§ 6-3.6-7-27 — Delaware County; Hamilton County; Hancock County; Johnson County; Madison County; Marion County; additional rate for public transportation projects

Indiana § 6-3.6-7-27

• Jurisdiction: Indiana
• Art. 3.6: LOCAL INCOME TAXES
• Ch. 7: Special Purpose Rates

Text

(a) This section applies only to an eligible
county, as defined in IC 8-25-1-4.
(b) If the voters of the county approve a local public question under
IC 8-25-2, the fiscal body of the county may adopt an ordinance to
provide for the use of local income tax revenues attributable to an
additional tax rate imposed under IC 6-3.6-6 to fund a public
transportation project under IC 8-25. However, a county fiscal body
shall adopt an ordinance under this subsection if required by IC 8-25-6-10 to impose an additional tax rate on the county taxpayers (as
defined in IC 8-24-1-10) who reside in a township in which the voters
approve a public transportation project in a local public question held
under IC 8-25-6. An ordinance adopted under this subsection must
specify an additional tax rate to be imposed in the county (or township
in the case of an additional rate required by IC 8-25-6-10) of at least
one-tenth percent (0.1%), but not more than twenty-five hundredths
percent (0.25%). If an ordinance is adopted under this subsection, the
amount of the certified distribution attributable to the additional tax
rate imposed under this subsection must be:
(1) retained by the county auditor;
(2) deposited in the county public transportation project fund
established under IC 8-25-3-7; and
(3) used for the purpose provided in this subsection instead of as
a property tax replacement distribution.
(c) The tax rate under this section plus the tax rate under IC 6-3.6-6
may not exceed the tax rate specified in IC 6-3.6-6-2.

Legislative History

As added by P.L.243-2015, SEC.10. Amended by P.L.197-2016, SEC.63.