2019 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

Universal Citation: IN Code § 6-3.6-5-2 (2019)
IC 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.

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