Provides that a conveyance to the state is excepted from the definition of a "conveyance document" requiring a sales disclosure form. Amends the annual reporting requirements for the Indiana department of transportation. Requires a unit to hold a public hearing before agreeing with a railroad to the closure of a public railroad crossing within the unit's jurisdiction. Allows evidence of a failure to comply with passenger restraint system statutes to be admitted in a civil action as to mitigation of damages for a plaintiff who is at least 15 years of age or older. Provides that an engineering and traffic investigation is not required to decrease the speed limit to 20 miles per hour on a highway with a functional classification of minor collector or local road in an urban district.