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2018 Indiana Code
TITLE 6. Taxation
ARTICLE 3.6. LOCAL INCOME TAXES
CHAPTER 6. Expenditure Rate
6-3.6-6-2.7. Tax rate for correctional and rehabilitation facilities; adoption of ordinance by county fiscal body; distribution of revenue
Universal Citation: IN Code § 6-3.6-6-2.7 (2018)
IC 6-3.6-6-2.7 Tax rate for correctional and rehabilitation facilities; adoption of ordinance by county fiscal body; distribution of revenue
Sec. 2.7. (a) A county fiscal body may adopt an ordinance to impose a tax rate for correctional facilities and rehabilitation facilities in the county. The tax rate must be in increments of one-hundredth of one percent (0.01%) and may not exceed two-tenths of one percent (0.2%). The tax rate may not be in effect for more than twenty (20) years.
(b) The revenue generated by a tax rate imposed under this section must be distributed directly to the county before the remainder of the expenditure rate revenue is distributed. The revenue shall be maintained in a separate dedicated county fund and used by the county only for paying for correctional facilities and rehabilitation facilities in the county.
As added by P.L.184-2018, SEC.2.
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