Sec. 26. (a) This section applies only to Taylor Township in Greene County.
(b) The executive of the township may, upon approval by the township fiscal body, submit a petition to the department of local government finance for:
(1) an increase in the township's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 for property taxes first due and payable in 2020; and
(2) an increase in the township's maximum permissible ad valorem property tax levy under IC 36-8-13 (for the township's fire protection and emergency services) for property taxes first due and payable in 2020.
(c) If the township submits a petition as provided in subsection (b) before August 1, 2019, the department of local government finance shall:
(1) increase the township's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 for property taxes first due and payable in 2020 to twenty-nine thousand dollars ($29,000); and
(2) increase the township's maximum permissible ad valorem property tax levy under IC 36-8-13 (for the township's fire protection and emergency services) for property taxes first due and payable in 2020 to thirty-four thousand dollars ($34,000).
(d) The township's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 for property taxes first due and payable in 2020, as adjusted under this section, shall be used in the determination of the township's maximum permissible ad valorem property tax levy under IC 6-1.1-18.5 for property taxes first due and payable in 2021 and thereafter.
(e) The township's maximum permissible ad valorem property tax levy under IC 36-8-13 (for the township's fire protection and emergency services) for property taxes first due and payable in 2020, as adjusted under this section, shall be used in the determination of the township's maximum permissible ad valorem property tax levy under IC 36-8-13 (for the township's fire protection and emergency services) for property taxes first due and payable in 2021 and thereafter.
(f) This section expires June 30, 2024.
As added by P.L.257-2019, SEC.51.
Structure Indiana Code
Chapter 18. Limitations on Property Tax Rates and Appropriations
6-1.1-18-1. Budget, Tax Rate, and Tax Levy; Exceeding Amount Published
6-1.1-18-2. Maximum State Tax Rate
6-1.1-18-3. Maximum Political Subdivision Tax Rate
6-1.1-18-4. Appropriations Not to Exceed Budget
6-1.1-18-6. Transfer of Money From One Budget Classification to Another
6-1.1-18-6.5. Volunteer Firefighting Purposes; Expenditures
6-1.1-18-7. Insurance Funds; Appropriations
6-1.1-18-7.5. Appropriation of State and Federal Grant Funds
6-1.1-18-8. Expenditure of State Funds by Political Subdivisions; Conditions
6-1.1-18-10. Excessive Appropriations; Liability of Officers; Action for Recovery
6-1.1-18-11. Conflicting Provisions
6-1.1-18-12. Adjustment of Maximum Tax Rates After Reassessment or Annual Adjustment
6-1.1-18-25. Highland Township in Greene County; Maximum Levies
6-1.1-18-26. Taylor Township in Greene County; Maximum Levies
6-1.1-18-30. Sullivan County; Maximum Levies
6-1.1-18-31. Wabash City School Corporation; Maximum Levies