Hoosier leaders draft legislation to safeguard taxpayer funds

Posted by: Kelly Sweeney  | Friday, December 14, 2012 8:00 am

STATEHOUSE – Hoosier leaders are drafting legislation to correct a recently discovered loophole by the Porter County Council. House Representatives Ed Soliday (R-Valparaiso) and Chuck Moseley (D-Portage) alongside State Senators Ed Charbonneau (R-Valparaiso) and Karen Tallian (D-Portage) are together drafting legislation to clarify the meaning of the statute, ensuring the system of checks and balances is positioned firmly between the Porter County Commissioners and County Council.

In 2011, House Enrolled Act (HEA) 1275 authorized a county, city or town to transfer money from its County Economic Development Income Tax (CEDIT) Fund or Rainy Day Fund to its General Fund or any appropriated funds of the municipality. The bill eased the mobility of taxpayer money from the CEDIT or Rainy Day Fund to the General Fund which allows greater flexibility for the various councils responsible for making appropriations and handling each municipality’s fiscal affairs. The bill passed unanimously through the House and went into effect on July 1, 2011.

“The purpose of the bill is to reaffirm the principle of checks and balances at a local level,” said Sen. Charbonneau. “By eliminating the vagueness of the code, we hope this new language will clarify the intent of the original piece of legislation.”