§ 6-1.1-18.5-10.4 — Levy limit on taxes imposed by township or reorganized unit that includes a township; exemption

Indiana § 6-1.1-18.5-10.4

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 18.5: Civil Government Property Tax Controls

Text

4. (a) The ad valorem property tax levy
limits imposed by section 3 of this chapter do not apply to ad valorem
property taxes imposed by a township or a fire protection district under
IC 36-8-14.
(b) For purposes of computing the ad valorem property tax levy
limit imposed on a township or a fire protection district under section
3 of this chapter, the township's or the fire protection district's ad
valorem property tax levy for a particular calendar year does not
include that part of the levy imposed under IC 36-8-14.
(c) In the case of a reorganization under IC 36-1.5 that includes a
township and another political subdivision:
(1) the ad valorem property tax levy limits imposed by section 3
of this chapter do not apply to any of the ad valorem property
taxes imposed by the reorganized political subdivision under IC 36-8-14; and
(2) for purposes of computing the ad valorem property tax levy
limit imposed on the reorganized political subdivision under
section 3 of this chapter, the reorganized political subdivision's ad
valorem property tax levy for a particular calendar year does not
include any part of the levy imposed under IC 36-8-14;
notwithstanding section 9.8 of this chapter.

Legislative History

As added by P.L.35-1990, SEC.9. Amended by P.L.36-2000, SEC.1; P.L.255-2013, SEC.1.