Skip to content

Destination development corporation foundation.

It became law on Apr 20, 2023.

IN HB 1209 · House Bill · 2023

Stage
Became law
Started in
House
Sponsors
8
Latest action
Apr 20, 2023

What it does

Allows the destination development corporation (corporation) to establish a nonprofit subsidiary corporation to solicit and accept private sector funding, gifts, donations, bequests, devises, and contributions. Provides that the state examiner may waive the examination of the corporation and a nonprofit subsidiary corporation by the state board of accounts, if the board of the corporation engages an independent certified public accounting firm to conduct an examination of: (1) the corporation and the corporation's funds, accounts, and financial affairs; and (2) a nonprofit subsidiary corporation; in accordance with the uniform compliance guidelines, directives, and standards established by…

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 20, 2023

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

Once a bill is decided, the questions are about what is done with it in Indiana.

Work with this bill

Destination development corporation foundation. | 52