Freeze of tax rate; adoption, duration, and rescission of ordinance
Sec. 11. (a) The county income tax council of any county may
adopt an ordinance to permanently freeze the county option income
tax rates at the rate in effect for its county on January 1 of a year.
(b) To freeze the county option income tax rates a county income
tax council must, after January 1 but before April 1 of a year, adopt
an ordinance. The ordinance must substantially state the following:
"The __________ County Income Tax Council permanently
freezes the county option income tax rates at the rate in effect
on January 1 of the current year.".
(c) An ordinance adopted under the authority of this section
remains in effect until rescinded. The county income tax council may
rescind such an ordinance after January 1 but before April 1 of any
calendar year. Such an ordinance shall take effect July 1 of that same
calendar year.
(d) If a county income tax council rescinds an ordinance as
adopted under this section the county option income tax rate shall
automatically increase by one-tenth of one percent (0.01%) until:
(1) the tax rate is again frozen under another ordinance adopted
under this section; or
(2) the tax rate equals six tenths of one percent (0.6%) (if the
frozen tax rate equaled an amount less than six tenths of one
percent (0.6%)) or one percent (1%) (if the frozen tax rate
equaled an amount in excess of six tenths of one percent
(0.6%)).
(e) The county auditor shall record any vote taken on an ordinance
proposed under the authority of this section and immediately send a
certified copy of the results to the department by certified mail.
As added by P.L.44-1984, SEC.14. Amended by P.L.35-1990,
SEC.18.
Last modified: May 28, 2006