§ 6-1.1-41-4 — Submission of proposal to department of local government finance; certification

Indiana § 6-1.1-41-4

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

Text

(a) A political subdivision that in any year
adopts a proposal under this chapter must submit the proposal to the
department of local government finance:
(1) before August 2 of that year, for years before 2018; and
(2) before June 1 of that year, for years after 2017.
(b) Subject to subsections (c) and (d), the department of local
government finance shall certify to the political subdivision that the
proposal has a property tax rate that does not exceed the maximum
property tax rate allowed by the applicable statute described in section
1 of this chapter. If the proposal has a property tax rate that exceeds the
maximum property tax rate allowed by the applicable statute described
in section 1 of this chapter, the department of local government finance
shall certify the proposal at a rate equal to the maximum property tax
rate allowed by the applicable statute under section 1 of this chapter.
(c) The department of local government finance may not decline to
certify a proposal under subsection (b) unless the political subdivision
fails to submit the proposal before the date described in subsection (a).
(d) If a petition is filed pursuant to section 6 of this chapter, the
department of local government finance may not certify a proposal
under subsection (b) until:
(1) a hearing has been conducted under section 7 of this chapter;
and
(2) a final determination has been made on the petition under
section 9 of this chapter.
If section 9 of this chapter applies, the department of local government
finance may decline to certify the proposal.

Legislative History

As added by P.L.17-1995, SEC.6. Amended by P.L.90-2002, SEC.275; P.L.184-2016, SEC.21; P.L.38-2021, SEC.40.