Statutes, codes, and regulations
Indiana Code
Title 6 - TAXATIONArticle 1.1 - PROPERTY TAXES
Chapter 22.1 - LOANS TO QUALIFIED TAXING UNITS IN LAKE COUNTY SEC. 1. AS USED IN THIS CHAPTER, "BOARD" REFERS TO THE STATE BOARD OF FINANCE
Section 6-1.1-22.1-12 - Loan proceeds; not considered part of ad valorem property tax levy actually collected

Ind. Code § 6-1.1-22.1-12

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Current through P.L. 171-2024
Section 6-1.1-22.1-12 - Loan proceeds; not considered part of ad valorem property tax levy actually collected

The proceeds of a loan under this chapter received by an eligible taxing unit are not considered to be part of the ad valorem property tax levy actually collected by the qualified taxing unit for taxes first due and payable during a particular calendar year for the purpose of calculating levy excess.

IC 6-1.1-22.1-12

Added by P.L. 236-2023,SEC. 43, eff. 7/1/2023.