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2021 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 (2021)
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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