Indiana Code 6-1.1-20.4-9. Limitations on recovering lost revenue
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Terms Used In Indiana Code 6-1.1-20.4-9
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 9. The application of the credit under this chapter results in a reduction of the property tax collections of the political subdivision which provided the credit. A political subdivision may not increase its property tax levy to make up for that reduction.
As added by P.L.246-2005, SEC.61.