Exemption from levy limits; major bridge fund
Sec. 9. 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 8-16-3.1. 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 8-16-3.1.
As added by P.L.73-1983, SEC.1.
Last modified: May 28, 2006