Ind. Code § 6-3.6-7-5

Current through P.L. 171-2024

Section 6-3.6-7-5 - Revenue from special purpose rate treated as additional revenue; may not reduce levy limit or approved rate

Revenue raised from a tax imposed under this chapter shall be treated as additional revenue and may not be considered by the department of local government finance in determining:

(1) any taxing unit's maximum permissible property tax levy limit under IC 6-1.1-18.5; or

(2) the approved property tax rate for any fund.

IC 6-3.6-7-5

Added by P.L. 243-2015, SEC. 10, eff. 7/1/2015.