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House Bill 1873

House Bill 1873

ARCHIVE (2003)

Latest Information

DIGEST OF HB 1873 (Updated February 11, 2003 11:29 AM - DI 47)

Port commission powers. Authorizes the Indiana port commission to construct and finance: (1) maritime and nonmaritime port projects throughout Indiana for the transfer of goods and passengers between all modes of transportation; and (2) nonport projects to promote economic growth and development throughout Indiana. Specifies the powers of the commission with respect to these projects, including the conditions under which the commission may issue bonds and enter into various agreements. Exempts a private party whose lease payments with respect to a project are used to pay debt service on bonds issued by the port commission from the public works and procurement statutes, other than the common construction wage requirements.
Current Status:
In Committee - first House
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