Indiana § 16-22-14-4 Property tax rate limitation

Indiana Statutes

§ 16-22-14-4 — Property tax rate limitation

Indiana·Title 16 HEALTH·Art. 22 COUNTY HOSPITALS·Ch. 14 Levy for Emergency Medical Services

The property tax rate imposed under this chapter may not exceed the lesser of the following:

(1)Six cents ($0.06) on each one hundred dollars ($100) of assessed valuation.

(2)The property tax rate that is necessary to generate tax revenues in an amount equal to the county hospital's qualified expenses in the ensuing year, as estimated in the governing body's budget request under section 2 of this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

The property tax rate imposed under this
chapter may not exceed the lesser of the following:
(1) Six cents ($0.06) on each one hundred dollars ($100) of
assessed valuation.
(2) The property tax rate that is necessary to generate tax revenues
in an amount equal to the county hospital's qualified expenses in
the ensuing year, as estimated in the governing body's budget
request under section 2 of this chapter.

Indiana § 16-22-14-4 (Property tax rate limitation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.