Indiana Code 6-1.1-18.5-13.7. Adjustment of certain maximum levies
Current as of: 2023 | Check for updates
|
Other versions
Sec. 13.7. (a) Notwithstanding any other provision of this chapter, Fairfield Township in Tippecanoe County may request that the department of local government finance make an adjustment to the township’s maximum permissible property tax levy.
(c) For a township that made a request for an adjustment in an amount not exceeding the limit prescribed by subsection (b), the department of local government finance shall make the adjustment a permanent adjustment to the township’s maximum permissible ad valorem property tax levy.
(b) The amount of the requested adjustment may not exceed one hundred thirty thousand dollars ($130,000) for each year.
Terms Used In Indiana Code 6-1.1-18.5-13.7
- 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
As added by P.L.172-2011, SEC.40. Amended by P.L.166-2014, SEC.3.