2017 Indiana Code
TITLE 20. Education
ARTICLE 46. LEVIES OTHER THAN GENERAL FUND LEVIES
CHAPTER 6. Capital Projects Levy
20-46-6-5. Governing body may impose property tax rate; amount; advertisement

Universal Citation: IN Code § 20-46-6-5 (2017)
IC 20-46-6-5 Governing body may impose property tax rate; amount; advertisement

     Note: This version of section effective until 1-1-2019. See also following repeal of this chapter, effective 1-1-2019.

     Sec. 5. Subject to IC 6-1.1-18-12 and IC 6-1.1-18.5-9.9 (before its repeal), to provide for the fund, the governing body may, for each year in which a plan is in effect, impose a property tax rate that does not exceed forty-one and sixty-seven hundredths cents ($0.4167) on each one hundred dollars ($100) of assessed valuation of the school corporation. The actual rate imposed by the governing body must be advertised in the same manner as other property tax rates.

[Pre-2006 Recodification Citation: 21-2-15-11(a).]

As added by P.L.2-2006, SEC.169. Amended by P.L.154-2006, SEC.69; P.L.137-2012, SEC.114.

 

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.