Skip to main content

Introduced Senate Bill (S)

DIGEST

Allen County and Evansville PSCDA. Increases the maximum amount of covered taxes that may be captured in the Allen County PSCDA from $3,000,000 to $4,000,000. Provides for distribution of the covered taxes as follows: (1) The first $2,600,000 to the Allen County War Memorial Coliseum. (2) The next $400,000 to the Allen County-Fort Wayne capital improvement board. (3) The remaining amount to the Allen County War Memorial Coliseum. Specifies the termination date of the Allen County PSCDA. Adds the downtown convention center hotel to the Evansville PSCDA. Provides that not more than 40% of the funds allocated may be used Allen County and Evansville PSCDA. Increases the maximum amount of covered taxes that may be captured in the Allen County PSCDA from $3,000,000 to $4,000,000. Provides for distribution of the covered taxes as follows: (1) The first $2,600,000 to the Allen County War Memorial Coliseum. (2) The next $400,000 to the Allen County-Fort Wayne capital improvement board. (3) The remaining amount to the Allen County War Memorial Coliseum. Specifies the termination date of the Allen County PSCDA. Adds the downtown convention center hotel to the Evansville PSCDA. Provides that not more than 40% of the funds allocated may be used for paying usual and customary operating expenses with respect to a capital improvement. ... View more