§ 12-20-21-3 — Tax levy; retention of funds; reversion

Indiana § 12-20-21-3

• Jurisdiction: Indiana
• Art. 20: TOWNSHIP ASSISTANCE
• Ch. 21: Financing of Township Assistance

Text

(a) Except as provided in section 3.2 of this
chapter, a township trustee and township board may levy a specific tax
for the purpose of providing money for the payment of township
assistance expenses in the following year. The tax may be sufficient to
meet the entire requirement of the township in the following year or the
part that is determined to be proper.
(b) Except as provided in section 3.2 of this chapter, if a tax levy is
established under subsection (a), all proceeds derived from the tax levy
shall be distributed to the township at the same time and in the same
manner as proceeds from other property tax levies are distributed to the
township. The proceeds of the tax levy shall be held by the township in
its township assistance account free and available for the payment of
township assistance obligations of the township. The funds are
continuing funds and do not revert to any other fund at the end of the
year.
[Pre-1992 Revision Citation: 12-2-1-32.]

Legislative History

As added by P.L.2-1992, SEC.14. Amended by P.L.145-1993, SEC.4; P.L.101-2000, SEC.3; P.L.73-2005, SEC.95; P.L.234-2013, SEC.8.