LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS FISCAL IMPACT STATEMENT LS 7500 NOTE PREPARED: Jan 8, 2025 BILL NUMBER: HB 1373 BILL AMENDED: SUBJECT: Rent Escrow. FIRST AUTHOR: Rep. Boy BILL STATUS: As Introduced FIRST SPONSOR: FUNDS AFFECTED:XGENERAL IMPACT: State & Local XDEDICATED FEDERAL Summary of Legislation: This bill establishes a procedure permitting a tenant to withhold rent from a landlord and deposit it with a court if the landlord does not fulfill the landlord's obligations or fails to remedy a violation of an ordinance, rule, code, or other law, and the violation may materially affect the health or safety of the tenant. Effective Date: July 1, 2025. Explanation of State Expenditures: Explanation of State Revenues: Court Fee Revenue: If additional civil cases occur and court fees are collected, revenue to the state General Fund will increase. The total revenue per case would range between $100 and $122. The amount deposited will vary depending on whether the case is filed in a court of record or a municipal court. The following linked document describes the fees and distribution of the revenue: Court fees imposed in civil, probate, and small claims cases. Explanation of Local Expenditures: The proposed language may result in an increased administrative workload for county clerks since tenants whose claims are pending resolution may be ordered by the court to make regular rental payments to the clerk of the court, who shall hold the payments in a rental escrow fund. Explanation of Local Revenues: Court Fee Revenue: If additional cases occur, revenue will be collected by certain local units. If the case is filed in a court of record, the county will receive $32 and qualifying municipalities will receive a share of $3. If the case is filed in a municipal court, the county receives $20, and the municipality will receive $37. The following linked document describes the fees and distribution of the revenue: Court fees imposed in civil, probate, and small claims cases. State Agencies Affected: HB 1373 1 Local Agencies Affected: County clerks; Trial courts, city and town courts. Information Sources: Indiana Supreme Court, Indiana Trial Court Fee Manual. Fiscal Analyst: James Johnson, 317-232-9869. HB 1373 2