Indiana § 6-1.1-17-16.5 Cumulative building or sinking fund proposal; action by department of
local government finance

Indiana Statutes

§ 6-1.1-17-16.5 — Cumulative building or sinking fund proposal; action by department of local government finance

Indiana § 6-1.1-17-16.5

Art. 1.1PROPERTY TAXES

Ch. 17Procedures for Fixing and Reviewing Budgets, Tax

This text of Indiana § 6-1.1-17-16.5 (Cumulative building or sinking fund proposal; action by department of local government finance) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-1.1-17-16.5 (2026).

Text

5. This section applies in each case in which the department of local government finance has the power to approve or disapprove the tax levy for a cumulative building or sinking fund proposed to be established by a political subdivision. The department may:

(1)approve the tax levy;

(2)disapprove the tax levy; or

(3)modify the tax levy by approving it at any amount less than the tax levy proposed to be established. [Pre-Local Government Recodification Citation: 18-6-16-1.] As added by Acts 1981, P.L.11, SEC.23. Amended by P.L.90-2002, SEC.157.

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5. This section applies in each case in
which the department of local government finance has the power to
approve or disapprove the tax levy for a cumulative building or sinking
fund proposed to be established by a political subdivision. The
department may:
(1) approve the tax levy;
(2) disapprove the tax levy; or
(3) modify the tax levy by approving it at any amount less than the
tax levy proposed to be established.
[Pre-Local Government Recodification Citation:
18-6-16-1.]
As added by Acts 1981, P.L.11, SEC.23. Amended by
P.L.90-2002, SEC.157.