Notice of proposal; hearing
Sec. 3. (a) A political subdivision that decides to establish a fund
under this chapter must:
(1) give notice of the proposal to the affected taxpayers; and
(2) hold a public hearing on the proposal;
before presenting the proposal to the department of local government
finance for approval.
(b) Notice of the proposal and of the public hearing shall be given
by publication in accordance with IC 5-3-1.
(c) For a cumulative fund authorized under IC 3-11-6 or
IC 8-10-5-17, the political subdivision imposing a property tax levy
shall post a notice of the proposal and the public hearing in three (3)
public places in the political subdivision.
(d) A notice required by this section must describe the tax levy
that will be imposed for the fund.
As added by P.L.17-1995, SEC.6. Amended by P.L.90-2002,
SEC.274.
Last modified: May 28, 2006