LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6225 NOTE PREPARED: Jan 23, 2025
BILL NUMBER: SB 40 BILL AMENDED: Jan 23, 2025
SUBJECT: Little Calumet River Basin Development Commission.
FIRST AUTHOR: Sen. Dernulc BILL STATUS: CR Adopted - 1
st
House
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: Local
DEDICATED
FEDERAL
Summary of Legislation: The bill requires the Little Calumet River Basin Development Commission to
submit an annual budget to the Lake County Council before September 1 of each year. It provides that, after
December 31, 2025, the commission may not expend money unless certain conditions are met. It requires
the commission to submit an annual expenditure and activity report to the council before November 1 of each
year.
Effective Date: July 1, 2025.
Explanation of State Expenditures:
Explanation of State Revenues:
Explanation of Local Expenditures: (Revised) The bill would increase workload for the Little Calumet
River Basin Development Commission to submit an annual report of its expenditures and activities, and
submit a budget to the Lake County Council for nonbinding review.
Explanation of Local Revenues:
State Agencies Affected:
Local Agencies Affected: Lake County Council; Little Calumet River Basin Development Commission.
Information Sources:
Fiscal Analyst: Heather Puletz, 317-234-9484.
SB 40 1