Indiana Code 4-6-12-10. Annual report to legislative council

Sec. 10. (a) Beginning in 2008, the unit shall, after June 30 and before November 1 of each year, report to the legislative council on the following:

(1) The unit’s budget for the most recent state fiscal year.

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Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
unit: refers to the homeowner protection unit established under this chapter. See Indiana Code 4-6-12-1
Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5

(2) The unit’s actual income and expenses during the most recent state fiscal year.

(3) The projected budget required by the unit to carry out its duties under this chapter during the current state fiscal year.

(4) The unit’s staffing during the most recent fiscal year, including information on:

(A) the number of employees employed by the unit and a description of their responsibilities; and

(B) any vacant positions.

(5) The unit’s projected staffing needs during the current state fiscal year.

(6) The number and types of complaints received by the unit, including a description of:

(A) the number of complaints resolved; and

(B) the number of complaints outstanding.

(7) Any recommendations for legislation needed to address mortgage lending or deceptive acts in connection with mortgage lending.

(b) A report to the legislative council under this section must be in an electronic format under IC 5-14-6.

As added by P.L.230-2007, SEC.2.