Section 36-1-1.5-2 - "Eligible municipality"As used in this chapter, "eligible municipality" means a municipality that:
(1) includes any territory located in a township for which the township assistance property tax rate for property taxes first due and payable in any year after 2014 and before 2024 is more than:(A) the statewide average township assistance property tax rate for property taxes first due and payable in the preceding year (as determined by the department of local government finance); multiplied by(2) is adjacent to one (1) or more townships other than the township described in subdivision (1).Amended by P.L. 143-2020,SEC. 1, eff. 3/21/2020.Amended by P.L. 249-2015, SEC. 25, eff. 7/1/2015.Added by P.L. 234-2013, SEC. 10, eff. 7/1/2013.