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House Bill 1264


House Bill 1264

ARCHIVE (2012)

Latest Information

 

DIGEST OF HB 1264 (Updated February 29, 2012 3:30 pm - DI 84)


Flood control in Lake County. Expands the Little Calumet River basin development commission (LCRBDC) from five members to nine members. Requires the LCRBDC to levy a special assessment on parcels of land within the Little Calumet River and Burns Waterway watershed in Lake County. Specifies that the special assessment applies only to parcels that are not exempt from property taxation. Specifies the permissible uses of the assessments, including the repayment of bonds. Specifies that projects for which bonds are payable from special assessments are not controlled projects. Specifies that certain procedural laws apply to the issuance of bonds payable from special assessments. Provides for the repayment of money to the Northwest Indiana Regional Redevelopment Authority. Requires the LCRBDC to meet at least four times per year and to submit annual reports to the board of county commissioners of Lake County. Establishes the Little Calumet River basin project advisory board.
Current Status:
 Law Enacted
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