2018 Indiana Code
TITLE 6. Taxation
ARTICLE 3.6. LOCAL INCOME TAXES
CHAPTER 5. Property Tax Relief Rates
6-3.6-5-2. Treatment of tax as property taxes; credit may not reduce levy limit or approved rate
Sec. 2. A tax imposed under this chapter shall be treated as property taxes for all purposes. However, the department of local government finance may not reduce:
(1) any taxing unit's maximum permissible property tax levy limit under IC 6-1.1-18.5; or
(2) the approved property tax levy or rate for any fund;
by the amount of any credits granted under this chapter.
As added by P.L.243-2015, SEC.10.