Sec. 1. The county council of Knox County may fix and establish annually the rate of a special tax levy to be imposed on the taxable property of Knox County, for the support of Vincennes University. This levy may not exceed in any year, three cents ($0.03) on each one hundred dollars ($100) of the taxable property in Knox County. All revenue accruing from any tax levy imposed under this section shall be paid:

(1) into the county treasury as a separate and distinct fund; and

Terms Used In Indiana Code 36-1-19-1

  • Fiduciary: A trustee, executor, or administrator.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) to the proper fiduciary officer of Vincennes University on warrant of the county auditor.

[Pre-2007 Higher Education Recodification Citation: 23-13-17-1.]

As added by P.L.2-2007, SEC.382.