Indiana Code 6-1.1-20-1.6. “Property taxes”
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Terms Used In Indiana Code 6-1.1-20-1.6
- debt service: means principal of and interest on bonds. See Indiana Code 6-1.1-20-1.2
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 1.6. As used in this chapter, “property taxes” means a property tax rate or levy to pay debt service or to pay lease rentals, but does not include taxes allocated for an allocation area under IC § 6-1.1-39-5, IC § 8-22-3.5-9, IC § 36-7-14-39, IC § 36-7-15.1-26, or IC § 36-7-15.1-53.
As added by P.L.25-1995, SEC.45. Amended by P.L.102-1999, SEC.1.