Indiana § 6-1.1-18.5-9.8 Exemption from levy limits of certain cumulative fund taxes; estimate
by the department of local government finance

Indiana Statutes

§ 6-1.1-18.5-9.8 — Exemption from levy limits of certain cumulative fund taxes; estimate by the department of local government finance

Indiana § 6-1.1-18.5-9.8

Art. 1.1PROPERTY TAXES

Ch. 18.5Civil Government Property Tax Controls

This text of Indiana § 6-1.1-18.5-9.8 (Exemption from levy limits of certain cumulative fund taxes; estimate by the 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 § 6-1.1-18.5-9.8 (2026).

Text

8.

(a)For purposes of determining the property tax levy limit imposed on a city, town, or county under section 3 of this chapter, the city, town, or county's ad valorem property tax levy for a particular calendar year does not include an amount equal to the amount of ad valorem property taxes that would be first due and payable to the city, town, or county during the ensuing calendar year if the taxing unit imposed the maximum permissible property tax rate per one hundred dollars ($100) of assessed valuation that the civil taxing unit may impose for the particular calendar year under the authority of IC 36-9-14.5 (in the case of a county) or IC 36-9-15.5 (in the case of a city or town).

(b)Before July 15 of each year, the department of local government finance shall provide to each count

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8. (a) For purposes of determining the
property tax levy limit imposed on a city, town, or county under section
3 of this chapter, the city, town, or county's ad valorem property tax
levy for a particular calendar year does not include an amount equal to
the amount of ad valorem property taxes that would be first due and
payable to the city, town, or county during the ensuing calendar year if
the taxing unit imposed the maximum permissible property tax rate per
one hundred dollars ($100) of assessed valuation that the civil taxing
unit may impose for the particular calendar year under the authority of
IC 36-9-14.5 (in the case of a county) or IC 36-9-15.5 (in the case of a
city or town).
(b) Before July 15 of each year, the department of local government
finance shall provide to each county, city, and town an estimate of the
maximum permissible property tax rate per one hundred dollars ($100)
of assessed valuation that the county, city, or town may impose for the
ensuing year under IC 36-9-14.5 (in the case of a county) or IC 36-9-15.5 (in the case of a city or town).

Legislative History

As added by P.L.44-1984, SEC.3. Amended by P.L.5-1986, SEC.13; P.L.2-1993, SEC.55; P.L.1-1995, SEC.46; P.L.17-1995, SEC.5; P.L.25-1995, SEC.30; P.L.90-2002, SEC.165; P.L.219-2007, SEC.55; P.L.172-2011, SEC.38; P.L.112-2012, SEC.36; P.L.137-2012, SEC.33; P.L.13-2013, SEC.15; P.L.184-2016, SEC.15.