Application of property tax levy limits to certain port authority
expenses
Sec. 9.5. (a) This section applies to civil taxing units located in a
county having a population of more than one hundred ten thousand
(110,000) but less than one hundred fifteen thousand (115,000).
(b) The ad valorem property tax levy limits imposed by section 3
of this chapter do not apply to ad valorem property taxes imposed by
a civil taxing unit under IC 8-10-5-17. For purposes of computing the
ad valorem property tax levy limit imposed on a civil taxing unit
under section 3 of this chapter, the civil taxing unit's ad valorem
property tax levy for a particular calendar year does not include that
part of the levy imposed under IC 8-10-5-17.
As added by P.L.24-1984, SEC.5. Amended by P.L.12-1992, SEC.19;
P.L.170-2002, SEC.20.
Last modified: May 28, 2006