Indiana Statutes
§ 6-3.6-10-9 — Limitations on bonds, leases, or other obligations incurred after May 9, 2025
Indiana § 6-3.6-10-9
This text of Indiana § 6-3.6-10-9 (Limitations on bonds, leases, or other obligations incurred after May 9, 2025) 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 § 6-3.6-10-9 (2026).
Text
(a)Notwithstanding any other law, for bonds,
leases, or any other obligations incurred after May 9, 2025, a county,
city, town, and any other taxing unit may not pledge for payment from
tax revenue received under this article an amount that exceeds an
amount equal to twenty-five percent (25%) of the taxing unit's certified
distribution under this article.
(b)This section expires July 1, 2027.
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Legislative History
As added by P.L.68-2025, SEC.178.
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"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-3.6-10-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3.6-10-9.