Sec. 13. The department of local government finance shall adjust the maximum permissible ad valorem property tax levies of the:

(1) transferor township; and

Terms Used In Indiana Code 36-1-1.5-13

(2) township to which territory is transferred under this chapter;

as the department of local government finance determines is necessary to reflect the transfer of the territory.

As added by P.L.234-2013, SEC.10.