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5-1.2-4.5-3. Applicability; agreement, extension, or amendment; threshold amount; budget agency review; public meeting

IN Code § 5-1.2-4.5-3 (2019) (N/A)
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Sec. 3. (a) This section applies to any other agreement to which the authority or the state is a party under any provision of the Indiana Code, other than IC 8-15.5, or any extension or any amendment to such an agreement, and that is to be entered into after May 1, 2019.

(b) If the proposed agreement, extension, or amendment would increase the amount to be received by the authority or the state by at least one hundred million dollars ($100,000,000), the authority or the state shall submit the proposed agreement, extension, or amendment to the budget committee established by IC 4-12-1-3 for its review. The budget committee may request that the authority or the state, or both, appear at a public meeting of the budget committee concerning the proposed agreement, extension or amendment. The authority or the state may not enter into the proposed agreement, extension or amendment until after the budget committee has reviewed the proposed agreement, extension or amendment.

As added by P.L.108-2019, SEC.82.

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5-1.2-4.5-3. Applicability; agreement, extension, or amendment; threshold amount; budget agency review; public meeting