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2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 20.4. Local Homestead Credits
6-1.1-20.4-9. Limitations on recovering lost revenue
Universal Citation: IN Code § 6-1.1-20.4-9 (2018)
IC 6-1.1-20.4-9 Limitations on recovering lost revenue
Sec. 9. The application of the credit under this chapter results in a reduction of the property tax collections of the political subdivision which provided the credit. A political subdivision may not increase its property tax levy to make up for that reduction.
As added by P.L.246-2005, SEC.61.
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