2013 Indiana Legislative Session Wrap Up
STATEHOUSE – State Representative Martin Carbaugh (R-Fort Wayne) is pleased to announce that the 2013 Indiana Legislative Session has successfully come to a close. A fiscally conservative, balanced budget and three of his bills, House Enrolled Act (HEA) 1270, HEA 1560 and Senate Enrolled Act (SEA) 126 are on their way to becoming law.
“My first session was a great educational experience,” said Rep. Carbaugh. “I’m proud of the work and collaboration from legislators on both sides of the aisle. Each bill focused on helping Hoosiers and improving areas of need for the state.”
HEA 1270 increases the total land area that may be included in a tax increment financing (TIF) district, if the TIF district is established for a housing program by a public or county redevelopment commission. Currently, a TIF district can be up to 150 acres; this legislation increases that amount to 300 acres.
HEA 1560 allows employees of a school corporation to have more control over their retirement dollars. Employees will now have the option to roll their retirement funds into an IRA type fund, from accounts that have been closed from future contributions, granting them greater flexibility with how they choose to invest their funds.
SEA 126 sets provisions for a subdivision with many lots that have different homeowners association covenants. All the lots can be transitioned to one uniform covenant if the homeowners association gives every lot the proposed covenant along with a petition for them to sign stating if they agree or disagree. If two-thirds of the owners approve, the new covenant is then applied to all the lots in that subdivision that are part of the homeowners association.
Other bills authored, co-authored, sponsored and co-sponsored by Rep. Carbaugh include:
“The 2013 session was full of important issues that I believe we handled with careful consideration and a great deal of cooperation,” said Rep. Carbaugh. “I enjoyed learning alongside my fellow freshmen legislators and look forward to the work we will put in this summer to prepare for next year.”
State Rep. Martin Carbaugh serves as Vice Chairman of the Insurance Committee. He also serves on the Employment, Labor and Pensions Committee and the Veterans Affairs and Public Safety Committee. Rep. Carbaugh represents a portion of Allen County.