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119-s-5599119th CongressWALLET
River Ridge Land Conveyance Act
Sponsored By: Senator Banks, Jim [R-IN]
Introduced
Summary
Conditions release of a recreational-use covenant on about 80 acres on a specific land swap and a new recreational covenant for another parcel. This bill would change how covenants tied to former Indiana Army Ammunition Plant land are released by making the release dependent on a defined sequence of conveyances between the State, the Indiana Army Ammunition Plant Reuse Authority, and a State entity.
Show full summary
- State of Indiana: The State must convey roughly 80 acres of prior park land to the Reuse Authority and would receive about 100 acres of prior industrial land back that must be restricted to recreational use. This creates a path for the State to hold the 100-acre parcel under a recreational covenant.
- Indiana Army Ammunition Plant Reuse Authority: The Reuse Authority would gain about 80 acres to manage or redevelop but must convey about 100 acres of former industrial land to the State with a recreational-use covenant.
- Local communities and redevelopment: The swap lets the original 80-acre park parcel be repurposed once the transfer conditions and the recreational covenant on the 100-acre parcel are in place, while preserving recreational space on the newly dedicated parcel.
- Federal conveyance rules: The bill keeps the existing federal framework for these land transfers but ties the Secretary's ability to release the 80-acre covenant to this specific sequence of transfers and the new covenant on the 100-acre parcel.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Park and industrial land swap
This bill would let the Secretary remove a recreation-use covenant on about 80 acres of former park land. That would happen only if the State first conveys those ~80 acres to the Indiana Army Ammunition Plant Reuse Authority. The Reuse Authority would then convey about 100 acres of former industrial-use land to the State. The 100 acres would be legally restricted by covenant to recreational purposes. The bill would not create new funding or tax changes.
Sponsors & CoSponsors
Sponsor
Banks, Jim [R-IN]
IN • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov