2017 Indiana Code
TITLE 12. Human Services
ARTICLE 20. TOWNSHIP ASSISTANCE
CHAPTER 25. Township Assistance in Distressed Townships
12-20-25-44. Distribution of local income tax; rescission of tax; termination of tax
Sec. 44. (a) This section applies after the termination of the controlled status of all townships located in a county as provided in section 41 of this chapter.
(b) If the local income tax is imposed under this chapter, the tax shall be distributed as provided in section 46 of this chapter. If the county fiscal body has not dedicated local income tax revenue for township assistance under section 41 of this chapter, the county fiscal body may rescind the tax as provided in IC 6-3.6. If the county fiscal body has dedicated local income tax revenue for township assistance under section 41 of this chapter, the county fiscal body may rescind the tax but not until after the end of the year following the termination of the controlled status of the township.
(c) If:
(1) the local income tax (IC 6-3.6) was in effect before the local income tax rate is imposed under this chapter; and
(2) the county fiscal body did not dedicate local income tax revenue for township assistance under section 41 of this chapter;
the local income tax imposed under this chapter terminates as of the date the controlled status of all townships located in the county terminates.
[Pre-1992 Revision Citation: 12-2-14-38.]
As added by P.L.2-1992, SEC.14. Amended by P.L.73-2005, SEC.142; P.L.197-2016, SEC.111.
