Indiana Code 20-46-9-5. Power; levy
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Terms Used In Indiana Code 20-46-9-5
- 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.
- fund: refers to a school safety referendum tax levy fund established by the governing body of a school corporation under IC 20-40-20-4. See Indiana Code 20-46-9-1
- 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
Sec. 5. A school corporation may impose a school safety referendum tax levy for the school corporation’s fund in the amount allowed under sections 6 through 19 of this chapter, but the amount may not exceed ten cents ($0.10) on each one hundred dollars ($100) of assessed valuation.
As added by P.L.272-2019, SEC.12.