Rate of tax; use of revenues
Sec. 3. The total tax rate to be imposed on each one hundred
dollars ($100) of the assessed value of property shall be determined
in the manner provided by law. Property tax revenues shall be used
for state expenditures and for the support of the political subdivisions
of this state.
(Formerly: Acts 1975, P.L.47, SEC.1.)
Last modified: May 28, 2006