Establishes the following procedure for dissolving a town or changing the name of a town: (1) Requires at least 5% of the registered voters of the town to file a petition for town dissolution or name change with the county auditor. (2) Requires the county commissioners to hold a hearing on a petition. (3) Requires approval of a public question by the town's voters by an affirmative vote of at least 2/3 of the voters voting on the public question. Provides, in the case of a town dissolution, for disposition of funds, property, and records of a dissolved town. Repeals statutes relating to: (1) town dissolutions; and (2) changing the name of a town.

Statutes affected:
Introduced Senate Bill (S): 36-5-1.1
Senate Bill (S): 36-5-1.1