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2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 20.4. Local Homestead Credits
6-1.1-20.4-8. Adjustment of distributions to reflect credit
Universal Citation: IN Code § 6-1.1-20.4-8 (2018)
IC 6-1.1-20.4-8 Adjustment of distributions to reflect credit
Sec. 8. If an ordinance or resolution is adopted under this chapter, the county auditor shall, for the calendar year in which a homestead credit is authorized under this chapter, account for the revenue used to provide the homestead credit in a manner so that no other political subdivision in the county suffers a revenue loss because of the allowance of the homestead credit.
As added by P.L.246-2005, SEC.61.
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