Introduced Version SENATE BILL No. 40 _____ DIGEST OF INTRODUCED BILL Citations Affected: IC 14-13-2. Synopsis: Little Calumet River basin development commission. Requires the Little Calumet River basin development commission (commission) to submit an annual budget to the Lake County council (council) before September 1 of each year. Provides that, after December 31, 2025, the commission may not expend money unless certain conditions are met. Requires the commission to submit an annual expenditure and activity report to the council before November 1 of each year. Effective: July 1, 2025. Dernulc, Niemeyer January 8, 2025, read first time and referred to Committee on Local Government. 2025 IN 40—LS 6225/DI 153 Introduced First Regular Session of the 124th General Assembly (2025) PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type. Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution. Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2024 Regular Session of the General Assembly. SENATE BILL No. 40 A BILL FOR AN ACT to amend the Indiana Code concerning natural and cultural resources. Be it enacted by the General Assembly of the State of Indiana: 1 SECTION 1. IC 14-13-2-19 IS AMENDED TO READ AS 2 FOLLOWS [EFFECTIVE JULY 1, 2025]: Sec. 19. (a) The Little 3 Calumet River project development fund is created. The commission 4 shall make expenditures from the fund only to accomplish the purposes 5 of this chapter and in accordance with section 33 of this chapter. 6 (b) The commission shall do the following: 7 (1) Hold the fund in the name of the commission. 8 (2) Administer the fund. 9 (3) Make all expenditures from the fund. 10 (c) The money in the fund at the end of a fiscal year remains in the 11 fund and does not revert to any other fund. 12 SECTION 2. IC 14-13-2-31, AS AMENDED BY P.L.106-2012, 13 SECTION 18, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE 14 JULY 1, 2025]: Sec. 31. (a) Subject to subsection (c), before November 15 1 of each year, the commission shall make a report of the commission's 16 activities to the following: 17 (1) The governor. 2025 IN 40—LS 6225/DI 153 2 1 (2) The legislative council. 2 (3) The board of county commissioners of Lake County. 3 (b) A report made to the legislative council under this section must 4 be in an electronic format under IC 5-14-6. 5 (c) The governor may require the commission to issue reports more 6 frequently than would otherwise be required under subsection (a). 7 (d) Before November 1 of each year, the commission shall make 8 a report of the commission's expenditures and activities to the 9 county council of Lake County. 10 SECTION 3. IC 14-13-2-33 IS ADDED TO THE INDIANA CODE 11 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 12 1, 2025]: Sec. 33. (a) Before September 1 of each year, the 13 commission shall submit a budget to the county council of Lake 14 County for approval. 15 (b) After December 31, 2025, the commission may not expend 16 money, unless the expenditure is: 17 (1) authorized by a budget approved under this section; or 18 (2) otherwise authorized by the county council of Lake 19 County. 2025 IN 40—LS 6225/DI 153