Sec. 13. The department of local government finance shall adjust the maximum permissible ad valorem property tax levies of the:
(1) transferor township; and
(2) township to which territory is transferred under this chapter;
as the department of local government finance determines is necessary to reflect the transfer of the territory.
As added by P.L.234-2013, SEC.10.
Structure Indiana Code
Chapter 1.5. Transfer of Municipal Territory to an Adjacent Township
36-1-1.5-1. Application of Chapter
36-1-1.5-2. "Eligible Municipality"
36-1-1.5-3. "Township Assistance Property Tax Rate"
36-1-1.5-4. "Transferor Township"
36-1-1.5-5. Other Reorganizations or Alterations Not Prohibited
36-1-1.5-6. Transfer of Territory of Eligible Municipality
36-1-1.5-7. Petition Requesting Public Question; Requirements
36-1-1.5-10. Transfer of Territory Not Authorized if Public Question Not Approved
36-1-1.5-11. Transfer of Territory
36-1-1.5-12. Outstanding Indebtedness