Indiana 2024 2024 Regular Session

Indiana House Bill HB1376 Introduced / Fiscal Note

Filed 02/01/2024

                    LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
200 W. Washington St., Suite 301
Indianapolis, IN 46204
(317) 233-0696
iga.in.gov
FISCAL IMPACT STATEMENT
LS 6949	NOTE PREPARED: Feb 1, 2024
BILL NUMBER: HB 1376	BILL AMENDED: Jan 31, 2024
SUBJECT: School Controlled Project Referendum.
FIRST AUTHOR: Rep. Behning	BILL STATUS: As Passed House
FIRST SPONSOR: Sen. Freeman
FUNDS AFFECTED:XGENERAL	IMPACT: State & Local
DEDICATED
FEDERAL
Summary of Legislation: The bill provides that a local public question authorizing a school corporation to
impose property taxes to pay debt service on bonds or lease rentals on a lease for a specified controlled
project may be placed on the ballot only at a general election or municipal general election.
Effective Date:  July 1, 2024.
Explanation of State Expenditures: The Election Division may need to update election publications and
informational materials to inform of the bill’s proposed changes. It is likely any needed revisions would be
able to be incorporated during the publication of next year’s informational materials within existing resources
as a routine matter of business. 
Explanation of State Revenues: 
Explanation of Local Expenditures: It is likely this provision would amount to little change to local
election expenditures when a school corporation specified controlled projects referenda is placed on the
ballot for a general election.
Explanation of Local Revenues: 
State Agencies Affected: Election Division. 
Local Agencies Affected: Counties. 
HB 1376	1 Information Sources:
Fiscal Analyst: Chris Baker,  317-232-9851.
HB 1376	2