Indiana Code 20-45-8-29. Expiration of chapter
Current as of: 2023 | Check for updates
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Sec. 29. (a) This chapter expires on the later of:
(2) the date on which all bonds or lease agreements outstanding on July 1, 2023, for which a pledge of tax revenue is made under this chapter are completely paid.
(1) January 1, 2045; or
Terms Used In Indiana Code 20-45-8-29
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- tax: means the county supplemental school financing property tax to be levied by the board of county commissioners of a qualifying county under this chapter. See Indiana Code 20-45-8-12
(b) Not later than December 31, 2023, the fiscal officer of the county shall provide to the department of local government finance:
(1) a list of each bond or lease agreement outstanding on July 1, 2023, for which a pledge of tax revenue is made under this chapter; and
(2) the date on which each bond or lease agreement identified
in subdivision (1) will be completely paid.
The department of local government finance shall publish the information received under this subsection on the department’s interactive and searchable website containing local government information (the Indiana gateway for governmental units).
As added by P.L.236-2023, SEC.152.