15 | | - | SECTION 1. IC 5-1.2-15.5-4.5 IS ADDED TO THE INDIANA |
---|
16 | | - | CODE AS A NEW SECTION TO READ AS FOLLOWS |
---|
17 | | - | [EFFECTIVE JULY 1, 2024]: Sec. 4.5. As used in this chapter, |
---|
18 | | - | "political subdivision" has the meaning set forth in IC 5-1.2-2-57. |
---|
19 | | - | SECTION 2. IC 5-1.2-15.5-10, AS ADDED BY P.L.204-2023, |
---|
20 | | - | SECTION 5, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
---|
21 | | - | JULY 1, 2024]: Sec. 10. Loans from the fund must be allocated and |
---|
22 | | - | made available to participants as follows: |
---|
23 | | - | (1) Seventy percent (70%) of the money in the fund must be used |
---|
24 | | - | for housing infrastructure in municipalities benefitting political |
---|
25 | | - | subdivisions with a population of less than fifty thousand |
---|
26 | | - | (50,000). |
---|
27 | | - | (2) Thirty percent (30%) of the money in the fund must be used |
---|
28 | | - | for housing infrastructure in all other political subdivisions not |
---|
29 | | - | described in subdivision (1). |
---|
30 | | - | SECTION 3. IC 5-1.2-15.5-14, AS ADDED BY P.L.204-2023, |
---|
31 | | - | SECTION 5, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
---|
32 | | - | JULY 1, 2024]: Sec. 14. (a) The authority shall develop and use a |
---|
33 | | - | priority ranking system in making loans from the fund. |
---|
34 | | - | (b) The ranking system must prioritize making loans for eligible |
---|
35 | | - | projects to participants that: |
---|
36 | | - | HEA 1387 2 |
---|
37 | | - | (1) have: |
---|
38 | | - | (A) invested in a housing study within the last five (5) years; |
---|
39 | | - | (B) had a housing study performed by a region's local |
---|
40 | | - | economic development organization; or |
---|
41 | | - | (C) demonstrated the need for housing inventory as indicated |
---|
42 | | - | by the Indiana state housing dashboard; |
---|
43 | | - | (2) have voluntarily revised unified development ordinances, |
---|
44 | | - | zoning regulations, or other land development rules to allow for: |
---|
45 | | - | (A) higher density development; |
---|
46 | | - | (B) construction of other housing types including accessory |
---|
47 | | - | dwelling units and manufactured and modular housing; |
---|
48 | | - | (C) adaptive reuse of commercial buildings for residential use; |
---|
49 | | - | or |
---|
50 | | - | (D) waiver or elimination of regulations such as requirements |
---|
51 | | - | for: |
---|
52 | | - | (i) garage size and placement; |
---|
53 | | - | (ii) steeper roof pitch; |
---|
54 | | - | (iii) minimum lot size and square footage; |
---|
55 | | - | (iv) greater setbacks; |
---|
56 | | - | (v) off-street parking; or |
---|
57 | | - | (vi) design standards that restrict or prohibit the use of code |
---|
58 | | - | compliant products; |
---|
59 | | - | (3) do not have impact fee ordinances; |
---|
60 | | - | (4) have secured private, local, state, or federal funds to |
---|
61 | | - | contribute to the eligible project; |
---|
62 | | - | (5) have secured a letter of support from an employer stipulating |
---|
63 | | - | that the public infrastructure will support residential housing that |
---|
64 | | - | is in reasonable proximity to employment; or |
---|
65 | | - | (6) assist |
---|
66 | | - | (A) homeowners to age in place through restoration or |
---|
67 | | - | renovation of existing homes. or |
---|
68 | | - | (B) communities in preparing for shovel ready housing. |
---|
69 | | - | SECTION 4. IC 36-7-11.9-3, AS AMENDED BY P.L.131-2008, |
---|
70 | | - | SECTION 53, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
---|
71 | | - | JULY 1, 2024]: Sec. 3. (a) "Economic development facilities" includes |
---|
72 | | - | land; interests in land; site improvements; infrastructure improvements; |
---|
73 | | - | buildings; structures; rehabilitation, renovation, and enlargement of |
---|
74 | | - | buildings and structures; economic improvement projects under |
---|
75 | | - | IC 36-7-22; machinery; equipment; and furnishings for the following: |
---|
76 | | - | (1) Facilities for manufacturing, warehousing, distribution, or |
---|
77 | | - | processing of tangible or intangible property. |
---|
78 | | - | (2) Facilities for commercial, business, health care, or recreational |
---|
79 | | - | HEA 1387 3 |
---|
80 | | - | activities (whether for profit or not-for-profit), except for any of |
---|
81 | | - | the following: |
---|
82 | | - | (A) Private or commercial golf course. |
---|
83 | | - | (B) Country club. |
---|
84 | | - | (C) Massage parlor. |
---|
85 | | - | (D) Tennis club. |
---|
86 | | - | (E) Skating facility (including roller skating, skateboarding, or |
---|
87 | | - | ice skating). |
---|
88 | | - | (F) Racquet sports facility (including any handball or |
---|
89 | | - | racquetball court). |
---|
90 | | - | (G) Hot tub facility. |
---|
91 | | - | (H) Suntan facility. |
---|
92 | | - | (I) Racetrack. |
---|
93 | | - | (J) Airplane. |
---|
94 | | - | (K) Skybox or other private luxury box. |
---|
95 | | - | (L) Health club. |
---|
96 | | - | (M) Any facility primarily used for gambling. |
---|
97 | | - | (N) Any store the principal business of which is the sale of |
---|
98 | | - | alcoholic beverages for consumption off premises. |
---|
99 | | - | (3) Facilities for housing under either or both of the following |
---|
100 | | - | statutes: |
---|
101 | | - | (A) IC 36-7-14-52. |
---|
102 | | - | (B) IC 36-7-14-56. |
---|
103 | | - | HEA 1387 Speaker of the House of Representatives |
---|
104 | | - | President of the Senate |
---|
105 | | - | President Pro Tempore |
---|
106 | | - | Governor of the State of Indiana |
---|
107 | | - | Date: Time: |
---|
108 | | - | HEA 1387 |
---|
| 44 | + | 1 SECTION 1. IC 5-1.2-15.5-4.5 IS ADDED TO THE INDIANA |
---|
| 45 | + | 2 CODE AS A NEW SECTION TO READ AS FOLLOWS |
---|
| 46 | + | 3 [EFFECTIVE JULY 1, 2024]: Sec. 4.5. As used in this chapter, |
---|
| 47 | + | 4 "political subdivision" has the meaning set forth in IC 5-1.2-2-57. |
---|
| 48 | + | 5 SECTION 2. IC 5-1.2-15.5-10, AS ADDED BY P.L.204-2023, |
---|
| 49 | + | 6 SECTION 5, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
---|
| 50 | + | 7 JULY 1, 2024]: Sec. 10. Loans from the fund must be allocated and |
---|
| 51 | + | 8 made available to participants as follows: |
---|
| 52 | + | 9 (1) Seventy percent (70%) of the money in the fund must be used |
---|
| 53 | + | 10 for housing infrastructure in municipalities benefitting political |
---|
| 54 | + | 11 subdivisions with a population of less than fifty thousand |
---|
| 55 | + | 12 (50,000). |
---|
| 56 | + | 13 (2) Thirty percent (30%) of the money in the fund must be used |
---|
| 57 | + | 14 for housing infrastructure in all other political subdivisions not |
---|
| 58 | + | 15 described in subdivision (1). |
---|
| 59 | + | 16 SECTION 3. IC 5-1.2-15.5-14, AS ADDED BY P.L.204-2023, |
---|
| 60 | + | 17 SECTION 5, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
---|
| 61 | + | EH 1387—LS 7059/DI 129 2 |
---|
| 62 | + | 1 JULY 1, 2024]: Sec. 14. (a) The authority shall develop and use a |
---|
| 63 | + | 2 priority ranking system in making loans from the fund. |
---|
| 64 | + | 3 (b) The ranking system must prioritize making loans for eligible |
---|
| 65 | + | 4 projects to participants that: |
---|
| 66 | + | 5 (1) have: |
---|
| 67 | + | 6 (A) invested in a housing study within the last five (5) years; |
---|
| 68 | + | 7 (B) had a housing study performed by a region's local |
---|
| 69 | + | 8 economic development organization; or |
---|
| 70 | + | 9 (C) demonstrated the need for housing inventory as indicated |
---|
| 71 | + | 10 by the Indiana state housing dashboard; |
---|
| 72 | + | 11 (2) have voluntarily revised unified development ordinances, |
---|
| 73 | + | 12 zoning regulations, or other land development rules to allow for: |
---|
| 74 | + | 13 (A) higher density development; |
---|
| 75 | + | 14 (B) construction of other housing types including accessory |
---|
| 76 | + | 15 dwelling units and manufactured and modular housing; |
---|
| 77 | + | 16 (C) adaptive reuse of commercial buildings for residential use; |
---|
| 78 | + | 17 or |
---|
| 79 | + | 18 (D) waiver or elimination of regulations such as requirements |
---|
| 80 | + | 19 for: |
---|
| 81 | + | 20 (i) garage size and placement; |
---|
| 82 | + | 21 (ii) steeper roof pitch; |
---|
| 83 | + | 22 (iii) minimum lot size and square footage; |
---|
| 84 | + | 23 (iv) greater setbacks; |
---|
| 85 | + | 24 (v) off-street parking; or |
---|
| 86 | + | 25 (vi) design standards that restrict or prohibit the use of code |
---|
| 87 | + | 26 compliant products; |
---|
| 88 | + | 27 (3) do not have impact fee ordinances; |
---|
| 89 | + | 28 (4) have secured private, local, state, or federal funds to |
---|
| 90 | + | 29 contribute to the eligible project; |
---|
| 91 | + | 30 (5) have secured a letter of support from an employer stipulating |
---|
| 92 | + | 31 that the public infrastructure will support residential housing that |
---|
| 93 | + | 32 is in reasonable proximity to employment; or |
---|
| 94 | + | 33 (6) assist |
---|
| 95 | + | 34 (A) homeowners to age in place through restoration or |
---|
| 96 | + | 35 renovation of existing homes. or |
---|
| 97 | + | 36 (B) communities in preparing for shovel ready housing. |
---|
| 98 | + | 37 SECTION 4. IC 36-7-11.9-3, AS AMENDED BY P.L.131-2008, |
---|
| 99 | + | 38 SECTION 53, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
---|
| 100 | + | 39 JULY 1, 2024]: Sec. 3. (a) "Economic development facilities" includes |
---|
| 101 | + | 40 land; interests in land; site improvements; infrastructure improvements; |
---|
| 102 | + | 41 buildings; structures; rehabilitation, renovation, and enlargement of |
---|
| 103 | + | 42 buildings and structures; economic improvement projects under |
---|
| 104 | + | EH 1387—LS 7059/DI 129 3 |
---|
| 105 | + | 1 IC 36-7-22; machinery; equipment; and furnishings for the following: |
---|
| 106 | + | 2 (1) Facilities for manufacturing, warehousing, distribution, or |
---|
| 107 | + | 3 processing of tangible or intangible property. |
---|
| 108 | + | 4 (2) Facilities for commercial, business, health care, or recreational |
---|
| 109 | + | 5 activities (whether for profit or not-for-profit), except for any of |
---|
| 110 | + | 6 the following: |
---|
| 111 | + | 7 (A) Private or commercial golf course. |
---|
| 112 | + | 8 (B) Country club. |
---|
| 113 | + | 9 (C) Massage parlor. |
---|
| 114 | + | 10 (D) Tennis club. |
---|
| 115 | + | 11 (E) Skating facility (including roller skating, skateboarding, or |
---|
| 116 | + | 12 ice skating). |
---|
| 117 | + | 13 (F) Racquet sports facility (including any handball or |
---|
| 118 | + | 14 racquetball court). |
---|
| 119 | + | 15 (G) Hot tub facility. |
---|
| 120 | + | 16 (H) Suntan facility. |
---|
| 121 | + | 17 (I) Racetrack. |
---|
| 122 | + | 18 (J) Airplane. |
---|
| 123 | + | 19 (K) Skybox or other private luxury box. |
---|
| 124 | + | 20 (L) Health club. |
---|
| 125 | + | 21 (M) Any facility primarily used for gambling. |
---|
| 126 | + | 22 (N) Any store the principal business of which is the sale of |
---|
| 127 | + | 23 alcoholic beverages for consumption off premises. |
---|
| 128 | + | 24 (3) Facilities for housing under either or both of the following |
---|
| 129 | + | 25 statutes: |
---|
| 130 | + | 26 (A) IC 36-7-14-52. |
---|
| 131 | + | 27 (B) IC 36-7-14-56. |
---|
| 132 | + | EH 1387—LS 7059/DI 129 4 |
---|
| 133 | + | COMMITTEE REPORT |
---|
| 134 | + | Mr. Speaker: Your Committee on Government and Regulatory |
---|
| 135 | + | Reform, to which was referred House Bill 1387, has had the same |
---|
| 136 | + | under consideration and begs leave to report the same back to the |
---|
| 137 | + | House with the recommendation that said bill do pass. |
---|
| 138 | + | (Reference is to HB 1387 as introduced.) |
---|
| 139 | + | O'BRIEN |
---|
| 140 | + | Committee Vote: Yeas 10, Nays 0 |
---|
| 141 | + | _____ |
---|
| 142 | + | COMMITTEE REPORT |
---|
| 143 | + | Mr. Speaker: Your Committee on Ways and Means, to which was |
---|
| 144 | + | referred House Bill 1387, has had the same under consideration and |
---|
| 145 | + | begs leave to report the same back to the House with the |
---|
| 146 | + | recommendation that said bill do pass. |
---|
| 147 | + | (Reference is to HB 1387 as printed January 23, 2024.) |
---|
| 148 | + | THOMPSON |
---|
| 149 | + | Committee Vote: Yeas 20, Nays 0 |
---|
| 150 | + | _____ |
---|
| 151 | + | COMMITTEE REPORT |
---|
| 152 | + | Madam President: The Senate Committee on Local Government, to |
---|
| 153 | + | which was referred House Bill No. 1387, has had the same under |
---|
| 154 | + | consideration and begs leave to report the same back to the Senate with |
---|
| 155 | + | the recommendation that said bill DO PASS. |
---|
| 156 | + | (Reference is to HB 1387 as printed January 30, 2024.) |
---|
| 157 | + | |
---|
| 158 | + | BUCK, Chairperson |
---|
| 159 | + | Committee Vote: Yeas 10, Nays 0 |
---|
| 160 | + | EH 1387—LS 7059/DI 129 |
---|