Indiana Code - Taxation - Title 6, Section 6-1.1-20.4-9

Limitations on recovering lost revenue

Sec. 9. The application of the credit under this chapter results in
a reduction of the property tax collections of the political subdivision
which provided the credit. A political subdivision may not increase
its property tax levy to make up for that reduction.

As added by P.L.246-2005, SEC.61.

Last modified: May 28, 2006