2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 18. Limitations on Property Tax Rates and Appropriations
6-1.1-18-23. Cain Township in Fountain County; maximum levies

     Sec. 23. (a) This section applies to Cain Township in Fountain County.

     (b) The executive of the township may, upon approval by the township fiscal body, submit a petition to the department of local government finance for an increase in the maximum permissible ad valorem property tax levy under:

(1) IC 6-1.1-18.5 (for the township's funds that are not used for township fire protection and emergency services); and

(2) IC 36-8-13 (for the township's fire protection and emergency services);

for property taxes first due and payable in 2017.

     (c) The department of local government finance shall increase the maximum permissible ad valorem property tax levies specified in subsection (b) for a township that submits a petition under this section by the lesser of:

(1) the amount of the increase for each levy that is requested in the petition; or

(2) the amount necessary to increase each of these levies for 2017 to the amount that each of these levies would be for 2017 if the department had used for each of these levies the maximum permissible levy instead of the certified levy when computing the township's maximum levy amount for 2004 for each of these levies.

     (d) A township's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 and IC 36-8-13 for property taxes first due and payable in 2017, as adjusted under this section, shall be used in the determination of the township's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 and IC 36-8-13 for property taxes first due and payable in 2018 and thereafter.

     (e) This section expires June 30, 2019.

As added by P.L.180-2016, SEC.10.