Indiana Code 20-46-7-6. Levy; advance from state
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Terms Used In Indiana Code 20-46-7-6
- fund: refers to the debt service fund. See Indiana Code 20-46-7-1
- levy: refers to a levy imposed under this chapter. See Indiana Code 20-46-7-2
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 6. An amount equal to deductions made or to be made in the current year for the payment of principal and interest on an advancement from any state fund (including the common school fund and the veterans memorial school construction fund) may be included in a levy and appropriated and paid to the operations fund.
[Pre-2006 Recodification Citation: 21-2-4-5 part.]
As added by P.L.2-2006, SEC.169. Amended by P.L.238-2019, SEC.19.