Sec. 20. (a) If a referendum is approved by the voters in a school corporation under this chapter in a calendar year, another referendum may not be placed on the ballot in the school corporation under this chapter in the following calendar year.

     (b) Notwithstanding any other provision of this chapter and in addition to the restriction specified in subsection (a), if a school corporation imposes in a calendar year a referendum levy approved in a referendum under this chapter, the school corporation may not simultaneously impose in that calendar year more than one (1) additional referendum levy approved in a subsequent referendum under this chapter.

As added by P.L.272-2019, SEC.12.

Terms Used In Indiana Code 20-46-9-20

  • 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.
  • levy: refers to the property tax levy imposed under this chapter. See Indiana Code 20-46-9-2
  • referendum: refers to a referendum under this chapter. See Indiana Code 20-46-9-3
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
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