Sec. 48. (a) A cumulative transportation fund to provide money for the acquisition of buses and for the planning, establishment, and maintenance of routes and schedules to assist in implementing this chapter may be established under IC 6-1.1-41 by:
(1) the legislative body of a municipality that:
(A) is making grants to an urban mass transportation system; or
(B) has purchased buses for operation under lease by an urban mass transportation system; or
(2) the board of directors of a public transportation corporation.
(b) In addition to other notices required under IC 6-1.1-41, notices of hearings under IC 6-1.1-41 must be given to the following:
(1) the municipal executive, for a tax levy by a municipality; and
(2) the chair of the board of directors, for a tax levy by a public transportation corporation.
(c) A tax levy to finance the cumulative transportation fund may be levied in compliance with IC 6-1.1-41. The tax levied under this section may not exceed six and sixty-seven hundredths cents ($0.0667) on each one hundred dollars ($100) of taxable property within the corporate boundaries of the municipality or the taxing district of the public transportation corporation, as the case may be.
[Pre-Local Government Recodification Citations: 19-5-2-30.4; 19-5-2-30.5; 19-5-2-30.6.]
As added by Acts 1981, P.L.309, SEC.77. Amended by Acts 1981, P.L.45, SEC.40; P.L.17-1995, SEC.24; P.L.6-1997, SEC.216; P.L.127-2017, SEC.285.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 4. Urban Mass Transportation Systems; Public Transportation Corporation
36-9-4-1. Application of Chapter
36-9-4-2. "Management" Defined
36-9-4-3. Declaration of Public Purpose
36-9-4-4. Existing Systems; Application for Assistance From Municipalities
36-9-4-5. Financial Assistance From Municipality; Necessary Findings; Types of Assistance
36-9-4-6. Grants to Systems by Municipalities; Contracts
36-9-4-7. Purchase of Property From System by Municipality; Contracts and Leases; Appraisals
36-9-4-9. Public Acquisition of Systems; Application to Municipality; Studies
36-9-4-11. Establishment of Systems by Municipalities
36-9-4-12. Public Transportation Corporation; Name
36-9-4-14. Public Transportation Corporation; Management by Board of Directors
36-9-4-15. Cities; Public Transportation Corporations; Board of Directors; Membership
36-9-4-16. Towns; Public Transportation Corporations; Board of Directors; Membership
36-9-4-17. Directors; Membership in Political Parties
36-9-4-18. Board of Directors; Vacancies
36-9-4-19. Impeachment of Directors
36-9-4-20. Compensation of Directors
36-9-4-21. Board of Directors; Officers
36-9-4-22. Meetings of Board of Directors
36-9-4-23. Board of Directors; Quorum; Approval of Actions; Records; Management of Internal Affairs
36-9-4-24. Introduction of Proposed Ordinances; Public Notice
36-9-4-25. Adoption of Ordinances; Procedure
36-9-4-26. Printing and Distribution of Ordinances
36-9-4-28. Purchase of Property From System by Corporation
36-9-4-29.4. Expansion of Services Outside Operational Boundaries
36-9-4-30. Board of Directors; Power to Acquire, Hold, and Dispose of Property
36-9-4-31. Board of Directors; Seal
36-9-4-32. Eminent Domain; Procedure
36-9-4-33. Board of Directors; Power to Contract
36-9-4-36. Board of Directors; Power to Sue; Service of Process
36-9-4-37. Board of Directors; Employees; Collective Bargaining Agreements
36-9-4-38. Surveys and Studies
36-9-4-39. "Demand-Responsive" or "Dial-a-Ride" System
36-9-4-40. Board of Directors; Power to Fulfill Purposes of Corporation
36-9-4-41. Acquisition of Systems by Corporation; Protection of Employees
36-9-4-43. Issuance of Bonds by Municipality; Procedure
36-9-4-44. Issuance of Bonds by Corporation; Procedure
36-9-4-45. Bonds; Terms; Tax Exemption; Procedure
36-9-4-46. Bonds; Special Tax Levy
36-9-4-47. Tax Anticipation Warrants
36-9-4-48. Cumulative Transportation Fund; Establishment; Notice; Tax Levy
36-9-4-49. Insufficient Funds; Special Tax Levy
36-9-4-50. Federal or State Aid
36-9-4-51. Review of Annual Budget and Tax Levies
36-9-4-52. Property Tax Exemption
36-9-4-53. Books, Records, and Accounts
36-9-4-54. Transportation of School Pupils; Contracts
36-9-4-55. Interlocal Cooperation Agreements; Authorization
36-9-4-57. Improvement Reserve Fund
36-9-4-58. Regulation of Department of State Revenue; Fares; Operating Expenses