§ 6-1.1-41-13 — Property tax levy

Indiana § 6-1.1-41-13

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 41: Cumulative Fund Tax Levy Procedures

Text

(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.

Legislative History

As added by P.L.17-1995, SEC.6. Amended by P.L.255-2017, SEC.22; P.L.38-2021, SEC.44.