Indiana 2025 2025 Regular Session

Indiana Senate Bill SB0468 Introduced / Fiscal Note

Filed 01/13/2025

                    LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 7217	NOTE PREPARED: Jan 6, 2025
BILL NUMBER: SB 468	BILL AMENDED: 
SUBJECT: Midwest continental divide commission.
FIRST AUTHOR: Sen. Niezgodski	BILL STATUS: As Introduced
FIRST SPONSOR: 
FUNDS AFFECTED: GENERAL	IMPACT: Pending
DEDICATED
FEDERAL
Summary of Legislation:  Allows an eligible county and city to establish by ordinance, a Midwest
continental divide commission and district for the purpose of acquiring, developing, funding, constructing,
equipping, owning, leasing, and financing economic improvement projects in or serving the district.
Effective Date:  July 1, 2025.
Explanation of State Expenditures:  As of the above date, the fiscal analysis of this bill has not been
completed. Please contact the Office of Fiscal and Management Analysis for an update of this fiscal impact
statement.
Explanation of State Revenues: 
Explanation of Local Expenditures: 
Explanation of Local Revenues: 
State Agencies Affected: 
Local Agencies Affected: 
Information Sources: 
Fiscal Analyst: Qian Li,  317-232-9671. 
SB 468	1