Indiana Code - Taxation - Title 6, Section 6-1.1-20-3.3

Applicability of other statutes to imposition of property taxes

Sec. 3.3. Notwithstanding any other law, a political subdivision
may issue or enter into obligations under any statute that requires or
permits the imposition of property taxes to pay debt service or lease
rentals without pledging to impose property taxes, if necessary, to
pay the debt service or lease rentals. If the proper officers of a
political subdivision determine to use revenues other than property
taxes to pay obligations without pledging to impose property taxes
for that purpose, provisions of any other statute relating to
controlling property taxes do not apply to the issuance of or entering
into the obligations.

As added by P.L.25-1995, SEC.50.

Last modified: May 28, 2006