Application
Sec. 1. (a) This chapter applies only to a county having a
population of more than one hundred forty-eight thousand (148,000)
but less than one hundred seventy thousand (170,000).
(b) A county described in subsection (a) is presented with unique
challenges due to:
(1) the presence of multiple business facilities of the high
impact business within the corporate boundaries of the largest
city in the county and in unincorporated areas of the county;
(2) the proportion of property taxes paid by the high impact
business to all property taxes paid in the county;
(3) continued economic pressures on the high impact business
to reduce its property taxes by relocating to another location
outside Indiana;
(4) the desire of local elected officials to encourage the high
impact business to retain manufacturing operations within the
county; and
(5) the limited availability of other incentives to encourage the
high impact business to retain manufacturing operations within
the county.
As added by P.L.146-2002, SEC.1.
Last modified: May 28, 2006