of state adjusted gross income taxes
	378	+	25 paid or remitted during for a calendar year with respect to:
	379	+	26 (A) wages and salary earned for work in the territory
	380	+	27 comprising a district; minus and
	381	+	28 (B) income earned by residents living within the district;
	382	+	29 minus
	383	+	30 (2) the state income tax base period amount.
	384	+	31 (b) If an individual is a resident of one (1) district and is
	385	+	32 employed within another district during a calendar year, the state
	386	+	33 income tax for the individual shall be attributed to the district in
	387	+	34 which the individual resides.
	388	+	35 SECTION 11. IC 36-7.5-4.5-27, AS ADDED BY P.L.248-2017,
	389	+	36 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	390	+	37 JULY 1, 2023]: Sec. 27. (a) If a district is established, the treasurer of
	391	+	38 state shall establish a local income tax increment fund and an account
	392	+	39 for each district established under this chapter for deposit of local
	393	+	40 income tax increment revenue for that district.
	394	+	41 (b) The funds shall be administered by the treasurer of state. Money
	395	+	42 in a fund does not revert to the state general fund at the end of a state
	396	+	ES 434—LS 7313/DI 125 9
	397	+	1 fiscal year.
	398	+	2 (c) The total amount of local income tax (IC 6-3.6) paid by:
	399	+	3 (1) employees employed in a district with respect to wages earned
	400	+	4 for work performed in the district; and
	401	+	5 (2) residents living in the district;
	402	+	6 shall be deposited in the district's account within the local income tax
	403	+	7 increment fund. If an individual is a resident of one (1) district and
	404	+	8 is employed within another district, only the local income tax for
	405	+	9 the district in which the individual resides shall be deposited into
	406	+	10 the local income tax increment fund. For each district, the budget
	407	+	11 agency shall determine and transfer to the appropriate county account
	408	+	12 under IC 6-3.6-9 an amount equal to the local income tax base period
	409	+	13 amount for the district.
	410	+	14 (d) The budget agency shall determine and transfer any amount of
	411	+	15 the local income tax increment revenue that will not be disbursed to the
	412	+	16 development authority or redevelopment commission to the appropriate
	413	+	17 county account under IC 6-3.6-9.
	414	+	18 SECTION 12. IC 36-7.5-4.5-28, AS ADDED BY P.L.248-2017,
	415	+	19 SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	416	+	20 JULY 1, 2023]: Sec. 28. (a) Not later than sixty (60) days after
	417	+	21 receiving a copy of the resolution establishing a district, November 30
	418	+	22 of the year following the establishment of a district under this
	419	+	23 chapter, or November 30, 2024, whichever is later, the department
	420	+	24 shall determine the following for that district:
	421	+	25 (1) The state income tax base period amount.
	422	+	26 (2) The gross retail tax base period amount.
	423	+	27 (3) The local income tax base period amount.
	424	+	28 (b) Before October 1 December 1 of each year, beginning in 2018,
	425	+	29 the year two (2) years following the establishment of the district
	426	+	30 under this chapter, the department shall determine the following for
	427	+	31 each district for the preceding calendar year:
	428	+	32 (1) The state income tax increment revenue.
	429	+	33 (2) The gross retail tax increment revenue.
	430	+	34 (3) The local income tax increment revenue.
	431	+	35 (c) The department shall notify the budget agency and the
	432	+	36 development authority of each base period amount and annually each
	433	+	37 increment revenue amount.
	434	+	38 (d) Before November 1 December 15 of each calendar year, the
	435	+	39 department shall determine and certify to the Indiana finance authority
	436	+	40 and the development authority the following:
	437	+	41 (1) The state income tax increment revenue.
	438	+	42 (2) The gross retail tax increment revenue.
	439	+	ES 434—LS 7313/DI 125 10
	440	+	1 (3) The local income tax increment revenue for each district.
	441	+	2 (4) The extent to which the sum of the state income tax increment
	442	+	3 revenue and gross retail tax increment revenue certified under this
	443	+	4 subsection for all districts exceeds the sum of the amounts
	444	+	5 previously appropriated by the general assembly to the
	445	+	6 development authority for rail projects (including any amounts
	446	+	7 appropriated for debt service payments made by the Indiana
	447	+	8 finance authority for a rail project).
	448	+	9 (e) Beginning in the following calendar year, the auditor of state
	449	+	10 shall distribute from a district's account within the local income tax
	450	+	11 increment fund to the development authority or redevelopment
	451	+	12 commission, in the case of a district located in a cash participant
	452	+	13 county, on or before the twentieth day of each month one-twelfth (1/12)
	453	+	14 of March 1, the lesser of:
	454	+	15 (1) the amount of local income tax increment revenue specified
	455	+	16 by the development authority or redevelopment commission; or
	456	+	17 (2) the certified local income tax increment revenue amount for
	457	+	18 that district.
	458	+	19 (f) The development authority or redevelopment commission shall
	459	+	20 deposit the local income tax increment revenue it receives in the
	460	+	21 appropriate district account in the south shore improvement and
	461	+	22 development fund.
	462	+	23 (g) Notwithstanding subsection (a), if the department
	463	+	24 determines that an amount determined under section 7, 8, 9, 10, 13,
	464	+	25 or 14 of this chapter is in error, the department shall redetermine
	465	+	26 any erroneous amounts and notify the budget agency and
	466	+	27 development authority of any redetermination. If the department
	467	+	28 determines that the redetermination of an amount affects
	468	+	29 incremental tax amounts determined under subsection (b), the
	469	+	30 department shall recompute the incremental tax amounts and
	470	+	31 make any necessary adjustments to distributions or computations
	471	+	32 to reflect any redetermination.
	472	+	33 (h) A municipality that includes more than one (1) transit
	473	+	34 development district may share its increment revenue among the
	474	+	35 transit development districts upon approval of the legislative body
	475	+	36 of the municipality.
	476	+	37 SECTION 13. IC 36-7.5-6 IS ADDED TO THE INDIANA CODE
	477	+	38 AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
	478	+	39 JULY 1, 2023]:
	479	+	40 Chapter 6. Blighted Property Demolition Fund
	480	+	41 Sec. 1. As used in this chapter, "blighted" means real property,
	481	+	42 including a building or structure on the real property, that is no
	482	+	ES 434—LS 7313/DI 125 11
	483	+	1 longer in acceptable or beneficial condition to its community and
	484	+	2 has lost its value as a social good or economic commodity or its
	485	+	3 functional status as a livable space. The term includes a vacant lot.
	486	+	4 Sec. 2. As used in this chapter, "fund" refers to the blighted
	487	+	5 property demolition fund established by section 4 of this chapter.
	488	+	6 Sec. 3. As used in this chapter, "qualified property" means
	489	+	7 commercial or residential real property, including a structure or
	490	+	8 building located on the real property, that:
	491	+	9 (1) is the subject of an order for demolition and removal
	492	+	10 issued under IC 36-7-9-5(a)(6) or IC 36-7-9-5(a)(7);
	493	+	11 (2) is:
	494	+	12 (A) vacant or abandoned;
	495	+	13 (B) blighted; or
	496	+	14 (C) otherwise structurally damaged; and
	497	+	15 (3) poses a public health or safety risk in the community,
	498	+	16 including by contributing to crime.
	499	+	17 Sec. 4. (a) The blighted property demolition fund is established
	500	+	18 to provide grants to the city of Gary to demolish qualified
	501	+	19 properties.
	502	+	20 (b) The fund consists of:
	503	+	21 (1) appropriations from the general assembly;
	504	+	22 (2) available federal funds;
	505	+	23 (3) transfers of money under IC 4-33-13-2.5(b)(1);
	506	+	24 (4) deposits required under section 5(a) and 5(b) of this
	507	+	25 chapter; and
	508	+	26 (5) gifts, grants, donations, or other contributions from any
	509	+	27 other public or private source.
	510	+	28 (c) The development authority shall administer the fund.
	511	+	29 (d) The treasurer of state shall invest the money in the fund not
	512	+	30 currently needed to meet the obligations of the fund in the same
	513	+	31 manner as other public funds may be invested.
	514	+	32 (e) The money remaining in the fund at the end of a state fiscal
	515	+	33 year does not revert to the state general fund.
	516	+	34 (f) Money in the fund is continuously appropriated for the
	517	+	35 purposes of this chapter.
	518	+	36 (g) Subject to budget committee review, but except as provided
	519	+	37 in section 5(c) of this chapter, the development authority may
	520	+	38 receive reimbursement for expenses incurred and a reasonable and
	521	+	39 customary amount for providing administrative services from
	522	+	40 money in the fund.
	523	+	41 Sec. 5. (a) In each state fiscal year beginning after June 30, 2023,
	524	+	42 the city of Gary shall transfer up to three million dollars
	525	+	ES 434—LS 7313/DI 125 12
	526	+	1 ($3,000,000) to the development authority for deposit in the fund.
	527	+	2 (b) In each state fiscal year beginning after June 30, 2023, and
	528	+	3 ending before July 1, 2025, the development authority shall deposit
	529	+	4 three million dollars ($3,000,000) in the fund from reserve amounts
	530	+	5 held by the development authority.
	531	+	6 (c) After June 30, 2025, but not later than July 1, 2026, the
	532	+	7 development authority shall be reimbursed for all amounts
	533	+	8 deposited under subsection (b) using money in the fund. Budget
	534	+	9 committee review is not required for reimbursement under this
	535	+	10 subsection.
	536	+	11 Sec. 6. (a) The development authority shall use the money in the
	537	+	12 fund to provide grants to the city of Gary for use in paying the
	538	+	13 reasonable and necessary costs associated with demolishing a
	539	+	14 qualified property located in the territory of a current or future
	540	+	15 transit development district or in the area surrounding the Gary
	541	+	16 Metro Center, including:
	542	+	17 (1) demolition costs;
	543	+	18 (2) permit fees;
	544	+	19 (3) abatement of any hazardous materials;
	545	+	20 (4) air monitoring at demolition sites;
	546	+	21 (5) site grading; or
	547	+	22 (6) replacement of damaged sidewalk, including any
	548	+	23 associated work.
	549	+	24 (b) If the amount of money in the fund is greater than the
	550	+	25 amount needed for the purpose described in subsection (a), as
	551	+	26 determined by the development authority, the development
	552	+	27 authority may use money in the fund:
	553	+	28 (1) to provide grants to the city of Gary for paying reasonable
	554	+	29 and necessary costs, as described in subsection (a), that are
	555	+	30 associated with demolishing a qualified property located in an
	556	+	31 area that is contiguous to the territory of a current or future
	557	+	32 transit development district; or
	558	+	33 (2) for purposes of preliminary planning and design of the
	559	+	34 Gary Metro Center revitalization project.
	560	+	35 (c) Money in the fund may not be used for any of the following
	561	+	36 purposes:
	562	+	37 (1) City administrative costs, including project management.
	563	+	38 (2) Property acquisition or redevelopment.
	564	+	39 Sec. 7. The city of Gary may apply to the development authority
	565	+	40 for a grant from the fund in the manner prescribed by the
	566	+	41 development authority. The city of Gary shall submit to the
	567	+	42 development authority any information that the development
	568	+	ES 434—LS 7313/DI 125 13
	569	+	1 authority determines is necessary.
	570	+	2 Sec. 8. The city of Gary shall provide reports to the development
	571	+	3 authority concerning the work completed, a detailed accounting of
	572	+	4 projects, project milestones, and other relevant information. The
	573	+	5 development authority may determine the frequency of the
	574	+	6 reporting required under this section.
	575	+	7 Sec. 9. The development authority shall quarterly report to the
	576	+	8 budget committee on all uses of money in the fund, including
	577	+	9 grants provided and grant amounts.
	578	+	10 Sec. 10. This chapter expires July 1, 2050.
	579	+	11 SECTION 14. IC 36-7.5-7 IS ADDED TO THE INDIANA CODE
	580	+	12 AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
	581	+	13 JULY 1, 2023]:
	582	+	14 Chapter 7. Lake County Convention and Economic
	583	+	15 Development Convention Fund
	584	+	16 Sec. 1. As used in this chapter, "commuter transportation
	585	+	17 district" means the northern Indiana commuter transportation
	586	+	18 district established under IC 8-5-15.
	587	+	19 Sec. 2. As used in this chapter, "convention center authority"
	588	+	20 refers to the Lake County convention center authority established
	589	+	21 under section 9 of this chapter.
	590	+	22 Sec. 3. As used in this chapter, "convention fund" means the
	591	+	23 Lake County convention and economic development convention
	592	+	24 fund established by section 5 of this chapter.
	593	+	25 Sec. 4. As used in this chapter, "reserve fund" means the Lake
	594	+	26 County convention and event center reserve fund established by
	595	+	27 section 10 of this chapter.
	596	+	28 Sec. 5. (a) The Lake County convention and economic
	597	+	29 development convention fund is established. The fund shall be
	598	+	30 administered by the development authority.
	599	+	31 (b) The convention fund consists of:
	600	+	32 (1) deposits under IC 4-33-13-2.5(b)(2);
	601	+	33 (2) deposits under subsection (c);
	602	+	34 (3) appropriations to the fund;
	603	+	35 (4) gifts, grants, loans, bond proceeds, and other money
	604	+	36 received for deposit in the fund; and
	605	+	37 (5) other deposits or transfers of funds from local units
	606	+	38 located in Lake County.
	607	+	39 (c) If a proposal is approved as provided under this chapter,
	608	+	40 each state fiscal year, beginning with the first state fiscal year that
	609	+	41 begins after the proposal is approved, the approved entity shall
	610	+	42 deposit up to five million dollars ($5,000,000) in the convention
	611	+	ES 434—LS 7313/DI 125 14
	612	+	1 fund.
	613	+	2 (d) The development authority shall administer money,
	614	+	3 including determining amounts to be used and the specific
	615	+	4 purposes, from the convention fund.
	616	+	5 (e) Except as provided in section 8(d) of this chapter, the money
	617	+	6 remaining in the convention fund at the end of a state fiscal year
	618	+	7 does not revert to the state general fund.
	619	+	8 (f) Money in the convention fund is continuously appropriated
	620	+	9 for the purposes of this chapter.
	621	+	10 (g) Subject to budget committee review, but except as provided
	622	+	11 in subsection (i), the development authority may receive
	623	+	12 reimbursement for expenses incurred and a reasonable and
	624	+	13 customary amount for providing administrative services from
	625	+	14 money in the convention fund.
	626	+	15 (h) The development authority shall quarterly report to the
	627	+	16 budget committee on all uses of money in the convention fund and
	628	+	17 the status of the convention and event center project.
	629	+	18 (i) The development authority shall conduct an updated
	630	+	19 feasibility study related to a potential convention and event center
	631	+	20 located in Lake County. The development authority shall be
	632	+	21 reimbursed for the costs of obtaining the updated feasibility study
	633	+	22 from money in the fund. Budget committee review is not required
	634	+	23 for reimbursement under this subsection.
	635	+	24 Sec. 6. (a) Money in the convention fund may be used only for
	636	+	25 the following:
	637	+	26 (1) To acquire, improve, prepare, modernize, construct,
	638	+	27 repair, demolish, and equip a convention center located in
	639	+	28 Lake County.
	640	+	29 (2) To pay the principal and interest on any obligations,
	641	+	30 including bonds or leases and development costs, incurred by
	642	+	31 the development authority for the purpose of financing or
	643	+	32 refinancing the development of a convention center located in
	644	+	33 Lake County.
	645	+	34 (3) To establish, augment, or restore a debt service reserve for
	646	+	35 obligations described in this subsection.
	647	+	36 (4) If the development authority determines excess money
	648	+	37 exists in the convention fund, for improvements to the
	649	+	38 convention center and around the convention center.
	650	+	39 (b) Money in the convention fund may not be used to pay
	651	+	40 operating expenses.
	652	+	41 Sec. 7. A public-private agreement may be entered into for
	653	+	42 purposes of operating and maintaining a convention center located
	654	+	ES 434—LS 7313/DI 125 15
	655	+	1 in Lake County.
	656	+	2 Sec. 8. (a) Beginning July 1, 2023, the Lake County board of
	657	+	3 commissioners shall begin accepting proposals for the
	658	+	4 development, operation, and an ownership share in a Lake County
	659	+	5 convention and event center from any entity qualified to fund and
	660	+	6 operate a convention and event center, including local political
	661	+	7 subdivisions. Subject to subsection (d), timely proposals shall be
	662	+	8 submitted not later than May 31, 2024. A proposal must include at
	663	+	9 least the following:
	664	+	10 (1) Any variance in the entity's proposal from what is
	665	+	11 described in the updated feasibility study prepared under
	666	+	12 section 5(i) of this chapter as the variance is related to a
	667	+	13 return on investment analysis, including anticipated income
	668	+	14 generated countywide, peripheral investment anticipated to
	669	+	15 result from the project, or anticipated gross retail tax revenue
	670	+	16 to be generated from the project.
	671	+	17 (2) The uses that the convention and event center will
	672	+	18 accommodate.
	673	+	19 (3) Acknowledgment that in order to secure money from the
	674	+	20 convention fund and reserve fund, the Lake County
	675	+	21 convention center authority, as described in section 9 of this
	676	+	22 chapter, will share in ownership of the convention and event
	677	+	23 center.
	678	+	24 (4) An operating plan, including information concerning:
	679	+	25 (A) any third party entity expected to manage and operate
	680	+	26 the facility;
	681	+	27 (B) any professional experience with convention center
	682	+	28 operations;
	683	+	29 (C) any professional experience with facility management;
	684	+	30 and
	685	+	31 (D) any experience with efficiency programs used for
	686	+	32 managing operating costs and capital expenditures.
	687	+	33 (5) An anticipated operating budget for the facility, including
	688	+	34 the financing of any operational shortfall and pro forma
	689	+	35 operating statements for the first five (5) years of operations.
	690	+	36 (6) Any documents related to vendor agreements, leases,
	691	+	37 partnerships, and financing plans and commitments.
	692	+	38 (7) Any proposed or available hotel accommodations that may
	693	+	39 be dedicated for the promotion and sales of the convention
	694	+	40 and event center, and not for promotional uses for any other
	695	+	41 associated facility.
	696	+	42 (8) Any other information considered necessary by the Lake
	697	+	ES 434—LS 7313/DI 125 16
	698	+	1 County board of commissioners.
	699	+	2 (b) Proposals shall be submitted to the Lake County board of
	700	+	3 commissioners and reviewed for completeness, adherence to the
	701	+	4 requirements under this section, and evaluation of the materials
	702	+	5 submitted.
	703	+	6 (c) The Lake County board of commissioners shall hold public
	704	+	7 hearings concerning proposals submitted and for the selection of
	705	+	8 any professional advisers to be used in approval of a proposal.
	706	+	9 (d) If a proposal is approved, the Lake County board of
	707	+	10 commissioners shall adopt a resolution to that effect not later than
	708	+	11 December 1, 2024. If no proposal is approved before December 1,
	709	+	12 2024, proposals may continue to be submitted to the Lake County
	710	+	13 board of commissioners for review. However, if no proposal is
	711	+	14 approved before January 1, 2028, no additional proposals may be
	712	+	15 accepted, and any money in the fund reverts to the state general
	713	+	16 fund.
	714	+	17 Sec. 9. (a) If a proposal is approved under section 8 of this
	715	+	18 chapter, following the approval of the proposal, the Lake County
	716	+	19 convention center authority is established for the purpose of
	717	+	20 holding an equal share of ownership of the Lake County
	718	+	21 convention and event center with the entity whose proposal is
	719	+	22 approved and for providing general oversight of the upkeep,
	720	+	23 improvements, and management team as outlined in the accepted
	721	+	24 proposal. Subject to subsection (e), the convention center authority
	722	+	25 consists of seven (7) members, appointed as follows:
	723	+	26 (1) Three (3) members appointed by the entity whose proposal
	724	+	27 is approved under section 8 of this chapter.
	725	+	28 (2) Three (3) members appointed by the Lake County board
	726	+	29 of commissioners.
	727	+	30 (3) One (1) member appointed by the governor.
	728	+	31 Individuals appointed to the convention center authority must have
	729	+	32 professional experience in commercial facility management.
	730	+	33 (b) The term of office for a member of the board is two (2)
	731	+	34 years. The term begins July 1 of the year in which the member is
	732	+	35 appointed and ends on June 30 of the second year following the
	733	+	36 member's appointment. A member may be reappointed after the
	734	+	37 member's term has expired.
	735	+	38 (c) A vacancy in membership must be filled in the same manner
	736	+	39 as the original appointment. Appointments made to fill a vacancy
	737	+	40 that occurs before the expiration of a term are for the remainder
	738	+	41 of the unexpired term.
	739	+	42 (d) The member appointed under subsection (a)(3) shall serve
	740	+	ES 434—LS 7313/DI 125 17
	741	+	1 as the chairperson of the convention center authority. The
	742	+	2 convention center authority shall meet at the call of the
	743	+	3 chairperson.
	744	+	4 (e) An individual may not be appointed to the convention center
	745	+	5 authority if the individual is a party to a contract or agreement
	746	+	6 with the entity whose proposal is approved, is employed by the
	747	+	7 entity whose proposal is approved, or otherwise has a direct or
	748	+	8 indirect financial interest in the entity whose proposal is approved
	749	+	9 under this chapter.
	750	+	10 Sec. 10. (a) A local county fund known as the Lake County
	751	+	11 convention and event center reserve fund is established to pay for:
	752	+	12 (1) additions;
	753	+	13 (2) refurbishment; and
	754	+	14 (3) budget shortfalls or other unusual costs;
	755	+	15 of a convention and event center that is constructed using money
	756	+	16 from the convention fund under this chapter.
	757	+	17 (b) The reserve fund consists of:
	758	+	18 (1) transfers under IC 6-9-2-1.5(c); and
	759	+	19 (2) gifts, grants, donations, or other contributions from any
	760	+	20 other public or private source.
	761	+	21 (c) The convention center authority shall administer the reserve
	762	+	22 fund.
	763	+	23 Sec. 11. (a) With respect to projects undertaken by the
	764	+	24 development authority under this chapter, the development
	765	+	25 authority shall set a goal for participation by minority business
	766	+	26 enterprises of fifteen percent (15%) and women's business
	767	+	27 enterprises of five percent (5%), consistent with the goals of
	768	+	28 delivering the project on time and within the budgeted amount
	769	+	29 and, insofar as possible, using Indiana businesses for employees,
	770	+	30 goods, and services. In fulfilling the goal, the development
	771	+	31 authority shall take into account historical precedents in the same
	772	+	32 market.
	773	+	33 (b) In addition to the provisions of subsection (a), with respect
	774	+	34 to construction and demolition projects undertaken by the
	775	+	35 development authority under this chapter, the development
	776	+	36 authority shall set a goal for hiring at least twenty percent (20%)
	777	+	37 of employees from local units:
	778	+	38 (1) located within the boundaries of the development
	779	+	39 authority; and
	780	+	40 (2) with an unemployment rate that exceeds the statewide
	781	+	41 unemployment rate by more than twenty percent (20%).
	782	+	42 Sec. 12. This chapter expires July 1, 2050.
	783	+	ES 434—LS 7313/DI 125 18
	784	+	1 SECTION 15. IC 36-7.5-8 IS ADDED TO THE INDIANA CODE
	785	+	2 AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
	786	+	3 JULY 1, 2023]:
	787	+	4 Chapter 8. Gary Metro Center Station Revitalization Fund
	788	+	5 Sec. 1. As used in this chapter, "board" refers to the Gary
	789	+	6 Metro Center station revitalization project board established by
	790	+	7 section 7 of this chapter.
	791	+	8 Sec. 2. As used in this chapter, "fund" refers to the Gary Metro
	792	+	9 Center station revitalization fund established by section 3 of this
	793	+	10 chapter.
	794	+	11 Sec. 3. (a) The Gary Metro Center station revitalization fund is
	795	+	12 established to provide funding for the Gary Metro Center
	796	+	13 revitalization project.
	797	+	14 (b) The fund consists of:
	798	+	15 (1) appropriations from the general assembly;
	799	+	16 (2) available federal funds;
	800	+	17 (3) transfers of money under IC 4-33-13-2.5(b)(3);
	801	+	18 (4) deposits required under section 4 of this chapter; and
	802	+	19 (5) gifts, grants, donations, or other contributions from any
	803	+	20 other public or private source.
	804	+	21 (c) The development authority shall administer the fund.
	805	+	22 (d) The money remaining in the fund at the end of a state fiscal
	806	+	23 year does not revert to the state general fund.
	807	+	24 (e) Money in the fund is continuously appropriated for the
	808	+	25 purposes of this chapter.
	809	+	26 (f) Subject to budget committee review, the development
	810	+	27 authority may receive reimbursement for expenses incurred and
	811	+	28 a reasonable and customary amount for providing administrative
	812	+	29 services from money in the fund.
	813	+	30 Sec. 4. In each state fiscal year beginning after June 30, 2025,
	814	+	31 the city of Gary shall transfer up to three million dollars
	815	+	32 ($3,000,000) to the development authority for deposit in the fund.
	816	+	33 Sec. 5. (a) The city of Gary shall enter into an agreement with
	817	+	34 the licensed owner operating a riverboat sited at a location
	818	+	35 approved under IC 4-33-6-4.5 for a term of twenty-five (25) years,
	819	+	36 concerning agreed upon contributions of up to three million dollars
	820	+	37 ($3,000,000) in order to obtain state matching grants and the
	821	+	38 issuance of bonds for the Gary Metro Center station revitalization
	822	+	39 project.
	823	+	40 (b) The city of Gary and the development authority shall apply
	824	+	41 for all available federal grants to defer the cost of construction for
	825	+	42 the Gary metro center station revitalization project.
	826	+	ES 434—LS 7313/DI 125 19
	827	+	1 (c) The northern Indiana commuter transportation district
	828	+	2 established under IC 8-5-15 shall pursue federal funding for the
	829	+	3 purposes of modernizing the Gary metro train platform.
	830	+	4 Sec. 6. (a) The development authority shall use the money in the
	831	+	5 fund for planning costs, design costs, engineering costs, and
	832	+	6 architectural costs, and to provide matching funds needed for
	833	+	7 federal matching grants for the demolition and reconstruction of
	834	+	8 the Gary Metro Center station. The development authority shall
	835	+	9 reconstruct the Gary Metro Center station and coordinate among
	836	+	10 the several transit authorities, the city of Gary, and the federal
	837	+	11 government in accomplishing the replacement of the facility.
	838	+	12 (b) If the amount of money in the fund is greater than the
	839	+	13 amount needed for the purposes described in subsection (a), as
	840	+	14 determined by the development authority, the development
	841	+	15 authority may use money in the fund:
	842	+	16 (1) to provide grants to the city of Gary for paying reasonable
	843	+	17 and necessary costs associated with demolishing a qualified
	844	+	18 property (as defined in IC 36-7.5-6-3) located in an area that
	845	+	19 is contiguous to the territory of a current or future transit
	846	+	20 development district;
	847	+	21 (2) for purposes of revitalizing property contiguous to the
	848	+	22 territory of a current or future transit development district;
	849	+	23 (3) for other costs related to expansion of the Gary Metro
	850	+	24 Center station; and
	851	+	25 (4) for purposes of paying expenses for enhancing public
	852	+	26 safety in the area immediately surrounding the Gary Metro
	853	+	27 Center station and within the established transit development
	854	+	28 district.
	855	+	29 Sec. 7. (a) The Gary Metro Center station revitalization project
	856	+	30 board is established.
	857	+	31 (b) Subject to subsection (f), the board consists of the following
	858	+	32 seven (7) members:
	859	+	33 (1) Three (3) members appointed by the executive of the city
	860	+	34 of Gary.
	861	+	35 (2) Three (3) members appointed by the development
	862	+	36 authority.
	863	+	37 (3) One (1) member appointed by the governor.
	864	+	38 Individuals appointed to the board must have professional
	865	+	39 experience in commercial facility management.
	866	+	40 (c) Ownership of the Gary Metro Center station shall be held by
	867	+	41 the board.
	868	+	42 (d) The board shall provide oversight of the ongoing
	869	+	ES 434—LS 7313/DI 125 20
	870	+	1 maintenance and operation of the Gary Metro Center station.
	871	+	2 (e) The member appointed under subsection (a)(3) shall serve as
	872	+	3 the chairperson of the board. The board shall meet at the call of the
	873	+	4 chairperson.
	874	+	5 (f) An individual may not be appointed to the board if the
	875	+	6 individual is a party to a contract or agreement with an entity
	876	+	7 involved in the reconstruction of the Gary Metro Center station, is
	877	+	8 employed by an entity involved in the reconstruction of the Gary
	878	+	9 Metro Center station, or otherwise has a direct or indirect
	879	+	10 financial interest in an entity involved in the reconstruction of the
	880	+	11 Gary Metro Center station.
	881	+	12 Sec. 8. (a) The term of office for a member of the board is two
	882	+	13 (2) years. The term begins July 1 of the year in which the member
	883	+	14 is appointed and ends on June 30 of the second year following the
	884	+	15 member's appointment. A member may be reappointed after the
	885	+	16 member's term has expired.
	886	+	17 (b) A vacancy in membership must be filled in the same manner
	887	+	18 as the original appointment. Appointments made to fill a vacancy
	888	+	19 that occurs before the expiration of a term are for the remainder
	889	+	20 of the unexpired term.
	890	+	21 Sec. 9. The development authority shall quarterly report to the
	891	+	22 budget committee on all uses of money in the fund, including
	892	+	23 grants provided and grant amounts.
	893	+	ES 434—LS 7313/DI 125 21
	894	+	COMMITTEE REPORT
	895	+	Madam President: The Senate Committee on Appropriations, to
	896	+	which was referred Senate Bill No. 434, has had the same under
	897	+	consideration and begs leave to report the same back to the Senate with
	898	+	the recommendation that said bill be AMENDED as follows:
	899	+	Page 1, line 9, delete "each month an amount equal to one million
	900	+	five hundred thousand" and insert "up to ten million dollars
	901	+	($10,000,000) in each state fiscal year".
	902	+	Page 1, line 10, delete "dollars ($1,500,000)".
	903	+	Page 1, line 13, after "IC 36-7.5-7-2." insert "The amount
	904	+	deposited each state fiscal year under this section must be matched
	905	+	on a dollar for dollar basis by revenues contributed under a local
	906	+	development agreement by the licensed owner operating a
	907	+	riverboat sited at a location approved under IC 4-33-6-4.5.".
	908	+	Page 1, between lines 13 and 14, begin a new paragraph and insert:
	909	+	"(c) This section expires July 1, 2045.".
	910	+	Page 1, after line 17, begin a new paragraph and insert:
	911	+	"SECTION 3. IC 5-20-11 IS ADDED TO THE INDIANA CODE
	912	+	AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
	913	+	JULY 1, 2023]:
	914	+	Chapter 11. Blighted Property Demolition Fund
	915	+	Sec. 1. As used in this chapter, "authority" refers to the Indiana
	916	+	housing and community development authority created by
	917	+	IC 5-20-1-3.
	918	+	Sec. 2. As used in this chapter, "blighted" means real property,
	919	+	including a building or structure on the real property, that is no
	920	+	longer in acceptable or beneficial condition to its community and
	921	+	has lost its value as a social good or economic commodity or its
	922	+	functional status as a livable space. The term includes a vacant lot.
	923	+	Sec. 3. As used in this chapter, "eligible entity" means the city
	924	+	of Gary.
	925	+	Sec. 4. As used in this chapter, "fund" refers to the blighted
	926	+	property demolition fund established by section 6 of this chapter.
	927	+	Sec. 5. As used in this chapter, "qualified property" means
	928	+	commercial or residential real property, including a structure or
	929	+	building located on the real property, that:
	930	+	(1) is the subject of an order for demolition and removal
	931	+	issued under IC 36-7-9-5(a)(6) or IC 36-7-9-5(a)(7);
	932	+	(2) is:
	933	+	(A) vacant or abandoned;
	934	+	(B) blighted; or
	935	+	(C) otherwise structurally damaged; and
	936	+	ES 434—LS 7313/DI 125 22
	937	+	(3) poses a public health or safety risk in the community,
	938	+	including by contributing to crime.
	939	+	Sec. 6. (a) The blighted property demolition fund is established
	940	+	to provide grants to the eligible entity to demolish qualified
	941	+	properties.
	942	+	(b) The fund consists of:
	943	+	(1) appropriations from the general assembly;
	944	+	(2) federal funds;
	945	+	(3) transfers of money under IC 36-7.5-7-5(a)(3); and
	946	+	(4) gifts, grants, donations, or other contributions from any
	947	+	other public or private source.
	948	+	(c) The authority shall administer the fund.
	949	+	(d) The treasurer of state shall invest the money in the fund not
	950	+	currently needed to meet the obligations of the fund in the same
	951	+	manner as other public funds may be invested.
	952	+	(e) The money remaining in the fund at the end of a state fiscal
	953	+	year does not revert to the state general fund.
	954	+	(f) Money in the fund is continuously appropriated for the
	955	+	purposes of this chapter.
	956	+	Sec. 7. (a) The authority shall use the money in the fund to
	957	+	provide grants to the eligible entity for use in paying the
	958	+	reasonable and necessary costs associated with demolishing a
	959	+	qualified property, such as:
	960	+	(1) demolition costs;
	961	+	(2) permit fees;
	962	+	(3) abatement of any hazardous materials;
	963	+	(4) air monitoring at demolition sites;
	964	+	(5) site grading; or
	965	+	(6) replacement of damaged sidewalk, including any
	966	+	associated work.
	967	+	(b) Money in the fund may not be used for any of the following
	968	+	purposes:
	969	+	(1) Project administration, including project management.
	970	+	(2) Property acquisition or redevelopment.
	971	+	Sec. 8. If the eligible entity seeks a grant from the fund, the
	972	+	eligible entity shall apply to the authority in the manner prescribed
	973	+	by the authority. The eligible entity shall submit to the authority
	974	+	any other information that the authority determines is necessary
	975	+	to determine whether it may receive a grant from the fund.
	976	+	Sec. 9. The authority shall establish the maximum grant amount
	977	+	that may be awarded to an eligible entity.
	978	+	Sec. 10. The eligible entity that receives a grant from the fund
	979	+	ES 434—LS 7313/DI 125 23
	980	+	shall report to the authority detailing the work completed, a
	981	+	detailed accounting of the project, project milestones, and other
	982	+	relevant information. The authority may determine the frequency
	983	+	of the reporting required under this section.
	984	+	Sec. 11. The authority may adopt rules under IC 4-22-2 to
	985	+	implement this chapter.
	986	+	Sec. 12. This chapter expires July 1, 2045.".
	987	+	Page 3, line 1, delete "and 1.5(d)".
	988	+	Page 3, line 8, after "rate." insert "If the county imposes the
	989	+	additional tax rate authorized by this section, the additional tax
	990	+	rate terminates on July 1, 2045.".
	991	+	Page 3, delete lines 33 through 39, begin a new paragraph and
	992	+	insert:
	993	+	"(d) This section expires July 1, 2045.".
	994	+	Page 4, line 1, delete "paid according to section 1.5(c)(1) or 1.5(d)
	995	+	of this chapter." and insert "received under section 1.5 of this
	996	+	chapter.".
	997	+	Page 7, line 7, delete "jointly".
	998	+	Page 7, line 8, delete "authority and the commuter transportation
	999	+	district." and insert "authority.".
	1000	+	Page 7, delete lines 17 through 18.
	1001	+	Page 7, line 19, delete "6." and insert "5.".
	1002	+	Page 7, line 19, delete "section 7" and insert "section 6".
	1003	+	Page 7, line 22, delete "maintain,".
	1004	+	Page 7, line 22, delete "operate, furnish,".
	1005	+	Page 7, line 25, delete "(b)," and insert "(c),".
	1006	+	Page 7, line 30, after "including" insert "bonds or".
	1007	+	Page 7, line 34, delete "(b)," and insert "(c),".
	1008	+	Page 7, between lines 37 and 38, begin a new line block indented
	1009	+	and insert:
	1010	+	"(3) For the purposes of transferring money to the blighted
	1011	+	property demolition fund established by IC 5-20-11-6.
	1012	+	(4) Public safety expenses.".
	1013	+	Page 7, line 38, delete "(3)" and insert "(5)".
	1014	+	Page 7, between lines 39 and 40, begin a new paragraph and insert:
	1015	+	"(b) Money in the fund may not be used to pay operating
	1016	+	expenses other than public safety expenses as set forth in this
	1017	+	section.".
	1018	+	Page 7, line 40, delete "(b)" and insert "(c)".
	1019	+	Page 8, line 2, delete "7." and insert "6.".
	1020	+	Page 8, line 4, delete "section 6" and insert "section 5".
	1021	+	Page 8, line 5, after "chapter" insert ".".
	1022	+	ES 434—LS 7313/DI 125 24
	1023	+	Page 8, line 5, delete "related to a convention center located in the
	1024	+	city of Gary".
	1025	+	Page 8, delete line 6.
	1026	+	Page 8, line 7, delete "8." and insert "7.".
	1027	+	Page 8, line 10, delete "9." and insert "8.".
	1028	+	Page 8, line 29, delete "10." and insert "9.".
	1029	+	Page 8, line 31, delete "11." and insert "10.".
	1030	+	Page 8, delete lines 33 through 39, begin a new paragraph and
	1031	+	insert:
	1032	+	"Sec. 11. This chapter expires July 1, 2045.".
	1033	+	Renumber all SECTIONS consecutively.
	1034	+	and when so amended that said bill do pass.
	1035	+	(Reference is to SB 434 as introduced.)
	1036	+	MISHLER, Chairperson
	1037	+	Committee Vote: Yeas 14, Nays 0.
	1038	+	SENATE MOTION
	1039	+	Madam President: I move that Senate Bill 434 be amended to read
	1040	+	as follows:
	1041	+	Page 1, line 13, delete "IC 36-7.5-7-2." and insert "IC 36-7.5-7-3.".
	1042	+	Page 1, line 13, delete "The amount".
	1043	+	Page 1, delete lines 14 through 17, begin a new paragraph and
	1044	+	insert:
	1045	+	"(c) The amount deposited each state fiscal year under this
	1046	+	section must be matched locally on a dollar for dollar basis.
	1047	+	(d) Budget committee review is required before any money may
50	1048		be:
51		-	(1) matched under subsection (b); and
52		-	(2) released to any of the following funds:
53		-	(A) The blighted property demolition fund established by
54		-	IC 36-7.5-6-4.
55		-	(B) The Lake County economic development and
56		-	convention fund established by IC 36-7.5-7-5.
57		-	(C) The Gary Metro Center station revitalization fund
58		-	established by IC 36-7.5-8-3.
59		-	(d) The northwest Indiana regional development authority
60		-	established by IC 36-7.5-2-1 shall provide any information to the
61		-	department that the department determines is necessary for the
62		-	department to carry out this section.
63		-	(e) This section expires July 1, 2050.
64		-	SECTION 2. IC 4-33-13-3 IS AMENDED TO READ AS
65		-	FOLLOWS [EFFECTIVE JULY 1, 2023]: Sec. 3. Except as provided
66		-	in section 2.5 of this chapter, the department shall deposit tax revenue
67		-	collected under this chapter in the state gaming fund.
68		-	SECTION 3. IC 6-9-2-1, AS AMENDED BY THE TECHNICAL
69		-	CORRECTIONS BILL OF THE 2023 GENERAL ASSEMBLY, IS
70		-	AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2023]:
71		-	Sec. 1. (a) A county having a population of more than four hundred
72		-	thousand (400,000) but and less than seven hundred thousand
73		-	(700,000) that establishes a medical center development agency
74		-	pursuant to IC 16-23.5-2 may levy each year a tax on every person
75		-	engaged in the business of renting or furnishing, for periods of less than
76		-	thirty (30) days by the same party in the same room, any room or
77		-	rooms, lodgings, or accommodations, in any hotel, motel, inn, tourist
78		-	camp, tourist cabin, or any other place in which rooms, lodgings, or
79		-	accommodations are regularly furnished for a consideration.
80		-	SEA 434 — CC 1 3
81		-	(b) Except as provided in section 1.5 of this chapter, such tax
82		-	shall be at a rate of five percent (5%) on the gross retail income derived
83		-	therefrom and is in addition to the state gross retail tax imposed on the
84		-	retail transaction.
85		-	(c) The county fiscal body may adopt an ordinance to require that
86		-	the tax shall be paid monthly to the county treasurer. Except as
87		-	provided in section 1.5 of this chapter, if such an ordinance is
88		-	adopted. The adopted, the tax shall be paid to the county treasurer not
89		-	more than twenty (20) days after the end of the month the tax is
90		-	collected. If such an ordinance is not adopted, the tax shall be imposed,
91		-	paid, and collected in exactly the same manner as the state gross retail
92		-	tax is imposed, paid, and collected.
93		-	(d) All of the provisions of the state gross retail tax (IC 6-2.5)
94		-	relating to rights, duties, liabilities, procedures, penalties, definitions,
95		-	exemptions, and administration shall be applicable to the imposition
96		-	and administration of the tax imposed by this section except to the
97		-	extent such provisions are in conflict or inconsistent with the specific
98		-	provisions of this chapter or the requirements of the county treasurer.
99		-	Specifically and not in limitation of the foregoing sentence, the terms
100		-	"person" and "gross retail income" shall have the same meaning in this
101		-	section as they have in the state gross retail tax (IC 6-2.5). If the tax is
102		-	paid to the department of state revenue, the returns to be filed for the
103		-	payment of the tax under this section may be either a separate return or
104		-	may be combined with the return filed for the payment of the state
105		-	gross retail tax as the department of state revenue may, by rule,
106		-	determine.
107		-	(e) If the tax is paid to the department of state revenue, the amounts
108		-	received from the tax shall be paid by the end of the next succeeding
109		-	month by the treasurer of state to the county treasurer upon warrants
110		-	issued by the auditor of state. Except as provided in section 1.5(c) of
111		-	this chapter, the county treasurer shall deposit the revenue received
112		-	under this chapter as provided in section 2 of this chapter.
113		-	SECTION 4. IC 6-9-2-1.5 IS ADDED TO THE INDIANA CODE
114		-	AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
115		-	1, 2023]: Sec. 1.5. (a) After June 30, 2023, the county fiscal body
116		-	may adopt an ordinance to increase the tax rate imposed under
117		-	section 1 of this chapter by not more than an additional five
118		-	percent (5%). If the county imposes the additional tax rate
119		-	authorized by this section, the additional tax rate terminates on
120		-	July 1, 2050.
121		-	(b) If the county fiscal body adopts an ordinance under this
122		-	section:
123		-	SEA 434 — CC 1 4
124		-	(1) it shall immediately send a certified copy of the ordinance
125		-	to the department of state revenue; and
126		-	(2) the increase applies to transactions after the last day of the
127		-	month in which the ordinance is adopted, if the county fiscal
128		-	body adopts the ordinance on or before the fifteenth day of a
129		-	month. If the county fiscal body adopts the ordinance after
130		-	the fifteenth day of a month, the tax applies to transactions
131		-	after the last day of the month following the month in which
132		-	the ordinance is adopted.
133		-	The increase in the tax imposed under this section continues in
134		-	effect unless the increase is rescinded.
135		-	(c) The amounts received from an increase adopted under this
136		-	section shall be deposited in the Lake County convention and event
137		-	center reserve fund established by IC 36-7.5-7-10 to be used for the
138		-	purposes of the Lake County convention and event center reserve
139		-	fund.
140		-	(d) This section expires July 1, 2050.
141		-	SECTION 5. IC 6-9-2-2, AS AMENDED BY P.L.104-2022,
	1049	+	(1) matched under subsection (c); and
	1050	+	(2) released from the Lake County convention and economic
	1051	+	development fund established by IC 36-7.5-7-3.".
	1052	+	Page 2, line 1, delete "(c)" and insert "(e)".
	1053	+	Page 2, line 1, delete "2045." and insert "2050.".
	1054	+	Page 3, line 37, delete "2045." and insert "2050.".
	1055	+	Page 5, line 4, delete "2045." and insert "2050.".
	1056	+	Page 5, line 20, delete "Except as provided in subsection (d), the"
	1057	+	and insert "The".
	1058	+	ES 434—LS 7313/DI 125 25
	1059	+	Page 5, line 21, delete "to the South Shore".
	1060	+	Page 5, line 22, delete "convention and visitors authority".
	1061	+	Page 5, line 24, delete "IC 36-7.5-7-2" and insert "IC 36-7.5-7-3".
	1062	+	Page 5, line 29, delete "2045." and insert "2050.".
	1063	+	Page 5, delete lines 30 through 42, begin a new paragraph and
	1064	+	insert:
	1065	+	"SECTION 6. IC 6-9-2-2, AS AMENDED BY P.L.104-2022,
142	1066		SECTION 31, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
143	1067		JULY 1, 2023]: Sec. 2. (a) This section does not apply to any
144		-	revenue received from an increase adopted under section 1.5 of this
145		-	chapter.
	1068	+	revenue paid according to section 1.5(c)(1) of this chapter.
146	1069		(b) The revenue received by the county treasurer under this chapter
147	1070		shall be allocated to the Lake County convention and visitor bureau,
148	1071		Indiana University-Northwest, Purdue University Northwest, municipal
149	1072		public safety departments, municipal physical and economic
150	1073		development divisions, and the cities and towns in the county as
151	1074		provided in this section. Subsections (b) through (g) (c) through (h) do
152	1075		not apply to the distribution of revenue received under section 1 of this
153	1076		chapter from hotels, motels, inns, tourist camps, tourist cabins, and
154	1077		other lodgings or accommodations built or refurbished after June 30,
155	1078		1993, that are located in the city of Gary.
156	1079		(b) (c) The Lake County convention and visitor bureau shall
157	1080		establish a convention, tourism, and visitor promotion fund (referred
158	1081		to in this chapter as the "promotion fund"). The county treasurer shall
159	1082		transfer to the Lake County convention and visitor bureau for deposit
160	1083		in the promotion fund thirty-five percent (35%) of the first one million
161	1084		two hundred thousand dollars ($1,200,000) of revenue received from
162	1085		the tax imposed under this chapter in each year. The promotion fund
163	1086		consists of:
164	1087		(1) money in the promotion fund on June 30, 2005;
165	1088		(2) revenue deposited in the promotion fund under this subsection
166		-	SEA 434 — CC 1 5
167	1089		after June 30, 2005; and
168	1090		(3) investment income earned on the promotion fund's assets.
169	1091		Money in the funds established by the bureau may be expended to
170	1092		promote and encourage conventions, trade shows, special events,
171	1093		recreation, and visitors. Money may be paid from the funds established
172	1094		by the bureau, by claim in the same manner as municipalities may pay
173	1095		claims under IC 5-11-10-1.6.
174	1096		(c) (d) This subsection applies to the first one million two hundred
175	1097		thousand dollars ($1,200,000) of revenue received from the tax
176	1098		imposed under this chapter in each year. During each year, the county
177	1099		treasurer shall transfer to Indiana University-Northwest forty-four and
178	1100		thirty-three hundredths percent (44.33%) of the revenue received under
	1101	+	ES 434—LS 7313/DI 125 26
179	1102		this chapter for that year to be used as follows:
180	1103		(1) Seventy-five percent (75%) of the revenue received under this
181	1104		subsection may be used only for the university's medical
182	1105		education programs.
183	1106		(2) Twenty-five percent (25%) of the revenue received under this
184	1107		subsection may be used only for the university's allied health
185	1108		education programs.
186	1109		(d) (e) This subsection applies to the first one million two hundred
187	1110		thousand dollars ($1,200,000) of revenue received from the tax
188	1111		imposed under this chapter in each year. During each year, the county
189	1112		treasurer shall allocate among the cities and towns throughout the
190	1113		county nine percent (9%) of the revenue received under this chapter for
191	1114		that year as follows:
192	1115		(1) Ten percent (10%) of the revenue covered by this subsection
193	1116		shall be distributed to the city of Gary.
194	1117		(2) Ten percent (10%) of the revenue covered by this subsection
195	1118		shall be distributed to the city of Hammond.
196	1119		(3) Ten percent (10%) of the revenue covered by this subsection
197	1120		shall be distributed to the city of East Chicago.
198	1121		(4) Seventy percent (70%) of the revenue covered by this
199	1122		subsection shall be distributed in equal amounts to each town and
200	1123		each city not receiving a distribution under subdivisions (1)
201	1124		through (3).
202	1125		The money distributed under this subsection may be used only for
203	1126		tourism and economic development projects. The county treasurer shall
204	1127		make the distributions on or before December 1 of each year.
205	1128		(e) (f) This subsection applies to the first one million two hundred
206	1129		thousand dollars ($1,200,000) of revenue received from the tax
207	1130		imposed under this chapter in each year. During each year, the county
208	1131		treasurer shall transfer to Purdue University Northwest nine percent
209		-	SEA 434 — CC 1 6
210	1132		(9%) of the revenue received under this chapter for that year. The
211	1133		money received by Purdue University Northwest may be used by the
212	1134		university only for nursing education programs.
213	1135		(f) (g) This subsection applies to the first one million two hundred
214	1136		thousand dollars ($1,200,000) of revenue received from the tax
215	1137		imposed under this chapter in each year. During each year, the county
216	1138		treasurer shall transfer two and sixty-seven hundredths percent (2.67%)
217	1139		of the revenue received under this chapter for that year to the following
218	1140		cities:
219	1141		(1) Fifty percent (50%) of the revenue covered by this subsection
220	1142		shall be transferred to the city of Gary.
221	1143		(2) Fifty percent (50%) of the revenue covered by this subsection
	1144	+	ES 434—LS 7313/DI 125 27
222	1145		shall be transferred to the city of Hammond.
223	1146		Money transferred under this subsection may be used only for
224	1147		convention facilities located within the city. In addition, the money may
225	1148		be used only for facility marketing, sales, capital expenditures, and
226	1149		public relations programs. Money transferred under this subsection
227	1150		may not be used for salaries or facility operating costs or capital
228	1151		expenditures related to the convention facilities. The county treasurer
229	1152		shall make the transfers on or before December 1 of each year.
230	1153		(g) (h) This subsection applies to the revenue received from the tax
231	1154		imposed under this chapter in each year that exceeds one million two
232	1155		hundred thousand dollars ($1,200,000). During each year, the county
233	1156		treasurer shall distribute money in the promotion fund as follows:
234	1157		(1) Eighty-five percent (85%) of the revenue covered by this
235	1158		subsection shall be deposited in the convention, tourism, and
236	1159		visitor promotion fund. The money deposited in the fund under
237	1160		this subdivision may be used only for the purposes for which
238	1161		other money in the fund may be used.
239	1162		(2) Five percent (5%) of the revenue covered by this subsection
240	1163		shall be transferred to Purdue University Northwest. The money
241	1164		received by Purdue University Northwest under this subdivision
242	1165		may be used by the university only for nursing education
243	1166		programs.
244	1167		(3) Five percent (5%) of the revenue covered by this subsection
245	1168		shall be transferred to Indiana University-Northwest. The money
246	1169		received by Indiana University-Northwest under this subdivision
247	1170		may be used only for the university's medical education programs.
248	1171		(4) Five percent (5%) of the revenue covered by this subsection
249	1172		shall be transferred to Indiana University-Northwest. The money
250	1173		received by Indiana University-Northwest under this subdivision
251	1174		may be used only for the university's allied health education
252		-	SEA 434 — CC 1 7
253	1175		programs.
254	1176		(h) (i) This subsection applies only to the distribution of revenue
255	1177		received from the tax imposed under section 1 of this chapter from
256	1178		hotels, motels, inns, tourist camps, tourist cabins, and other lodgings or
257	1179		accommodations built or refurbished after June 30, 1993, that are
258	1180		located in the city of Gary. During each year, the county treasurer shall
259	1181		transfer:
260	1182		(1) seventy-five percent (75%) of the revenues under this
261	1183		subsection to the department of public safety; and
262	1184		(2) twenty-five percent (25%) of the revenues under this
263	1185		subsection to the division of physical and economic development;
264	1186		of the city of Gary.
	1187	+	ES 434—LS 7313/DI 125 28
265	1188		(i) (j) The Lake County convention and visitor bureau shall assist
266	1189		the county treasurer, as needed, with the calculation of the amounts that
267		-	must be deposited and transferred under this section.
268		-	SECTION 6. IC 36-7.5-6 IS ADDED TO THE INDIANA CODE
	1190	+	must be deposited and transferred under this section.".
	1191	+	Delete pages 6 through 7.
	1192	+	Page 8, delete lines 1 through 26.
	1193	+	Page 9, line 11, delete "the city of Gary near a" and insert "Lake
	1194	+	County; and".
	1195	+	Page 9, delete lines 12 through 14.
	1196	+	Page 9, line 18, delete "leases," and insert "leases and development
	1197	+	costs,".
	1198	+	Page 9, line 21, delete "the city of Gary near a" and insert "Lake
	1199	+	County; and".
	1200	+	Page 9, delete lines 22 through 24.
	1201	+	Page 9, line 29, delete "expenses." and insert "expenses incurred
	1202	+	by the city of Gary for:
	1203	+	(A) overtime pay;
	1204	+	(B) violent crime reduction programs;
	1205	+	(C) equipment; and
	1206	+	(D) other expenses incurred in providing public safety
	1207	+	services.".
	1208	+	Page 9, delete lines 35 through 38, begin a new paragraph and
	1209	+	insert:
	1210	+	"(c) A public-private agreement may be entered into for
	1211	+	purposes of operating and maintaining a convention center located
	1212	+	in Lake County.".
	1213	+	Page 9, line 42, after "chapter." insert "Budget committee review
	1214	+	is required before any money may be released from the fund.".
	1215	+	Page 10, between lines 3 and 4, begin a new paragraph and insert:
	1216	+	"Sec. 8. Before June 30, 2024, the development authority must
	1217	+	submit to the Lake County council for the county council's
	1218	+	approval a plan that contains the following information:
	1219	+	(1) A study on the anticipated return on investment for the
	1220	+	deposits under IC 4-33-13-2.5.
	1221	+	(2) A plan for the following:
	1222	+	(A) The financing and ownership of the convention center.
	1223	+	(B) The operation of the convention center and the
	1224	+	financing of any operational shortfall, and uses of any
	1225	+	surplus.
	1226	+	(3) All documents for agreements, leases, partnerships, and
	1227	+	financing related to the convention center.".
	1228	+	Page 10, line 4, delete "8." and insert "9.".
	1229	+	Page 10, line 23, delete "9." and insert "10.".
	1230	+	ES 434—LS 7313/DI 125 29
	1231	+	Page 10, line 25, delete "10." and insert "11.".
	1232	+	Page 10, line 27, delete "11." and insert "12.".
	1233	+	Page 10, line 27, delete "2045." and insert "2050.".
	1234	+	Renumber all SECTIONS consecutively.
	1235	+	(Reference is to SB 434 as printed February 17, 2023.)
	1236	+	NIEMEYER
	1237	+	_____
	1238	+	COMMITTEE REPORT
	1239	+	Mr. Speaker: Your Committee on Ways and Means, to which was
	1240	+	referred Senate Bill 434, has had the same under consideration and
	1241	+	begs leave to report the same back to the House with the
	1242	+	recommendation that said bill be amended as follows:
	1243	+	Page 1, line 7, delete "in each state fiscal" and insert "the
	1244	+	department shall deposit from the tax revenue remitted under this
	1245	+	chapter by a licensed owner operating a riverboat sited at a
	1246	+	location approved under IC 4-33-6-4.5 amounts as follows:
	1247	+	(1) In each state fiscal year beginning after June 30, 2025, and
	1248	+	ending before July 1, 2027, an amount equal to the amount
	1249	+	deposited under IC 36-7.5-6-5(a) by the city of Gary in the
	1250	+	blighted property demolition fund established by
	1251	+	IC 36-7.5-6-4.
	1252	+	(2) In each state fiscal year beginning after June 30, 2025, and
	1253	+	ending before July 1, 2045, an amount equal to the amount
	1254	+	deposited under IC 36-7.5-7-5(c) by an entity in the Lake
	1255	+	County convention and economic development convention
	1256	+	fund established by IC 36-7.5-7-5.
	1257	+	(3) In each state fiscal year beginning after June 30, 2025, and
	1258	+	ending before July 1, 2050, an amount equal to the amount
	1259	+	deposited under IC 36-7.5-8-4 by the city of Gary in the Gary
	1260	+	metro center station revitalization fund established by
	1261	+	IC 36-7.5-8-3.
	1262	+	Any amount of tax revenue remitted under this chapter by a
	1263	+	licensed owner operating a riverboat sited at a location approved
	1264	+	under IC 4-33-6-4.5 in a state fiscal year that exceeds the amount
	1265	+	required for the deposits in this subsection for the state fiscal year
	1266	+	must be deposited in the state gaming fund under section 3 of this
	1267	+	chapter.
	1268	+	(c) The northwest Indiana regional development authority
	1269	+	ES 434—LS 7313/DI 125 30
	1270	+	established by IC 36-7.5-2-1 shall provide any information to the
	1271	+	department that the department determines is necessary for the
	1272	+	department to carry out this section.".
	1273	+	Page 1, delete lines 8 through 17.
	1274	+	Page 2, delete lines 1 through 3.
	1275	+	Page 2, line 4, delete "(e)" and insert "(d)".
	1276	+	Page 2, delete lines 9 through 42.
	1277	+	Page 3, delete lines 1 through 40.
	1278	+	Page 5, line 5, delete "an additional five percent (5%) rate." and
	1279	+	insert "not more than an additional five percent (5%).".
	1280	+	Page 5, line 22, delete "paid according to the following allocations:"
	1281	+	and insert "deposited in the Lake County convention and event
	1282	+	center reserve fund established by IC 36-7.5-7-10 to be used for the
	1283	+	purposes of the Lake County convention and event center reserve
	1284	+	fund.".
	1285	+	Page 5, delete lines 23 through 30.
	1286	+	Page 5, line 35, delete "paid according to section 1.5(c)(1) of this
	1287	+	chapter." and insert "received from an increase adopted under
	1288	+	section 1.5 of this chapter.".
	1289	+	Page 8, between lines 28 and 29, begin a new paragraph and insert:
	1290	+	"SECTION 6. IC 36-7.5-4.5-7, AS ADDED BY P.L.248-2017,
	1291	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1292	+	JULY 1, 2023]: Sec. 7. As used in this chapter, "gross retail tax base
	1293	+	period amount" means the aggregate amount of state gross retail taxes
	1294	+	remitted under IC 6-2.5 by retail merchants for the calendar year that
	1295	+	precedes the date on in which the district was established under this
	1296	+	chapter as determined by the department.
	1297	+	SECTION 7. IC 36-7.5-4.5-9, AS ADDED BY P.L.248-2017,
	1298	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1299	+	JULY 1, 2023]: Sec. 9. (a) As used in this chapter, "local income tax
	1300	+	base period amount" means the total amount of local income tax (IC
	1301	+	6-3.6) paid by:
	1302	+	(1) employees employed within a district with respect to wages
	1303	+	and salary earned for work in the district; and
	1304	+	(2) residents living within the district;
	1305	+	for the calendar year that precedes the date on in which the district was
	1306	+	established under this chapter as determined by the department.
	1307	+	(b) If an individual is a resident of one (1) district and is
	1308	+	employed within another district during a calendar year, the local
	1309	+	income tax for the individual shall be attributed to the district in
	1310	+	which the individual resides.
	1311	+	SECTION 8. IC 36-7.5-4.5-10, AS ADDED BY P.L.248-2017,
	1312	+	ES 434—LS 7313/DI 125 31
	1313	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1314	+	JULY 1, 2023]: Sec. 10. (a) As used in this chapter, "local income tax
	1315	+	increment revenue" means the remainder of:
	1316	+	(1) the total amount of local income tax (IC 6-3.6) paid by:
	1317	+	(A) employees employed in the district with respect to wages
	1318	+	and salary earned for work in the territory comprising the
	1319	+	district for a particular calendar year; minus and
	1320	+	(B) residents living within the district; minus
	1321	+	(2) the local income tax base period amount;
	1322	+	as determined by the department.
	1323	+	(b) If an individual is a resident of one (1) district and is
	1324	+	employed within another district during a calendar year, the local
	1325	+	income tax for the individual shall be attributed to the district in
	1326	+	which the individual resides.
	1327	+	SECTION 9. IC 36-7.5-4.5-13, AS ADDED BY P.L.248-2017,
	1328	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1329	+	JULY 1, 2023]: Sec. 13. (a) As used in this chapter, "state income tax
	1330	+	base period amount" means the aggregate amount of state adjusted
	1331	+	gross income taxes paid or remitted by or on behalf of:
	1332	+	(1) employees employed within a district with respect to wages
	1333	+	and salary earned for work in the district; and
	1334	+	(2) residents living within the district;
	1335	+	during for the calendar year that precedes the date on in which the
	1336	+	district was established under this chapter with respect to wages and
	1337	+	salary earned for work in the territory comprising the district, as
	1338	+	determined by the department.
	1339	+	(b) If an individual is a resident of one (1) district and is
	1340	+	employed within another district during a calendar year, the state
	1341	+	income tax for the individual shall be attributed to the district in
	1342	+	which the individual resides.
	1343	+	SECTION 10. IC 36-7.5-4.5-14, AS ADDED BY P.L.248-2017,
	1344	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1345	+	JULY 1, 2023]: Sec. 14. (a) As used in this chapter, "state income tax
	1346	+	increment revenue" means the remainder of:
	1347	+	(1) the aggregate amount of state adjusted gross income taxes
	1348	+	paid or remitted during for a calendar year with respect to:
	1349	+	(A) wages and salary earned for work in the territory
	1350	+	comprising a district; minus and
	1351	+	(B) income earned by residents living within the district;
	1352	+	minus
	1353	+	(2) the state income tax base period amount.
	1354	+	(b) If an individual is a resident of one (1) district and is
	1355	+	ES 434—LS 7313/DI 125 32
	1356	+	employed within another district during a calendar year, the state
	1357	+	income tax for the individual shall be attributed to the district in
	1358	+	which the individual resides.
	1359	+	SECTION 11. IC 36-7.5-4.5-27, AS ADDED BY P.L.248-2017,
	1360	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1361	+	JULY 1, 2023]: Sec. 27. (a) If a district is established, the treasurer of
	1362	+	state shall establish a local income tax increment fund and an account
	1363	+	for each district established under this chapter for deposit of local
	1364	+	income tax increment revenue for that district.
	1365	+	(b) The funds shall be administered by the treasurer of state. Money
	1366	+	in a fund does not revert to the state general fund at the end of a state
	1367	+	fiscal year.
	1368	+	(c) The total amount of local income tax (IC 6-3.6) paid by:
	1369	+	(1) employees employed in a district with respect to wages earned
	1370	+	for work performed in the district; and
	1371	+	(2) residents living in the district;
	1372	+	shall be deposited in the district's account within the local income tax
	1373	+	increment fund. If an individual is a resident of one (1) district and
	1374	+	is employed within another district, only the local income tax for
	1375	+	the district in which the individual resides shall be deposited into
	1376	+	the local income tax increment fund. For each district, the budget
	1377	+	agency shall determine and transfer to the appropriate county account
	1378	+	under IC 6-3.6-9 an amount equal to the local income tax base period
	1379	+	amount for the district.
	1380	+	(d) The budget agency shall determine and transfer any amount of
	1381	+	the local income tax increment revenue that will not be disbursed to the
	1382	+	development authority or redevelopment commission to the appropriate
	1383	+	county account under IC 6-3.6-9.
	1384	+	SECTION 12. IC 36-7.5-4.5-28, AS ADDED BY P.L.248-2017,
	1385	+	SECTION 10, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
	1386	+	JULY 1, 2023]: Sec. 28. (a) Not later than sixty (60) days after
	1387	+	receiving a copy of the resolution establishing a district, November 30
	1388	+	of the year following the establishment of a district under this
	1389	+	chapter, or November 30, 2024, whichever is later, the department
	1390	+	shall determine the following for that district:
	1391	+	(1) The state income tax base period amount.
	1392	+	(2) The gross retail tax base period amount.
	1393	+	(3) The local income tax base period amount.
	1394	+	(b) Before October 1 December 1 of each year, beginning in 2018,
	1395	+	the year two (2) years following the establishment of the district
	1396	+	under this chapter, the department shall determine the following for
	1397	+	each district for the preceding calendar year:
	1398	+	ES 434—LS 7313/DI 125 33
	1399	+	(1) The state income tax increment revenue.
	1400	+	(2) The gross retail tax increment revenue.
	1401	+	(3) The local income tax increment revenue.
	1402	+	(c) The department shall notify the budget agency and the
	1403	+	development authority of each base period amount and annually each
	1404	+	increment revenue amount.
	1405	+	(d) Before November 1 December 15 of each calendar year, the
	1406	+	department shall determine and certify to the Indiana finance authority
	1407	+	and the development authority the following:
	1408	+	(1) The state income tax increment revenue.
	1409	+	(2) The gross retail tax increment revenue.
	1410	+	(3) The local income tax increment revenue for each district.
	1411	+	(4) The extent to which the sum of the state income tax increment
	1412	+	revenue and gross retail tax increment revenue certified under this
	1413	+	subsection for all districts exceeds the sum of the amounts
	1414	+	previously appropriated by the general assembly to the
	1415	+	development authority for rail projects (including any amounts
	1416	+	appropriated for debt service payments made by the Indiana
	1417	+	finance authority for a rail project).
	1418	+	(e) Beginning in the following calendar year, the auditor of state
	1419	+	shall distribute from a district's account within the local income tax
	1420	+	increment fund to the development authority or redevelopment
	1421	+	commission, in the case of a district located in a cash participant
	1422	+	county, on or before the twentieth day of each month one-twelfth (1/12)
	1423	+	of March 1, the lesser of:
	1424	+	(1) the amount of local income tax increment revenue specified
	1425	+	by the development authority or redevelopment commission; or
	1426	+	(2) the certified local income tax increment revenue amount for
	1427	+	that district.
	1428	+	(f) The development authority or redevelopment commission shall
	1429	+	deposit the local income tax increment revenue it receives in the
	1430	+	appropriate district account in the south shore improvement and
	1431	+	development fund.
	1432	+	(g) Notwithstanding subsection (a), if the department
	1433	+	determines that an amount determined under section 7, 8, 9, 10, 13,
	1434	+	or 14 of this chapter is in error, the department shall redetermine
	1435	+	any erroneous amounts and notify the budget agency and
	1436	+	development authority of any redetermination. If the department
	1437	+	determines that the redetermination of an amount affects
	1438	+	incremental tax amounts determined under subsection (b), the
	1439	+	department shall recompute the incremental tax amounts and
	1440	+	make any necessary adjustments to distributions or computations
	1441	+	ES 434—LS 7313/DI 125 34
	1442	+	to reflect any redetermination.
	1443	+	(h) A municipality that includes more than one (1) transit
	1444	+	development district may share its increment revenue among the
	1445	+	transit development districts upon approval of the legislative body
	1446	+	of the municipality.
	1447	+	SECTION 13. IC 36-7.5-6 IS ADDED TO THE INDIANA CODE
269	1448		AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
270	1449		JULY 1, 2023]:
271	1450		Chapter 6. Blighted Property Demolition Fund
272	1451		Sec. 1. As used in this chapter, "blighted" means real property,
273	1452		including a building or structure on the real property, that is no
274	1453		longer in acceptable or beneficial condition to its community and
275	1454		has lost its value as a social good or economic commodity or its
276	1455		functional status as a livable space. The term includes a vacant lot.
277	1456		Sec. 2. As used in this chapter, "fund" refers to the blighted
278	1457		property demolition fund established by section 4 of this chapter.
279	1458		Sec. 3. As used in this chapter, "qualified property" means
280	1459		commercial or residential real property, including a structure or
281	1460		building located on the real property, that:
282	1461		(1) is the subject of an order for demolition and removal
283	1462		issued under IC 36-7-9-5(a)(6) or IC 36-7-9-5(a)(7);
284	1463		(2) is:
285	1464		(A) vacant or abandoned;
286	1465		(B) blighted; or
287	1466		(C) otherwise structurally damaged; and
288	1467		(3) poses a public health or safety risk in the community,
289	1468		including by contributing to crime.
290	1469		Sec. 4. (a) The blighted property demolition fund is established
291	1470		to provide grants to the city of Gary to demolish qualified
292	1471		properties.
293	1472		(b) The fund consists of:
294	1473		(1) appropriations from the general assembly;
295		-	SEA 434 — CC 1 8
296	1474		(2) available federal funds;
297	1475		(3) transfers of money under IC 4-33-13-2.5(b)(1);
298	1476		(4) deposits required under section 5(a) and 5(b) of this
299	1477		chapter; and
300	1478		(5) gifts, grants, donations, or other contributions from any
301	1479		other public or private source.
302	1480		(c) The development authority shall administer the fund.
303	1481		(d) The treasurer of state shall invest the money in the fund not
304	1482		currently needed to meet the obligations of the fund in the same
305	1483		manner as other public funds may be invested.
	1484	+	ES 434—LS 7313/DI 125 35
306	1485		(e) The money remaining in the fund at the end of a state fiscal
307	1486		year does not revert to the state general fund.
308	1487		(f) Money in the fund is continuously appropriated for the
309	1488		purposes of this chapter.
	1489	+	(g) Subject to budget committee review, but except as provided
	1490	+	in section 5(c) of this chapter, the development authority may
	1491	+	receive reimbursement for expenses incurred and a reasonable and
	1492	+	customary amount for providing administrative services from
	1493	+	money in the fund.
310	1494		Sec. 5. (a) In each state fiscal year beginning after June 30, 2023,
311	1495		the city of Gary shall transfer up to three million dollars
312	1496		($3,000,000) to the development authority for deposit in the fund.
313	1497		(b) In each state fiscal year beginning after June 30, 2023, and
314	1498		ending before July 1, 2025, the development authority shall deposit
315	1499		three million dollars ($3,000,000) in the fund from reserve amounts
316	1500		held by the development authority.
317	1501		(c) After June 30, 2025, but not later than July 1, 2026, the
318	1502		development authority shall be reimbursed for all amounts
319	1503		deposited under subsection (b) using money in the fund. Budget
320	1504		committee review is not required for reimbursement under this
321	1505		subsection.
322	1506		Sec. 6. (a) The development authority shall use the money in the
323	1507		fund to provide grants to the city of Gary for use in paying the
324	1508		reasonable and necessary costs associated with demolishing a
325	1509		qualified property located in the territory of a current or future
326	1510		transit development district or in the area surrounding the Gary
327	1511		Metro Center, including:
328	1512		(1) demolition costs;
329	1513		(2) permit fees;
330	1514		(3) abatement of any hazardous materials;
331	1515		(4) air monitoring at demolition sites;
332	1516		(5) site grading; or
333	1517		(6) replacement of damaged sidewalk, including any
334	1518		associated work.
335	1519		(b) If the amount of money in the fund is greater than the
336	1520		amount needed for the purpose described in subsection (a), as
337	1521		determined by the development authority, the development
338		-	SEA 434 — CC 1 9
339	1522		authority may use money in the fund:
340	1523		(1) to provide grants to the city of Gary for paying reasonable
341	1524		and necessary costs, as described in subsection (a), that are
342	1525		associated with demolishing a qualified property located in an
343	1526		area that is contiguous to the territory of a current or future
	1527	+	ES 434—LS 7313/DI 125 36
344	1528		transit development district; or
345	1529		(2) for purposes of preliminary planning and design of the
346		-	Gary Metro Center ~~station~~ revitalization project.
	1530	+	Gary Metro Center revitalization project.
347	1531		(c) Money in the fund may not be used for any of the following
348	1532		purposes:
349		-	(1) ~~City administrative costs~~, including project management.
	1533	+	(1) Project administration, including project management.
350	1534		(2) Property acquisition or redevelopment.
351	1535		Sec. 7. The city of Gary may apply to the development authority
352	1536		for a grant from the fund in the manner prescribed by the
353	1537		development authority. The city of Gary shall submit to the
354	1538		development authority any information that the development
355	1539		authority determines is necessary.
356	1540		Sec. 8. The city of Gary shall provide reports to the development
357	1541		authority concerning the work completed, a detailed accounting of
358	1542		projects, project milestones, and other relevant information. The
359	1543		development authority may determine the frequency of the
360	1544		reporting required under this section.
361	1545		Sec. 9. The development authority shall quarterly report to the
362	1546		budget committee on all uses of money in the fund, including
363	1547		grants provided and grant amounts.
364		-	Sec. 10. This chapter expires July 1, 2050.
365		-	SECTION 7. IC 36-7.5-7 IS ADDED TO THE INDIANA CODE
366		-	AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
367		-	JULY 1, 2023]:
368		-	Chapter 7. Lake County Economic Development and
369		-	Convention Fund
370		-	Sec. 1. As used in this chapter, "commuter transportation
371		-	district" means the northern Indiana commuter transportation
372		-	district established under IC 8-5-15.
373		-	Sec. 2. As used in this chapter, "convention center authority"
	1548	+	Sec. 10. This chapter expires July 1, 2050.".
	1549	+	Page 8, between lines 36 and 37, begin a new paragraph and insert:
	1550	+	"Sec. 2. As used in this chapter, "convention center authority"
374	1551		refers to the Lake County convention center authority established
375		-	under section 9 of this chapter.
376		-	Sec. 3. As used in this chapter, "convention fund" means the
377		-	Lake County economic development and convention fund
378		-	established by section 5 of this chapter.
379		-	Sec. 4. As used in this chapter, "reserve fund" means the Lake
	1552	+	under section 9 of this chapter.".
	1553	+	Page 8, line 37, delete "2." and insert "3.".
	1554	+	Page 8, line 37, delete "fund" and insert "convention fund".
	1555	+	Page 8, line 38, after "development" insert "convention".
	1556	+	Page 8, line 39, delete "3" and insert "5".
	1557	+	Page 8, between lines 39 and 40, begin a new paragraph and insert:
	1558	+	"Sec. 4. As used in this chapter, "reserve fund" means the Lake
380	1559		County convention and event center reserve fund established by
381		-	SEA 434 — CC 1 10
382		-	section 10 of this chapter.
383		-	Sec. 5. (a) The Lake County economic development and
384		-	convention fund is established. The fund shall be administered by
385		-	the development authority.
386		-	(b) The convention fund consists of:
387		-	(1) deposits under IC 4-33-13-2.5(b)(2);
388		-	(2) deposits under subsection (c);
389		-	(3) appropriations to the fund;
390		-	(4) gifts, grants, loans, bond proceeds, and other money
391		-	received for deposit in the fund; and
392		-	(5) other deposits or transfers of funds from local units
393		-	located in Lake County.
394		-	(c) If a proposal is approved as provided under this chapter,
	1560	+	section 10 of this chapter.".
	1561	+	Page 8, line 40, delete "3." and insert "5. (a)".
	1562	+	Page 8, line 40, after "development" insert "convention".
	1563	+	Page 9, line 1, delete "Sec. 4." and insert "(b)".
	1564	+	Page 9, line 1, after "The" insert "convention".
	1565	+	Page 9, line 2, delete "IC 4-33-13-2.5(b);" and insert "IC
	1566	+	4-33-13-2.5(b)(2);".
	1567	+	Page 9, line 3, delete "IC 6-9-2-1.5(c)(1);" and insert "subsection
	1568	+	(c);".
	1569	+	Page 9, delete lines 9 through 42, begin a new paragraph and insert:
	1570	+	ES 434—LS 7313/DI 125 37
	1571	+	"(c) If a proposal is approved as provided under this chapter,
395	1572		each state fiscal year, beginning with the first state fiscal year that
396	1573		begins after the proposal is approved, the approved entity shall
397	1574		deposit up to five million dollars ($5,000,000) in the convention
398	1575		fund.
399	1576		(d) The development authority shall administer money,
400	1577		including determining amounts to be used and the specific
401	1578		purposes, from the convention fund.
402	1579		(e) Except as provided in section 8(d) of this chapter, the money
403	1580		remaining in the convention fund at the end of a state fiscal year
404	1581		does not revert to the state general fund.
405	1582		(f) Money in the convention fund is continuously appropriated
406	1583		for the purposes of this chapter.
407	1584		(g) Subject to budget committee review, but except as provided
408	1585		in subsection (i), the development authority may receive
409	1586		reimbursement for expenses incurred and a reasonable and
410	1587		customary amount for providing administrative services from
411	1588		money in the convention fund.
412	1589		(h) The development authority shall quarterly report to the
413	1590		budget committee on all uses of money in the convention fund and
414	1591		the status of the convention and event center project.
415	1592		(i) The development authority shall conduct an updated
416		-	~~feasibility~~ study related to a potential convention and event center
	1593	+	feasability study related to a potential convention and event center
417	1594		located in Lake County. The development authority shall be
418	1595		reimbursed for the costs of obtaining the updated feasibility study
419	1596		from money in the fund. Budget committee review is not required
420	1597		for reimbursement under this subsection.
421	1598		Sec. 6. (a) Money in the convention fund may be used only for
422	1599		the following:
423	1600		(1) To acquire, improve, prepare, modernize, construct,
424		-	SEA 434 — CC 1 11
425	1601		repair, demolish, and equip a convention center located in
426	1602		Lake County.
427	1603		(2) To pay the principal and interest on any obligations,
428	1604		including bonds or leases and development costs, incurred by
429	1605		the development authority for the purpose of financing or
430	1606		refinancing the development of a convention center located in
431	1607		Lake County.
432	1608		(3) To establish, augment, or restore a debt service reserve for
433	1609		obligations described in this subsection.
434	1610		(4) If the development authority determines excess money
435	1611		exists in the convention fund, for improvements to the
436	1612		convention center and around the convention center.
	1613	+	ES 434—LS 7313/DI 125 38
437	1614		(b) Money in the convention fund may not be used to pay
438	1615		operating expenses.
439		-	Sec. 7. A public-private agreement may be entered into for
440		-	purposes of operating and maintaining a convention center located
441		-	in Lake County.
442		-	Sec. 8. (a) Beginning July 1, 2023, the Lake County board of
	1616	+	(c) A public-private agreement may be entered into for purposes
	1617	+	of operating and maintaining a convention center located in Lake
	1618	+	County.".
	1619	+	Page 10, delete line 1.
	1620	+	Page 10, delete lines 5 through 16, begin a new paragraph and
	1621	+	insert:
	1622	+	"Sec. 8. (a) Beginning July 1, 2023, the Lake County board of
443	1623		commissioners shall begin accepting proposals for the
444	1624		development, operation, and an ownership share in a Lake County
445	1625		convention and event center from any entity qualified to fund and
446	1626		operate a convention and event center, including local political
447	1627		subdivisions. Subject to subsection (d), timely proposals shall be
448	1628		submitted not later than May 31, 2024. A proposal must include at
449	1629		least the following:
450	1630		(1) Any variance in the entity's proposal from what is
451	1631		described in the updated feasibility study prepared under
452	1632		section 5(i) of this chapter as the variance is related to a
453	1633		return on investment analysis, including anticipated income
454	1634		generated countywide, peripheral investment anticipated to
455	1635		result from the project, or anticipated gross retail tax revenue
456	1636		to be generated from the project.
457	1637		(2) The uses that the convention and event center will
458	1638		accommodate.
459	1639		(3) Acknowledgment that in order to secure money from the
460	1640		convention fund and reserve fund, the Lake County
461	1641		convention center authority, as described in section 9 of this
462	1642		chapter, will share in ownership of the convention and event
463	1643		center.
464	1644		(4) An operating plan, including information concerning:
465	1645		(A) any third party entity expected to manage and operate
466	1646		the facility;
467		-	SEA 434 — CC 1 12
468	1647		(B) any professional experience with convention center
469	1648		operations;
470	1649		(C) any professional experience with facility management;
471	1650		and
472	1651		(D) any experience with efficiency programs used for
473	1652		managing operating costs and capital expenditures.
474	1653		(5) An anticipated operating budget for the facility, including
475	1654		the financing of any operational shortfall and pro forma
476	1655		operating statements for the first five (5) years of operations.
	1656	+	ES 434—LS 7313/DI 125 39
477	1657		(6) Any documents related to vendor agreements, leases,
478	1658		partnerships, and financing plans and commitments.
479	1659		(7) Any proposed or available hotel accommodations that may
480	1660		be dedicated for the promotion and sales of the convention
481	1661		and event center, and not for promotional uses for any other
482	1662		associated facility.
483	1663		(8) Any other information considered necessary by the Lake
484	1664		County board of commissioners.
485	1665		(b) Proposals shall be submitted to the Lake County board of
486	1666		commissioners and reviewed for completeness, adherence to the
487	1667		requirements under this section, and evaluation of the materials
488	1668		submitted.
489	1669		(c) The Lake County board of commissioners shall hold public
490	1670		hearings concerning proposals submitted and for the selection of
491	1671		any professional advisers to be used in approval of a proposal.
492	1672		(d) If a proposal is approved, the Lake County board of
493	1673		commissioners shall adopt a resolution to that effect not later than
494	1674		December 1, 2024. If no proposal is approved before December 1,
495	1675		2024, proposals may continue to be submitted to the Lake County
496	1676		board of commissioners for review. However, if no proposal is
497	1677		approved before January 1, 2028, no additional proposals may be
498	1678		accepted, and any money in the fund reverts to the state general
499	1679		fund.
500	1680		Sec. 9. (a) If a proposal is approved under section 8 of this
501	1681		chapter, following the approval of the proposal, the Lake County
502	1682		convention center authority is established for the purpose of
503	1683		holding an equal share of ownership of the Lake County
504	1684		convention and event center with the entity whose proposal is
505		-	approved and for providing ~~general~~ oversight of the ~~upkeep,~~
506		-	~~improvements, and management team as outlined in~~ the ~~accepted~~
507		-	~~proposal. Subject to subsection (e), the convention~~ center authority
508		-	~~consists of seven (7) members, appointed as~~ follows:
	1685	+	approved and for providing oversight of the maintenance and
	1686	+	operation of the facility. Subject to subsection (e), the convention
	1687	+	center authority consists of seven (7) members, appointed as
	1688	+	follows:
509	1689		(1) Three (3) members appointed by the entity whose proposal
510		-	SEA 434 — CC 1 13
511	1690		is approved under section 8 of this chapter.
512	1691		(2) Three (3) members appointed by the Lake County board
513	1692		of commissioners.
514	1693		(3) One (1) member appointed by the governor.
515		-	Individuals appointed to the convention center authority must have
516		-	professional experience in commercial facility management.
517	1694		(b) The term of office for a member of the board is two (2)
518	1695		years. The term begins July 1 of the year in which the member is
519	1696		appointed and ends on June 30 of the second year following the
520	1697		member's appointment. A member may be reappointed after the
521	1698		member's term has expired.
	1699	+	ES 434—LS 7313/DI 125 40
522	1700		(c) A vacancy in membership must be filled in the same manner
523	1701		as the original appointment. Appointments made to fill a vacancy
524	1702		that occurs before the expiration of a term are for the remainder
525	1703		of the unexpired term.
526	1704		(d) The member appointed under subsection (a)(3) shall serve
527	1705		as the chairperson of the convention center authority. The
528	1706		convention center authority shall meet at the call of the
529	1707		chairperson.
530	1708		(e) An individual may not be appointed to the convention center
531	1709		authority if the individual is a party to a contract or agreement
532	1710		with the entity whose proposal is approved, is employed by the
533	1711		entity whose proposal is approved, or otherwise has a direct or
534	1712		indirect financial interest in the entity whose proposal is approved
535	1713		under this chapter.
536		-	Sec. 10. (a) ~~A local county fund known as~~ the Lake County
537		-	~~convention and event center~~ reserve fund is established to pay for:
	1714	+	Sec. 10. (a) The Lake County convention and event center
	1715	+	reserve fund is established to pay for:
538	1716		(1) additions;
539	1717		(2) refurbishment; and
540		-	(3) budget shortfalls or other unusual costs;
	1718	+	(3) any other costs deemed necessary by the convention center
	1719	+	authority;
541	1720		of a convention and event center that is constructed using money
542	1721		from the convention fund under this chapter.
543	1722		(b) The reserve fund consists of:
544		-	(1) transfers under IC 6-9-2-1.5(c); and
545		-	(2) gifts, grants, donations, or other contributions from any
	1723	+	(1) appropriations from the general assembly;
	1724	+	(2) transfers under IC 6-9-2-1.5(c); and
	1725	+	(3) gifts, grants, donations, or other contributions from any
546	1726		other public or private source.
547	1727		(c) The convention center authority shall administer the reserve
548	1728		fund.
549		-	Sec. 11. (a) With respect to projects undertaken by the
550		-	development authority under this chapter, the development
551		-	authority shall set a goal for participation by minority business
552		-	enterprises of fifteen percent (15%) and women's business
553		-	SEA 434 — CC 1 14
554		-	enterprises of five percent (5%), consistent with the goals of
555		-	delivering the project on time and within the budgeted amount
556		-	and, insofar as possible, using Indiana businesses for employees,
557		-	goods, and services. In fulfilling the goal, the development
558		-	authority shall take into account historical precedents in the same
559		-	market.
560		-	(b) In addition to the provisions of subsection (a), with respect
561		-	to construction and demolition projects undertaken by the
562		-	development authority under this chapter, the development
563		-	authority shall set a goal for hiring at least twenty percent (20%)
564		-	of employees from local units:
565		-	(1) located within the boundaries of the development
566		-	authority; and
567		-	(2) with an unemployment rate that exceeds the statewide
568		-	unemployment rate by more than twenty percent (20%).
569		-	Sec. 12. This chapter expires July 1, 2050.
570		-	SECTION 8. IC 36-7.5-8 IS ADDED TO THE INDIANA CODE
	1729	+	(d) The money remaining in the reserve fund at the end of a
	1730	+	state fiscal year does not revert to the state general fund.
	1731	+	(e) Money in the reserve fund is continuously appropriated for
	1732	+	the purposes of this chapter.".
	1733	+	Page 10, line 17, delete "9." and insert "11.".
	1734	+	Page 10, delete lines 36 through 39.
	1735	+	Page 10, after line 40, begin a new paragraph and insert:
	1736	+	"SECTION 14. IC 36-7.5-8 IS ADDED TO THE INDIANA CODE
571	1737		AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
572	1738		JULY 1, 2023]:
573	1739		Chapter 8. Gary Metro Center Station Revitalization Fund
574	1740		Sec. 1. As used in this chapter, "board" refers to the Gary
575	1741		Metro Center station revitalization project board established by
576		-	section 6 of this chapter.
	1742	+	ES 434—LS 7313/DI 125 41
	1743	+	section 7 of this chapter.
577	1744		Sec. 2. As used in this chapter, "fund" refers to the Gary Metro
578	1745		Center station revitalization fund established by section 3 of this
579	1746		chapter.
580	1747		Sec. 3. (a) The Gary Metro Center station revitalization fund is
581		-	established to provide funding for the Gary Metro Center ~~station~~
	1748	+	established to provide funding for the Gary Metro Center
582	1749		revitalization project.
583	1750		(b) The fund consists of:
584	1751		(1) appropriations from the general assembly;
585	1752		(2) available federal funds;
586	1753		(3) transfers of money under IC 4-33-13-2.5(b)(3);
587	1754		(4) deposits required under section 4 of this chapter; and
588	1755		(5) gifts, grants, donations, or other contributions from any
589	1756		other public or private source.
590	1757		(c) The development authority shall administer the fund.
591	1758		(d) The money remaining in the fund at the end of a state fiscal
592	1759		year does not revert to the state general fund.
593	1760		(e) Money in the fund is continuously appropriated for the
594	1761		purposes of this chapter.
595	1762		(f) Subject to budget committee review, the development
596		-	SEA 434 — CC 1 15
597	1763		authority may receive reimbursement for expenses incurred and
598	1764		a reasonable and customary amount for providing administrative
599	1765		services from money in the fund.
600		-	Sec. 4. ~~(a)~~ In each state fiscal year beginning after June 30, 2025,
	1766	+	Sec. 4. In each state fiscal year beginning after June 30, 2025,
601	1767		the city of Gary shall transfer up to three million dollars
602		-	($3,000,000) to the development authority for deposit in the fund,
603		-	~~in order to obtain state matching grants and~~ the ~~issuance~~ of ~~bonds~~
604		-	~~for~~ the ~~Gary Metro Center station revitalization project.~~ ~~The city~~
605		-	of ~~Gary may enter into an agreement with the licensed owner~~
606		-	~~operating a riverboat sited at a location approved~~ under
607		-	~~IC 4-33-6-4.5 for a term of twenty-five~~ ~~(25) years, for contributions~~
608		-	of ~~up to three million dollars ($3,000,000), in order to obtain state~~
609		-	~~matching grants~~.
	1768	+	($3,000,000) to the development authority for deposit in the fund.
	1769	+	Sec. 5. (a) The city of Gary shall enter into an agreement with
	1770	+	the licensed owner operating a riverboat sited at a location
	1771	+	approved under IC 4-33-6-4.5 for a term of twenty (20) years,
	1772	+	approving the use of revenue received under the local development
	1773	+	agreement from the local development agreement lakefront fund
	1774	+	for the purpose of funding and issuance of bonds for the Gary
	1775	+	metro center station revitalization project.
610	1776		(b) The city of Gary and the development authority shall apply
611	1777		for all available federal grants to defer the cost of construction for
612	1778		the Gary metro center station revitalization project.
613		-	(c) The northern Indiana commuter transportation district
614		-	established under IC 8-5-15 shall pursue federal funding for the
615		-	purposes of modernizing the Gary metro train platform.
616		-	Sec. 5. (a) The development authority shall use the money in the
	1779	+	Sec. 6. (a) The development authority shall use the money in the
617	1780		fund for planning costs, design costs, engineering costs, and
618	1781		architectural costs, and to provide matching funds needed for
619		-	federal matching grants for the demolition and reconstruction of
620		-	the Gary Metro Center station. The development authority shall
621		-	reconstruct the Gary Metro Center station and coordinate among
622		-	the several transit authorities, the city of Gary, and the federal
623		-	government in accomplishing the replacement of the facility.
	1782	+	federal matching grants for the reconstruction of the Gary Metro
	1783	+	Center station.
624	1784		(b) If the amount of money in the fund is greater than the
	1785	+	ES 434—LS 7313/DI 125 42
625	1786		amount needed for the purposes described in subsection (a), as
626	1787		determined by the development authority, the development
627	1788		authority may use money in the fund:
628	1789		(1) to provide grants to the city of Gary for paying reasonable
629	1790		and necessary costs associated with demolishing a qualified
630	1791		property (as defined in IC 36-7.5-6-3) located in an area that
631	1792		is contiguous to the territory of a current or future transit
632	1793		development district;
633	1794		(2) for purposes of revitalizing property contiguous to the
634	1795		territory of a current or future transit development district;
635	1796		(3) for other costs related to expansion of the Gary Metro
636	1797		Center station; and
637	1798		(4) for purposes of paying expenses for enhancing public
638		-	safety in the area immediately surrounding the Gary Metro
639		-	SEA 434 — CC 1 16
640		-	Center station and within the established transit development
641		-	district.
642		-	Sec. 6. (a) The Gary Metro Center station revitalization project
	1799	+	safety related to the Gary Metro Center station and current
	1800	+	or future transit development district.
	1801	+	Sec. 7. (a) The Gary Metro Center station revitalization project
643	1802		board is established.
644	1803		(b) Subject to subsection (f), the board consists of the following
645	1804		seven (7) members:
646	1805		(1) Three (3) members appointed by the executive of the city
647	1806		of Gary.
648	1807		(2) Three (3) members appointed by the development
649	1808		authority.
650	1809		(3) One (1) member appointed by the governor.
651		-	Individuals appointed to the board must have professional
652		-	experience in commercial facility management.
653	1810		(c) Ownership of the Gary Metro Center station shall be held by
654	1811		the board.
655	1812		(d) The board shall provide oversight of the ongoing
656	1813		maintenance and operation of the Gary Metro Center station.
657		-	(e) The member appointed under subsection (b)(3) shall serve as
	1814	+	(e) The member appointed under subsection (a)(3) shall serve as
658	1815		the chairperson of the board. The board shall meet at the call of the
659	1816		chairperson.
660	1817		(f) An individual may not be appointed to the board if the
661	1818		individual is a party to a contract or agreement with an entity
662	1819		involved in the reconstruction of the Gary Metro Center station, is
663	1820		employed by an entity involved in the reconstruction of the Gary
664	1821		Metro Center station, or otherwise has a direct or indirect
665	1822		financial interest in an entity involved in the reconstruction of the
666	1823		Gary Metro Center station.
667		-	Sec. 7. (a) The term of office for a member of the board is two
	1824	+	Sec. 8. (a) The term of office for a member of the board is two
668	1825		(2) years. The term begins July 1 of the year in which the member
669	1826		is appointed and ends on June 30 of the second year following the
670	1827		member's appointment. A member may be reappointed after the
	1828	+	ES 434—LS 7313/DI 125 43
671	1829		member's term has expired.
672	1830		(b) A vacancy in membership must be filled in the same manner
673	1831		as the original appointment. Appointments made to fill a vacancy
674	1832		that occurs before the expiration of a term are for the remainder
675	1833		of the unexpired term.
676		-	Sec. 8. The development authority shall quarterly report to the
	1834	+	Sec. 9. The city of Gary may apply to the development authority
	1835	+	for a grant from the fund in the manner prescribed by the
	1836	+	development authority for a use described in section 6 of this
	1837	+	chapter. The city of Gary shall submit to the development
	1838	+	authority any information that the development authority
	1839	+	determines is necessary.
	1840	+	Sec. 10. The city of Gary shall provide reports to the
	1841	+	development authority concerning the work completed, a detailed
	1842	+	accounting of projects, project milestones, and other relevant
	1843	+	information. The development authority may determine the
	1844	+	frequency of the reporting required under this section.
	1845	+	Sec. 11. The development authority shall quarterly report to the
677	1846		budget committee on all uses of money in the fund, including
678		-	grants provided and grant amounts.
679		-	SEA 434 — CC 1 President of the Senate
680		-	President Pro Tempore
681		-	Speaker of the House of Representatives
682		-	Governor of the State of Indiana
683		-	Date: Time:
684		-	SEA 434 — CC 1
	1847	+	grants provided and grant amounts.".
	1848	+	Renumber all SECTIONS consecutively.
	1849	+	and when so amended that said bill do pass.
	1850	+	(Reference is to SB 434 as reprinted February 28, 2023.)
	1851	+	THOMPSON
	1852	+	Committee Vote: yeas 22, nays 0.
	1853	+	_____
	1854	+	HOUSE MOTION
	1855	+	Mr. Speaker: I move that Engrossed Senate Bill 434 be amended to
	1856	+	read as follows:
	1857	+	Page 2, line 6, after "of Gary" insert ", or on behalf of the city of
	1858	+	Gary from any other source,".
	1859	+	Page 12, line 36, delete "Project administration," and insert "City
	1860	+	administrative costs,".
	1861	+	Page 13, line 14, after "Development" insert "Convention".
	1862	+	Page 14, line 18, delete "feasability" and insert "feasibility".
	1863	+	Page 14, line 40, delete "(c)" and insert "Sec. 7.".
	1864	+	Page 15, delete lines 1 through 3.
	1865	+	ES 434—LS 7313/DI 125 44
	1866	+	Page 16, line 24, delete "oversight of the maintenance and" and
	1867	+	insert "general oversight of the upkeep, improvements, and
	1868	+	management team as outlined in the accepted proposal.".
	1869	+	Page 16, line 25, delete "operation of the facility.".
	1870	+	Page 16, between lines 32 and 33, begin a new line blocked left and
	1871	+	insert:
	1872	+	"Individuals appointed to the convention center authority must
	1873	+	have professional experience in commercial facility management.".
	1874	+	Page 17, line 10, delete "The" and insert "A local county fund
	1875	+	known as the".
	1876	+	Page 17, line 14, delete "any other costs deemed necessary by the
	1877	+	convention center" and insert "budget shortfalls or other unusual
	1878	+	costs;".
	1879	+	Page 17, delete line 15.
	1880	+	Page 17, delete line 19.
	1881	+	Page 17, line 20, delete "(2)" and insert "(1)".
	1882	+	Page 17, line 21, delete "(3)" and insert "(2)".
	1883	+	Page 17, delete lines 25 through 28.
	1884	+	Page 18, line 41, delete "twenty (20) years," and insert "twenty-five
	1885	+	(25) years, concerning agreed upon contributions of up to three
	1886	+	million dollars ($3,000,000) in order to obtain state matching
	1887	+	grants and the issuance of bonds for the Gary Metro Center station
	1888	+	revitalization project.".
	1889	+	Page 18, delete line 42.
	1890	+	Page 19, delete lines 1 through 3.
	1891	+	Page 19, between lines 6 and 7, begin a new paragraph and insert:
	1892	+	"(c) The northern Indiana commuter transportation district
	1893	+	established under IC 8-5-15 shall pursue federal funding for the
	1894	+	purposes of modernizing the Gary metro train platform.".
	1895	+	Page 19, line 10, after "for the" insert "demolition and".
	1896	+	Page 19, line 11, after "station." insert "The development authority
	1897	+	shall reconstruct the Gary Metro Center station and coordinate
	1898	+	among the several transit authorities, the city of Gary, and the
	1899	+	federal government in accomplishing the replacement of the
	1900	+	facility.".
	1901	+	Page 19, line 26, delete "related to the Gary Metro Center station
	1902	+	and current" and insert "in the area immediately surrounding the
	1903	+	Gary Metro Center station and within the established transit
	1904	+	development district.".
	1905	+	Page 19, delete line 27.
	1906	+	Page 19, between lines 36 and 37, begin a new line blocked left and
	1907	+	insert:
	1908	+	ES 434—LS 7313/DI 125 45
	1909	+	"Individuals appointed to the board must have professional
	1910	+	experience in commercial facility management.".
	1911	+	Page 20, delete lines 18 through 28.
	1912	+	Page 20, line 29, delete "11." and insert "9.".
	1913	+	(Reference is to ESB 434 as printed April 6, 2023.)
	1914	+	SLAGER
	1915	+	ES 434—LS 7313/DI 125