Indiana § 36-7-14-12.7 - Requirement for commission to file annual spending plan for next calendar year; use of money only for purposes set forth in the plan; failure to submit a plan
Full text of Indiana Indiana Code § 36-7-14-12.7 — Requirement for commission to file annual spending plan for next calendar year; use of money only for purposes set forth in the plan; failure to submit a plan, with citation guidance and answers to common questions.
§ 36-7-14-12.7. Requirement for commission to file annual spending plan for next calendar year; use of money only for purposes set forth in the plan; failure to submit a plan
Sec. 12.7. (a) Not later than December 1 each year, the redevelopment commissioners shall file with the department of local government finance and with the unit's executive and fiscal body a report setting out a spending plan for the next calendar year describing planned expenditures. The spending plan must be filed in the manner prescribed by the department of local government finance.
(b) A redevelopment commission may use money from the redevelopment commission's allocation fund described in section 39(b)(4) of this chapter and any other fund maintained by the redevelopment commission only for the purposes provided in the annual spending plan described in subsection (a).
(c) The department of local government finance shall, before February 1, 2025, and before February 1 of each year thereafter, submit a report of the redevelopment commissions that failed to submit the spending plan required under subsection (a) to the legislative services agency for distribution to the members of the legislative council. The report must be in an electronic format under IC 5-14-6.
As added by P.L.236-2023, SEC.172.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-7-14-12.7
What does Indiana Code § 36-7-14-12.7 cover?
Section 36-7-14-12.7 ("Requirement for commission to file annual spending plan for next calendar year; use of money only for purposes set forth in the plan; failure to submit a plan") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 36-7-14-12.7?
A common citation format is "Indiana Code § 36-7-14-12.7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 36-7-14-12.7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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