Indiana Code § 6-1.1-20.4-9

Limitations on recovering lost revenue
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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.   IC 6-1.1-20.5 Chapter 20.5. Repealed   IC 6-1.1-20.6 Chapter 20.6. Credit for Excessive Property Taxes               6-1.1-20.6-0.3 General assembly findings             6-1.1-20.6-0.5 "Agricultural land"             6-1.1-20.6-1 Repealed             6-1.1-20.6-1.2 "Common areas"             6-1.1-20.6-1.6 "Gross assessed value"             6-1.1-20.6-2 "Homestead"             6-1.1-20.6-2.3 "Long term care property"             6-1.1-20.6-2.4 "Manufactured home"; "mobile home"             6-1.1-20.6-2.5 "Nonresidential real property"             6-1.1-20.6-3 "Property tax liability"             6-1.1-20.6-3.5 Repealed             6-1.1-20.6-4 "Residential property"             6-1.1-20.6-5 Repealed             6-1.1-20.6-6 Repealed             6-1.1-20.6-6.5 Repealed             6-1.1-20.6-7 Calculation of credit             6-1.1-20.6-7.5 Calculation of credit             6-1.1-20.6-7.7 Supplemental homestead credit             6-1.1-20.6-8 Exemption from filing requirement             6-1.1-20.6-8.5 Additional credit for certain homesteads; eligibility and filing requirements; cost of living adjustment             6-1.1-20.6-9 Repealed             6-1.1-20.6-9.5 Effect of credit on revenues             6-1.1-20.6-9.8 Allocation of taxes exempted from credit             6-1.1-20.6-9.9 Allocation of credits by eligible school corporations             6-1.1-20.6-10 Payment of debt service obligations             6-1.1-20.6-11 Report; effect of circuit breaker on taxing unit revenues             6-1.1-20.6-11.1 Department of local government finance estimates of reduction of property taxes by credits; information to be provided by taxing units             6-1.1-20.6-12 Application of credit of excise tax distribution calculations             6-1.1-20.6-13 Allocation of credits by distressed political subdivisions

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