Indiana Code 20-45-9-4. Tax rate
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 20-45-9-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- qualified school corporation: means a school corporation that has under its jurisdiction any territory located in Dearborn County. See Indiana Code 20-45-9-2
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 4. Each calendar year, the governing body of a qualified school corporation may impose the property tax rate on each one hundred dollars ($100) of assessed valuation of the qualified school corporation that is necessary to generate the qualified school corporation’s property tax levy for the calendar year.
As added by P.L.236-2023, SEC.153.