Political Subdivision Reporting to the Department of Local Government Finance

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Sec. 17. (a) Any political subdivision receiving an economic development payment shall annually report the following information to the department of local government finance:

(1) The total amount of economic development payments received in the previous state fiscal year.

(2) The balance of the fund in which the political subdivision deposited the economic development payments under section 13 of this chapter as of the end of the previous state fiscal year.

(b) A political subdivision shall submit the report required by subsection (a) to the department of local government finance before October 1 of each year.

(c) The department of local government finance shall make the report available electronically through the Indiana transparency Internet web site established under IC 5-14-3.7.

As added by P.L.229-2013, SEC.25.


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