reglab/housing_qa huggingface dataset:
IN Code § 36-7-13-5 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-5. Advisory Commission on Industrial Development; Creation; Membership; Duties

Sec. 5. (a) In order to coordinate the efforts of the unit and any private industrial development committee in the community, an advisory commission on industrial development shall be appointed by the unit's executive.(b) Except as provided in subsection (d), the commission shall be composed of six (6) members, including at least one (1) representative of the unit's government, at least one (1) representative of the local industrial development committee, at least one (1) representative of a local banking institution, at least one (1) representative of a local utility company, and at least one (1) representative of organized labor from the building trades. A member of the commission may represent more than one (1) of the organizations enumerated.(c) The unit's legislative body shall request the commission's recommendations. The legislative body may not conduct any business requiring expenditures from the industrial development fund or make any sale or lease of property acquired by the unit under this chapter without the approval, in writing, of a majority of the members of the commission.(d) In addition to the members described in subsection (b), if the executive of a unit has submitted a petition to a commission under section 10 of this chapter or if the legislative body of a county or municipality has adopted an ordinance designating a district under section 10.5 of this chapter, the following persons are members of the commission:(1) A member appointed by the governor.(2) A member appointed by the lieutenant governor.(3) A member appointed by the director of the department of workforce development.[Pre-Local Government Recodification Citation: 18-7-14-6.]As added by Acts 1981, P.L.309, SEC.32. Amended by Acts 1981, P.L.310, SEC.78; P.L.262-1993, SEC.4; P.L.1-1994, SEC.175; P.L.125-1998, SEC.12; P.L.174-2001, SEC.4.
IN Code § 36-7-13-6 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-6. Industrial Development Fund; Payments and Deposits

Sec. 6. All costs for the acquisition and improvement of real property under this chapter shall be paid from the industrial development fund, and all proceeds from the sale of real property under this chapter shall be deposited in that fund.[Pre-Local Government Recodification Citation: 18-7-14-7.]As added by Acts 1981, P.L.309, SEC.32.
IN Code § 36-7-13-7 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-7. Title to Real Property

Sec. 7. The title to all real property acquired under this chapter shall be taken in the name of the unit and shall be conveyed by warranty deed executed by the presiding officer of the legislative body and attested to by the clerk of the unit.[Pre-Local Government Recodification Citation: 18-7-14-8.]As added by Acts 1981, P.L.309, SEC.32. Amended by Acts 1981, P.L.310, SEC.79; P.L.262-1993, SEC.6.
IN Code § 36-7-13-8 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-8. Property Acquired by or From Unit; No Tax Exemption

Sec. 8. Property acquired by or from a unit under this chapter is not exempt from any taxes.[Pre-Local Government Recodification Citation: 18-7-14-9.]As added by Acts 1981, P.L.309, SEC.32. Amended by Acts 1981, P.L.310, SEC.80; P.L.262-1993, SEC.7.
IN Code § 36-7-13-9 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-9. Transfer of Surplus Funds; Cessation of Tax Levy

Sec. 9. When the purposes for which the industrial development fund was established have been accomplished and all districts designated by the unit have been terminated under section 19 of this chapter, the balance remaining in that fund shall be transferred to the general fund of the unit and the authority for the levy of the tax provided by section 4 of this chapter ceases.[Pre-Local Government Recodification Citation: 18-7-14-10.]As added by Acts 1981, P.L.309, SEC.32. Amended by Acts 1981, P.L.310, SEC.81; P.L.262-1993, SEC.8; P.L.125-1998, SEC.13.
IN Code § 36-7-13-10 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-10. Application for Designation of District

Sec. 10. (a) After approval by ordinance or resolution of the legislative body of a municipality located in a county having a population of:(1) more than one hundred thirty-five thousand (135,000) but less than one hundred thirty-eight thousand (138,000);(2) more than two hundred fifty thousand (250,000) but less than two hundred seventy thousand (270,000); or(3) more than three hundred thousand (300,000) but less than four hundred thousand (400,000);the executive of the municipality may submit an application to an advisory commission on industrial development requesting that an area within the municipality be designated as a district.(b) After approval by ordinance or resolution of the legislative body of a county, the executive of the county may submit an application to an advisory commission on industrial development requesting that an area within the county, but not within a municipality, be designated as a district. However, in a county having a population of more than one hundred fifteen thousand (115,000) but less than one hundred twenty-five thousand (125,000), the legislative body of the county may request that an area within the county be designated as a district even if the area is within a municipality.As added by P.L.125-1998, SEC.14. Amended by P.L.138-1999, SEC.3; P.L.174-2001, SEC.5; P.L.170-2002, SEC.158; P.L.119-2012, SEC.203.
IN Code § 36-7-13-10.1 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-10.1. Application for Designation of District in First or Second Class City

Sec. 10.1. (a) This section applies to a:(1) first class city; or(2) second class city.(b) After approval by ordinance or resolution of the legislative body of a city described in subsection (a), the executive of the city may submit an application to an advisory commission on industrial development requesting that one (1) area within the city be designated as a district under section 12.1 of this chapter. However, the total number of districts designated in a city under this chapter after June 30, 2003, (excluding districts designated before July 1, 2003) may not exceed one (1).As added by P.L.224-2003, SEC.236.
IN Code § 36-7-13-10.7 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-10.7. Calculation of Net Increment for Preceding Fiscal Year; Funds and Accounts; Limitation on Amounts Received by City

Sec. 10.7. (a) This section applies to a district designated under section 10.5 of this chapter and approved by the budget agency before January 1, 2002, in a city having a population of more than twenty-nine thousand nine hundred (29,900) but less than thirty-one thousand (31,000).(b) An area is added to and becomes part of a district described in subsection (a) if the area consists of property that:(1) is located in a city having a population of more than twenty-nine thousand nine hundred (29,900) but less than thirty-one thousand (31,000); and(2) experienced a loss of at least three hundred (300) jobs during the calendar year ending December 31, 2001.(c) After the addition of property to a district described in subsection (a) under this section, the gross retail base period amount determined under section 2.4 of this chapter for the district before the addition of the property to the district under this section shall be increased by an amount equal to:(1) the aggregate amount of state gross retail and use taxes remitted:(A) under IC 6-2.5 by the businesses operating in the area added to the district under subsection (b); and(B) during the period beginning after December 31, 2001, and ending before February 1, 2002; multiplied by(2) twelve (12).(d) After the addition of property to a district described in subsection (a) under this section, the income tax base period amount determined under section 3.2 of this chapter for the district before the addition of the property to the district under this section shall be increased by an amount equal to:(1) the aggregate amount of state and local income taxes paid:(A) by employees employed in the area added to the district under subsection (b) with respect to wages and salary earned for work in the area added; and(B) during the period beginning after December 31, 2001, and ending before February 1, 2002; multiplied by(2) twelve (12).(e) The addition of property to a district under this section does not require adoption of an ordinance, review by the budget committee, or approval of the budget agency under section 10.5 of this chapter.As added by P.L.178-2002, SEC.119. Amended by P.L.119-2012, SEC.204.
IN Code § 36-7-13-11 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-11. Application for Designation of District; Duties of Advisory Commission on Industrial Development

Sec. 11. If a municipal or county executive submits an application requesting an area to be designated as a district under this chapter, the advisory commission on industrial development shall do the following:(1) Compile information necessary to make a determination concerning whether the area meets the conditions necessary for designation as a district.(2) Prepare maps showing the boundaries of the proposed district.(3) Prepare a plan describing the ways in which the development obstacles described in section 12(b)(3), 12(c), 12(d), 12(e), or 12.1(a) of this chapter in the proposed district will be addressed.As added by P.L.125-1998, SEC.15. Amended by P.L.138-1999, SEC.4; P.L.174-2001, SEC.7; P.L.224-2003, SEC.237.
IN Code § 36-7-13-12.5 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-12.5. Petition for Modification of District Boundaries; Budget Committee and Budget Agency Findings; Certification of Boundaries

Sec. 12.5. (a) An advisory commission on industrial development that designates a district under section 12 or 12.1 of this chapter or the legislative body of a county or municipality that adopts an ordinance designating a district under section 10.5 of this chapter may petition for permission to modify the boundaries of the district. The petition must be submitted to the budget committee for review and recommendation to the budget agency.(b) When considering a petition submitted under subsection (a), the budget committee and the budget agency must make the following findings:(1) The area to be added to the district, if any, meets the conditions necessary for designation as a district under section 10.5, 12, or 12.1 of this chapter.(2) The proposed modification of the district will benefit the people of Indiana by protecting or increasing state and local tax bases and tax revenues for at least the duration of the district.(c) Upon approving a petition submitted under subsection (a), the budget agency shall certify the district's modified boundaries to the department of state revenue.As added by P.L.81-2004, SEC.36 and P.L.90-2004, SEC.9.
IN Code § 36-7-13-13 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-13. Designation of District; Information to Department of State Revenue; Determination of Gross Retail Base Period Amount and Income Tax Base Period Amount

Sec. 13. (a) If an advisory commission on industrial development designates a district under section 12 or 12.1 of this chapter or if the legislative body of a county or municipality adopts an ordinance designating a district under section 10.5 of this chapter, the advisory commission, or the legislative body in the case of a district designated under section 10.5 of this chapter, shall send a certified copy of the resolution or ordinance designating the district to the department of state revenue by certified mail and shall include with the resolution a complete list of the following:(1) Employers in the district.(2) Street names and the range of street numbers of each street in the district.(3) Federal tax identification number of each business in the district.(4) The street address of each employer.(5) Name, telephone number, and electronic mail address (if available) of a contact person for each employer.(b) The advisory commission, or the legislative body in the case of a district designated under section 10.5 of this chapter, shall update the list:(1) before July 1 of each year; or(2) within fifteen (15) days after the date that the budget agency approves a petition to modify the boundaries of the district under section 12.5 of this chapter.(c) Not later than sixty (60) days after receiving a copy of the resolution or ordinance designating a district, the department of state revenue shall determine the gross retail base period amount and the income tax base period amount.(d) Not later than sixty (60) days after receiving a certification of a district's modified boundaries under section 12.5(c) of this chapter, the department shall recalculate the gross retail base period amount and the income tax base period amount for a district modified under section 12.5 of this chapter.As added by P.L.125-1998, SEC.17. Amended by P.L.174-2001, SEC.9; P.L.224-2003, SEC.240; P.L.81-2004, SEC.37 and P.L.90-2004, SEC.10; P.L.199-2005, SEC.34.
IN Code § 36-7-13-14 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-14. Tax Incremental Amount Calculations; District Business Duties

Sec. 14. (a) Before the first business day in October of each year, the department shall calculate the income tax incremental amount and the gross retail incremental amount for the preceding state fiscal year for each district designated under this chapter.(b) Businesses operating in the district shall report annually, in the manner and in the form prescribed by the department, information that the department determines necessary to calculate incremental gross retail, use, and income taxes. A taxpayer operating in the district that files a consolidated tax return with the department also shall file annually an informational return with the department for each business location of the taxpayer within the district. If a taxpayer fails to report the information required by this section or file an informational return required by this section, the department shall use the best information available in calculating the incremental gross retail, use, and income taxes.(c) Not later than sixty (60) days after receiving a certification of a district's modified boundaries under section 12.5(c) of this chapter, the department shall recalculate the income tax incremental amount and the gross retail incremental amount for the preceding state fiscal year for a district modified under section 12.5 of this chapter.As added by P.L.125-1998, SEC.18. Amended by P.L.81-2004, SEC.38 and P.L.90-2004, SEC.11; P.L.199-2005, SEC.35; P.L.113-2010, SEC.132; P.L.172-2011, SEC.145; P.L.261-2013, SEC.42.
IN Code § 36-7-13-15 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-15. Incremental Tax Financing Funds

Sec. 15. (a) If an advisory commission on industrial development designates a district under this chapter or the legislative body of a county or municipality adopts an ordinance designating a district under section 10.5 of this chapter, the treasurer of state shall establish an incremental tax financing fund for the district. The fund shall be administered by the treasurer of state. Money in the fund does not revert to the state general fund at the end of a state fiscal year.(b) Subject to subsection (c), the following amounts shall be deposited during each state fiscal year in the incremental tax financing fund established for the district under subsection (a):(1) The aggregate amount of state gross retail and use taxes that are remitted under IC 6-2.5 by businesses operating in the district, until the amount of state gross retail and use taxes deposited equals the gross retail incremental amount for the district.(2) The aggregate amount of state and local income taxes paid by employees employed in the district with respect to wages earned for work in the district, until the amount of state and local income taxes deposited equals the income tax incremental amount.(c) Except as provided in subsection (e), the aggregate amount of revenues that is:(1) attributable to:(A) the state gross retail and use taxes established under IC 6-2.5; and(B) the adjusted gross income tax established under IC 6-3-1 through IC 6-3-7; and(2) deposited during any state fiscal year in each incremental tax financing fund established for a district;may not exceed one million dollars ($1,000,000) per district designated under section 10.5 or 12 of this chapter and seven hundred fifty thousand dollars ($750,000) per district for a district designated under section 10.1 or 12.1 of this chapter.(d) On or before the twentieth day of each month, all amounts held in the incremental tax financing fund established for a district shall be distributed to the district's advisory commission on industrial development for deposit in the industrial development fund of the unit that requested designation of the district.(e) The aggregate amount of revenues that is:(1) attributable to:(A) the state gross retail and use taxes established under IC 6-2.5; and(B) the adjusted gross income tax established under IC 6-3-1 through IC 6-3-7; and(2) deposited during any state fiscal year in the incremental tax financing funds established for the districts located in Delaware County;may not exceed two million dollars ($2,000,000).As added by P.L.125-1998, SEC.19. Amended by P.L.174-2001, SEC.10; P.L.192-2002(ss), SEC.175; P.L.224-2003, SEC.241; P.L.113-2010, SEC.133; P.L.172-2011, SEC.146.
IN Code § 36-7-13-16 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-16. Issuance of Bonds or Other Obligations

Sec. 16. (a) A unit may issue bonds or other obligations to finance the costs of addressing the development obstacles described in section 12(b)(3), 12(c), 12(d)(3), 12(e)(2), or 12.1(a) of this chapter in the district.(b) The district bonds are special obligations of indebtedness of the district. The district bonds issued under this section, and interest on the district bonds, are payable solely out of amounts deposited in the industrial development fund under this chapter.As added by P.L.125-1998, SEC.20. Amended by P.L.138-1999, SEC.6; P.L.174-2001, SEC.11; P.L.224-2003, SEC.242.
IN Code § 36-7-13-17 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-17. Pledge of Money in Industrial Development Fund

Sec. 17. Money in the industrial development fund may be pledged by an advisory commission for the following purposes:(1) To pay debt service on bonds or other obligations issued under this chapter.(2) To establish and maintain a debt service reserve established by the advisory commission.As added by P.L.125-1998, SEC.21. Amended by P.L.1-1999, SEC.82.
IN Code § 36-7-13-18 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-18. Goals or Benchmarks for Property Development or Redevelopment

Sec. 18. (a) As used in this section, "developer" means a person that:(1) proposes to enter into, or has entered into, a financing agreement with a unit for the development or redevelopment of a facility located in a district; and(2) has entered into a separate agreement with some other person for the use or operation of the financed facility.(b) A unit may establish goals or benchmarks concerning the development or redevelopment of property by a developer. The unit may provide that a developer that meets or exceeds the goals or benchmarks shall be paid a specified fee from the industrial development fund.As added by P.L.125-1998, SEC.22.
IN Code § 36-7-13-19 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-19. Termination of District

Sec. 19. When the advisory commission, or the legislative body of a county or municipality that adopts an ordinance designating a district under section 10.5 of this chapter, determines that the purposes for which a district was established have been accomplished and that all bonds or other obligations issued under this chapter and all interest on those bonds or obligations have been fully paid, the advisory commission or the legislative body shall adopt a resolution terminating the district. If an advisory commission or a legislative body adopts a resolution under this section, the advisory commission or the legislative body shall send a certified copy of the resolution by certified mail to the department.As added by P.L.125-1998, SEC.23. Amended by P.L.174-2001, SEC.12.
IN Code § 36-7-13-20 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-20. Covenant Not to Adversely Affect Owners of Bonds or Obligations

Sec. 20. The general assembly covenants that this chapter will not be repealed or amended in a manner that will adversely affect the owner of bonds or other obligations issued under this chapter.As added by P.L.125-1998, SEC.24.
IN Code § 36-7-13-21 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-21. Written Agreements for Joint Economic Development Projects

Sec. 21. (a) Two (2) or more:(1) advisory commissions; or(2) legislative bodies;or any combination of advisory commissions and legislative bodies may enter into a written agreement under this section to jointly undertake economic development projects.(b) A party to an agreement under this section may do one (1) or more of the following:(1) Except as provided in subsection (c), grant one (1) or more of its powers to another party to the agreement.(2) Exercise any power granted to it by a party to the agreement.(3) Pledge any of its revenues to the bonds or lease rental obligations of another party to the agreement under IC 5-1-14-4.(c) A party to an agreement under this section may not grant another party to the agreement the power to tax or to establish a district under this chapter.(d) An action to challenge the validity of an agreement under this section must be brought not more than thirty (30) days after the agreement has been approved by all the parties to the agreement. After that period has passed, the agreement is not contestable for any cause.As added by P.L.203-2005, SEC.9.
IN Code § 36-7-13-22 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 13. Industrial Development|36-7-13-22. Terms of Written Agreement for Joint Economic Development Project

Sec. 22. An agreement described in section 21 of this chapter must provide for the following:(1) The duration of the agreement.(2) The purpose of the agreement.(3) The manner of financing, staffing, and supplying the joint undertaking and of establishing and maintaining a budget for the joint undertaking.(4) The methods that may be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon partial or complete termination of the agreement.(5) The manner of acquiring, holding, and disposing of real and personal property used in the joint undertaking.(6) Any other appropriate matters.As added by P.L.203-2005, SEC.10.