Indiana Statutes

§ 6-1.1-22.1-7 — Requirement to repay loans

Indiana § 6-1.1-22.1-7
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 22.1Loans to Qualified Taxing Units in Lake County

This text of Indiana § 6-1.1-22.1-7 (Requirement to repay loans) 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 § 6-1.1-22.1-7 (2026).

Text

If a qualified taxing unit receives a loan under this chapter, the qualified taxing unit must repay the loan within twenty-five (25) years after the date on which the loan is made. No penalty may be imposed for repaying a loan under this chapter before the term of the loan expires.

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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Repealed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 § 6-1.1-22.1-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-22.1-7.