[r82] Espich's bill to provide additional funding and relief for Hoosiers passes House (2/1/2012)

Wednesday, February 1, 2012 7:00 pm

Start Date:  2/1/2012    
End Date:  2/1/2012    

STATEHOUSE—Rep. Jeff Espich (R-Uniondale) legislation to provide additional funding to state fair stage collapse victims and full day kindergarten, while also improving the Automatic Taxpayer Refund adopted last year, passed out of the Indiana House of Representatives today with a 96-2 vote.

“We have been working for months to find additional funding for these deserving needs, so I am pleased with the product we were able to present today,” said Chairman Espich.

House Bill (HB) 1376 would double the amount of compensation available for state fair stage collapse victims by raising the aggregate liability limit from $5 million to $10 million.

“No amount of money fixes this horrific situation that occurred last summer, but we need to do what is fair and reasonable for those involved and their families.”

In addition, the legislation would also double the per student grant for full day kindergarten by providing an additional $80 million in funding (increase from $1,227 per student to $2,400 per student).

HB 1376 would prioritize refunds to taxpayers and distribute these refunds fairly. Current projections indicate that four million Hoosiers could receive a refund of at least $50 each when they file their 2012 tax returns next spring.

Finally, the legislation would maintain the state’s commitment to send a portion of any “excess reserves” to the Pension Stabilization Fund to help pay teacher pension obligations.

HB 1376 will move to the Senate for further discussion and debate.

To find the most up-to-date bill status, visit www.in.gov/legislative.