Indiana § 36-9-4-49 Insufficient funds; special tax levy

Indiana Statutes

§ 36-9-4-49 — Insufficient funds; special tax levy

Indiana § 36-9-4-49

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 4Urban Mass Transportation Systems; Public

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Bluebook

Ind. Code § 36-9-4-49 (2026).

Text

(a)For each year in which it is anticipated that the total amount available to a public transportation corporation will be insufficient to defray the expenses incurred by the corporation, the board of directors of the corporation shall levy a special tax upon all the property within the taxing district of the corporation at the rate required to defray such expenses. The tax must be based upon the budget formulated and filed by the board under this chapter.

(b)The county treasurer shall collect the tax levied under this section in the same manner as other taxes are collected. As the treasurer collects the tax, the county treasurer shall remit it to the controller of the public transportation corporation. [Pre-Local Government Recodification Citation: 19-5-2-29.] As added by Acts 1981, P.L

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(a) For each year in which it is anticipated
that the total amount available to a public transportation corporation
will be insufficient to defray the expenses incurred by the corporation,
the board of directors of the corporation shall levy a special tax upon
all the property within the taxing district of the corporation at the rate
required to defray such expenses. The tax must be based upon the
budget formulated and filed by the board under this chapter.
(b) The county treasurer shall collect the tax levied under this
section in the same manner as other taxes are collected. As the
treasurer collects the tax, the county treasurer shall remit it to the
controller of the public transportation corporation.
[Pre-Local Government Recodification Citation:
19-5-2-29.]
As added by Acts 1981, P.L.309, SEC.77. Amended by
P.L.127-2017, SEC.286.