2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 21.1. Rainy Day Fund Loans to the City of LaPorte
6-1.1-21.1-6. Limit on amount of loan

Universal Citation: IN Code § 6-1.1-21.1-6 (2018)
IC 6-1.1-21.1-6 Limit on amount of loan

     Sec. 6. The total amount of all loans under this chapter for all calendar years may not exceed the amount of revenue that the board determines has not been collected by the city of LaPorte from property taxes in 2008 and 2009 on the date of the loan.

As added by P.L.182-2009(ss), SEC.153.

 

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