Enrolled Senate Bill (S) 8
Co-Authors: Sen. Timothy Lanane
Sponsors: Rep. Jerry Torr
Central Indiana transit. Provides for the establishment or expansion of public transportation services other than light rail in an eligible county through a local public question placed on the ballot under an ordinance adopted by the fiscal body of the eligible county. Requires the department of local government finance to review and approve the language of a local public question. Provides that Delaware County, Hamilton County, Hancock County, Johnson County, Madison County, and Marion County are eligible counties. Authorizes eligible counties to fund approved public transportation projects through various parts of the local option income tax rates that are available under current law ... for other purposes. Requires that fares must cover at least 25% of the operating costs of a transportation system established or expanded under the bill. Requires that revenue raised from sources other than taxes and fares must: (1) equal at least 10% of the local option income tax revenue that the budget agency certifies that an eligible county will receive in the first year of operations of a public transportation project; and (2) cover at least 10% of the operating costs of a transportation system established or expanded under the bill in the second year and thereafter. Provides that eligible counties are responsible for covering any shortfalls in raising alternative revenues. Requires foundations to be established in eligible counties for the purpose of meeting the alternative revenue requirements. Authorizes interlocal agreements, public-private partnerships, and bonding with respect to a public transportation project. Prohibits a political subdivision from using public funds to promote a position on a local public question regarding transit. Provides that the provisions in the bill do not create a moral obligation of the state. Specifies that no general revenues of the state may be used to pay for a transportation project or service under the provisions in the bill (but that this restriction does not apply to distributions from the public mass transportation fund). Requires goals for participation by minority business enterprises, veteran business enterprises, and women's business enterprises in the development of a public transportation project. Provides that the public mass transportation fund distribution formula is subject to annual review by the budget committee and approval of the budget director. Authorizes the fiscal body of a township that is: (1) located in an eligible county in which the county fiscal body does not adopt an ordinance to place a local public question on the ballot; and (2) adjacent to either an eligible county in which a public transportation project has been approved or a township in which a public transportation project has been approved; to adopt a resolution placing a local public question on the next general election ballot in the township concerning the establishment of a public transportation public project in the township. Requires the county fiscal body to carry out a public transportation project approved by the voters of the township and fund it through local option income taxes imposed only upon the county taxpayers who reside in the township.