Indiana § 6-6-5.1-28 Limitation on indebtedness of political or municipal corporations;
effect

Indiana Statutes

§ 6-6-5.1-28 — Limitation on indebtedness of political or municipal corporations; effect

Indiana § 6-6-5.1-28

Art. 6MOTOR FUEL AND VEHICLE EXCISE TAXES

Ch. 5.1Excise Tax on Recreational Vehicles and Truck

This text of Indiana § 6-6-5.1-28 (Limitation on indebtedness of political or municipal corporations; effect) 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 § 6-6-5.1-28 (2026).

Text

(a)The tax imposed by this chapter is equal to an average property tax rate of two dollars ($2) on each one hundred dollars ($100) of taxable value.

(b)For purposes of limitations on indebtedness of political or municipal corporations imposed by Article 13, Section 1 of the Constitution of the State of Indiana, recreational vehicles and truck campers subject to the tax under this chapter are considered to be taxable property within each political or municipal corporation where the owner resides.

(c)The assessed valuation of recreational vehicles and truck campers subject to the tax under this chapter shall be determined by multiplying the amount of the tax by one hundred (100) and dividing the result by two dollars ($2).

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(a) The tax imposed by this chapter is equal
to an average property tax rate of two dollars ($2) on each one hundred
dollars ($100) of taxable value.
(b) For purposes of limitations on indebtedness of political or
municipal corporations imposed by Article 13, Section 1 of the
Constitution of the State of Indiana, recreational vehicles and truck
campers subject to the tax under this chapter are considered to be
taxable property within each political or municipal corporation where
the owner resides.
(c) The assessed valuation of recreational vehicles and truck
campers subject to the tax under this chapter shall be determined by
multiplying the amount of the tax by one hundred (100) and dividing
the result by two dollars ($2).