Sec. 12. (a) This section applies to taxes first due and payable in 2012 or a subsequent year. (b) The county auditor shall distribute proceeds collected from an allocation area (as defined in IC 6-1.1-21.2-3 ) that are attributable to property taxes imposed after being approved by the voters in a referendum conducted after April 30, 2010, to the taxing unit for which the referendum was conducted. (c) The amount to be distributed under subsection (b) shall be treated as part of the referendum levy for purposes of setting tax rates for property taxes imposed after being approved by the voters in a referendum conducted after April 30, 2010. (d) For a school corporation that conducted a referendum after November 1, 2009, and before May 1, 2010, for distributions after 2013, the county auditor shall distribute proceeds collected from an allocation area (as defined in IC 6-1.1-21.2-3 ) that are attributable to property taxes imposed after being approved by the voters in the referendum, to the school corporation for which the referendum was conducted. The amount to be distributed to the school corporation shall be treated as part of the referendum levy for purposes of setting the school corporation's tax rates. IC 6-1.1-20.1 Chapter 20.1. Repealed IC 6-1.1-20.2 Chapter 20.2. Rainy Day Fund Loans to Certain Counties 6-1.1-20.2-1 "Board" 6-1.1-20.2-2 "Eligible county" 6-1.1-20.2-3 Eligible county may apply to board for loan 6-1.1-20.2-4 Board determines terms of any loan after review by budget committee 6-1.1-20.2-5 Interest on loan 6-1.1-20.2-6 Term of loan repayment; penalty 6-1.1-20.2-7 Disbursement of loan proceeds by board 6-1.1-20.2-8 Repayment of loan by eligible county from any revenue sources 6-1.1-20.2-9 Obligation to repay loan not basis to obtain excessive tax levy 6-1.1-20.2-10 Deposit by board of loan payments 6-1.1-20.2-11 Loan proceeds received not considered part of levy excess 6-1.1-20.2-12 Chapter constitutes complete authority for loans 6-1.1-20.2-13 Treasurer of state payment of delinquent loan payments from eligible county funds held by state 6-1.1-20.2-14 Restriction on use of loans
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