Indiana § 6-1.1-41-13 Property tax levy

Indiana Statutes

§ 6-1.1-41-13 — Property tax levy

Indiana·Art. 1.1 PROPERTY TAXES·Ch. 41 Cumulative Fund Tax Levy Procedures

(a)After a political subdivision complies with this chapter, a property tax may be levied annually at the tax rate adopted by the political subdivision and certified by the department of local government finance under this chapter without further action under this chapter. The tax levy must be advertised annually as other tax levies are advertised.

(b)If a political subdivision whose tax rate for a cumulative fund governed by this chapter is certified by the department of local government finance under IC 6-1.1-17-16 in an amount less than the political subdivision initially adopted for the cumulative fund under section 3 of this chapter and the political subdivision wishes to impose a greater tax rate for the cumulative fund in a subsequent year, the political subdivision must reestabli

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(a) After a political subdivision complies
with this chapter, a property tax may be levied annually at the tax rate
adopted by the political subdivision and certified by the department of
local government finance under this chapter without further action
under this chapter. The tax levy must be advertised annually as other
tax levies are advertised.
(b) If a political subdivision whose tax rate for a cumulative fund
governed by this chapter is certified by the department of local
government finance under IC 6-1.1-17-16 in an amount less than the
political subdivision initially adopted for the cumulative fund under
section 3 of this chapter and the political subdivision wishes to impose
a greater tax rate for the cumulative fund in a subsequent year, the
political subdivision must reestablish the cumulative fund as provided
in this chapter.

Indiana § 6-1.1-41-13 (Property tax levy) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.