Indiana Statutes

§ 6-1.1-22.1-12 — Loan proceeds; not considered part of ad valorem property tax levy actually collected

Indiana § 6-1.1-22.1-12
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 22.1Loans to Qualified Taxing Units in Lake County

This text of Indiana § 6-1.1-22.1-12 (Loan proceeds; not considered part of ad valorem property tax levy actually collected) 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 § 6-1.1-22.1-12 (2026).

Text

The proceeds of a loan under this chapter received by an eligible taxing unit are not considered to be part of the ad valorem property tax levy actually collected by the qualified taxing unit for taxes first due and payable during a particular calendar year for the purpose of calculating levy excess.

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Legislative History

As added by P.L.236-2023, SEC.43.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-1.1-22.1-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-22.1-12.