CIB Bailout Bill Dies In Committee
Bailout Bill Pulled After Accusations Of Partisanship
POSTED: 12:28 pm EDT June 17, 2009
UPDATED: 3:58 pm EDT June 17, 2009
INDIANAPOLIS -- A bill to bail out the Indianapolis Capital Improvement Board is dead after it was pulled from committee.House Ways and Means Committee Chairman Bill Crawford, a Democrat, said that the vote he interrupted Tuesday night will not resume because of a lack of bipartisan support, 6News' Norman Cox reported.
All 10 Republicans had voted against the bill before any Democrats had voted. Crawford said if support wasn't going to be bipartisan, there would be no vote at all."So we sorta have to look within the goodness of our hearts to be working on this issue to begin with, and then to have it politicized the way it was," said Rep. Scott Pelath, D-Michigan City.But Republicans said they voted en masse against the bill because Democrats had tacked on too many things benefiting other areas, things that further drained the state's budget surplus."I mean, we were prepared to vote for a CIB. I'm not sure every one of our Republican members would have, but once they started adding (things) to it that were sort of unrelated to CIB, then that meant some of us were going to jump off," said Rep. Eric Turner, R-Marion.Committee members were supposed to meet again Wednesday morning, but Crawford canceled the meeting, saying that there was still no spirit of cooperation. The committee is not scheduled to meet again.City Controller David Reynolds said Tuesday that a failure to approve a bailout would force the CIB to start notifying future convention holders that they might have to go elsewhere.The organization, which overseas the operations of Lucas Oil Stadium, Conseco Fieldhouse, Victory Field and the Indiana Convention Center has an expected operating deficit of $47 million and could run out of money by this fall.The bill could be revived in the Senate, but not in a bill by itself. The bailout provisions could be inserted into the budget bill at that point.Watch 6News and refresh this page for updates.
Analysis: Capitol WatchBlog
Previous Stories:
- June 16, 2009: CIB Bailout Bill In Jeopardy
- June 11, 2009: Lawmakers To Restart Contentious Budget Debate
- June 8, 2009: CIB Uncertain About Cuts, Future
- June 5, 2009: Peterson 'Proud Of' Lucas Oil Stadium Legacy
- June 4, 2009: Daniels, Ballard Unveil New CIB Plan
- May 20, 2009: Ballard Proposes Boosting Alcohol Tax To Bail Out CIB
- May 9, 2009: Black Expo Forges Ahead Despite CIB Cut
- May 8, 2009: Daniels: Joining Budget, CIB Bailout Best Option
- May 1, 2009: CIB OKs $2M In Emergency Cuts
- April 30, 2009: CIB Scrambles After Lawmakers Fail To Pass Bailout Bill
- April 30, 2009: Lawmakers Fail To Reach Agreement On CIB Bailout
- April 26, 2009: Irsay: Colts 'Raked Over The Coals'
- April 24, 2009: Daniels: Colts, Pacers Should Take Part In CIB Bailout
- April 24, 2009: Colts Fire Back In CIB Bailout Talks
- April 21, 2009: New Bill Would Make CIB Prove It Needs Bailout Funds
- April 20, 2009: Lawmakers Offer Plan To Bail Out CIB Without Raising Taxes
- April 17, 2009: Lawmakers Call Out Colts, Pacers Over CIB Bailout
- April 14, 2009: Senate OKs Ballard CIB Bailout Plan
- April 14, 2009: Senate Gets Crack At CIB Bailout Plan
- April 14, 2009: Indy Would Contribute More Under Mayor's CIB Bailout Plan
- April 13, 2009: CIB Weighs Cuts In Face Of Huge Deficit
- April 9, 2009: $1.1M In CIB Cuts Move Forward
- April 8, 2009: Dems Call Out Ballard On CIB Crisis
- April 3, 2009: CIB President: Stadium Could Close If Deal Isn't Reached
- April 3, 2009: Colts Fans, Foes Weigh In On CIB Bailout Plan
- April 3, 2009: Panel OKs CIB Bailout; Colts Refuse To Commit Cash
- April 2, 2009: Plan Would Boost Alcohol, Food Tax To Fund CIB Bailout
- April 1, 2009: Alcohol Tax Could Double To Fund CIB Bailout
- March 26, 2009: Lawmakers Look For Cash To Bailout CIB
- March 10, 2009: Bird Hopeful Pacers, City Will Find Funds To Keep Team
- March 10, 2009: CIB Makes Cuts, Looks For Way To Keep Pacers
- March 6, 2009: CIB Wants Tax Increase To Cover Stadium Funding Shortfall
- February 10, 2009: City Details Cuts To Rescue Stadium From Red
- January 28, 2009: Lucas Oil, Conseco Draining Millions From City, Officials Say
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