LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
200 W. Washington St., Suite 301
Indianapolis, IN 46204
(317) 233-0696
iga.in.gov
FISCAL IMPACT STATEMENT
LS 6915 NOTE PREPARED: Mar 13, 2020
BILL NUMBER: SB 350 BILL AMENDED: Mar 11, 2020
SUBJECT: Central Indiana Regional Development Authority.
FIRST AUTHOR: Sen. Holdman BILL STATUS: Enrolled
FIRST SPONSOR: Rep. Brown T
FUNDS AFFECTED: X GENERAL IMPACT: State & Local
DEDICATED
FEDERAL
Summary of Legislation: This bill authorizes counties and municipalities within the Indianapolis
metropolitan area to establish a Central Indiana Regional Development Authority Pilot that will sunset on
July 1, 2025. It requires counties and municipalities that wish to establish the development authority to adopt
substantially similar resolutions to adopt a preliminary strategic economic development plan (preliminary
development plan).
The bill provides that the development authority shall be governed by a strategy committee composed of
members selected according to the terms of the preliminary development plan adopted to establish the
development authority. It specifies the duties of the development authority. It also requires the development
authority to prepare a comprehensive strategic economic development plan.
The bill codifies the establishment and governing provisions of the Indianapolis Metropolitan Planning
Organization. It requires the Indianapolis Metropolitan Planning Organization to:
(1) develop a comprehensive asset management plan for the metropolitan planning area in
collaboration with the Indiana Department of Transportation; and
(2) present the comprehensive asset management plan to the city-county council of Indianapolis and
Marion County, the fiscal and legislative bodies of each entity that is a member of the Indianapolis
Metropolitan Planning Organization, and the State Budget Committee.
Effective Date: Upon passage.
Explanation of State Expenditures: State Board of Accounts (SBOA): The SBOA may conduct an audit
of any phase of the operations of the Central Indiana Regional Development Authority (RDA). The bill's
requirements are within the SBOA's administrative functions and should be able to be implemented,
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assuming near customary agency staffing and resources. The RDA is required to pay the cost of any SBOA
audits.
Indiana Department of Transportation (INDOT): INDOT is required to collaborate with the Indianapolis
Metropolitan Planning Organization (MPO) to develop a comprehensive management plan for the
metropolitan planning area. The bill's requirements are within the INDOT's administrative functions and
should be able to be implemented, assuming near customary agency staffing and resources.
Indiana Economic Development Corporation (IEDC): This bill requires the IEDC to receive a copy of the
preliminary development plan when the Central Indiana RDA is established and be notified when new
members join the RDA. The bill's requirements are within the IEDC's administrative functions and should
be able to be implemented, assuming near customary agency staffing and resources.
Explanation of State Revenues:
Explanation of Local Expenditures: Central Indiana Regional Development Authority (RDA): The bill
establishes the Central Indiana RDA. Counties, municipalities, airport authorities, commuter transportation
districts, regional transportation authorities, and public transportation corporations located in the
Indianapolis-Carmel-Anderson Metropolitan Statistical Area may join this RDA. The following
governmental units may immediately withdraw from the regional development authority to which they belong
in order to join the Central Indiana RDA: the city of Westfield; the city of Carmel, the city of Greenwood,
and Marion County.
If not already members, Marion County and the city of Indianapolis are required to join the RDA if 60% or
more of the eligible political subdivisions located within the Indianapolis-Carmel-Anderson Metropolitan
Statistical Area become members. Marion County and the city of Indianapolis can incur a financial obligation
in relation to the RDA only by voluntarily entering into an agreement to undertake the financial obligation.
The RDA would be governed by a strategy committee. The membership of the strategy committee is to be
determined by the preliminary development plan. The strategy committee is required to meet at least
quarterly. A copy of the preliminary development plan must be submitted to the IEDC.
The RDA is required to pay the cost of an annual financial audit by a certified public accountant , which must
be approved by and under the direction of the State Examiner. The bill also requires the RDA to issue a
report annually to the Legislative Council, State Budget Committee, the Indiana Economic Development
Corporation, and the executive, fiscal body, and legislative body of each member of the RDA concerning its
operations and activities during the preceding year.
The bill creates a regional strategy fund to be administered by the strategy committee. The fund would
consist of (1) any payments required under an interlocal agreement; (2) money received from the federal
government; (3) gifts, contributions, donations, and private grants; and (4) money transferred to the RDA
under an interlocal agreement.
Indianapolis Metropolitan Planning Organization (MPO): The bill codifies the establishment and governing
provisions of the MPO. It provides that the MPO may consist of Marion County, the city of Indianapolis,
adjacent counties, and eligible political subdivisions within those counties, including municipalities and an
urban mass transportation system. The purpose of the MPO is to institute and maintain a comprehensive
planning and programming process for transportation policy and to assist the Central Indiana RDA in
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carrying out its duties.
Explanation of Local Revenues:
State Agencies Affected: State Board of Accounts; Indiana Department of Transportation; State Budget
Committee; Indiana Economic Development Corporation.
Local Agencies Affected: Eligible political subdivisions within the Indianapolis-Carmel-Anderson
Metropolitan Statistical Area.
Information Sources:
Fiscal Analyst: Seth Payton, 317-233-3546.
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Statutes affected: 1. Introduced Senate Bill (S): 6-3.6-2-2, 6-3.6-2-13, 6-3.6-2-15, 6-3.6-3-5, 6-3.6-4-1, 6-3.6-4-2, 6-3.6-7-24, 6-3.6-8-3, 6-3.6-8-4, 6-3.6-8-5, 36-7.6-1-8, 36-7.6-1-9, 36-7.6-1-11, 36-7.6-2-1, 36-7.6-2-3, 36-7.6-2-4, 36-7.6-2-5, 36-7.6-2-6, 36-7.6-2-7, 36-7.6-2-10, 36-7.6-2-11, 36-7.6-2-12, 36-7.6-2-14, 36-7.6-3-2, 36-7.6-3-5, 36-7.6-4-1, 36-7.6-4-2, 36-7.6-4-3, 36-7.6-4-4, 36-7.6-4-5, 36-7.6-4-6, 36-7.6-4-7, 36-7.6-4-16, 36-7.6-4-17
2. Senate Bill (S): 6-3.6-2-8
3. Senate Bill (H): 6-3.6-2-8
4. Engrossed Senate Bill (H): 6-3.6-2-8