Revenue from special purpose rate treated as additional revenue; may not reduce levy limit or approved rate

Ind. Code § 6-3.6-7-5
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 5. 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. As added by P.L.243-2015, SEC.10.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements