§ 36-1-19-2 — Payment by county; payment by state

At the time the county auditor of Knox County
makes the county auditor's regular semiannual settlement with the
proper fiduciary officer of Vincennes University for the proceeds of the
special tax levy that may be then due Vincennes University under this
chapter, the county auditor shall also forward to the state comptroller
a certificate showing:
(1) the total valuation of the taxable property of Knox County;
(2) the special tax rate established by the county council for the
support of Vincennes University for the current year; and
(3) the total amount paid on behalf of Knox County as public aid
to Vincennes University at the semiannual settlement.
Semiannually upon receipt of the certificate, the state comptroller shall
promptly draw and forward to Vincennes University a warrant on the
treasurer of state in double the amount shown by the certificate of the
Knox County auditor to have been paid as public aid to Vincennes
University at the semiannual settlement. The warrant must be charged
to and paid out of the state general fund.
[Pre-2007 Higher Education Recodification Citation:
23-13-17-2.]

Legislative History

As added by P.L.2-2007, SEC.382. Amended by P.L.9-2024, SEC.543.