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Indiana Code — Title 6 (Taxation)

IC 6-1.1-18.5-20

Exemption from levy limits; local airport authorities

Official textiga.in.govlast amended

Sec. 20.

# (a)

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 local airport authority under IC 8-22-3-25 for a cumulative building fund.

# (b)

For purposes of computing the ad valorem property tax levy limits imposed on a civil taxing unit by section 3 of this chapter, a local airport authority's ad valorem property tax levy for a calendar year does not include that part of its levy that is levied under IC 8-22-3-25 for a cumulative building fund.
As added by P.L.19-1994, SEC.2.

Amendment history

As added by P.L.19-1994, SEC.2.

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Nearby sections (25 sections)
  1. 6-1.1-18.5-13.5 · Repealed
  2. 6-1.1-18.5-13.6 · Repealed
  3. 6-1.1-18.5-13.7 · Adjustment of certain maximum levies
  4. 6-1.1-18.5-13.8 · Expired
  5. 6-1.1-18.5-13.9 · Expired
  6. 6-1.1-18.5-14 · Department of local government finance correction of…
  7. 6-1.1-18.5-15 · Judicial review of department of local government…
  8. 6-1.1-18.5-16 · Civil taxing unit appeal to department of local…
  9. 6-1.1-18.5-17 · Civil taxing unit levy excess fund; use of fund
  10. 6-1.1-18.5-18 · Repealed
  11. 6-1.1-18.5-19 · Levy limit on taxes for township firefighting fund
  12. 6-1.1-18.5-19.1 · Expired
  13. 6-1.1-18.5-20 · Exemption from levy limits; local airport authorities
  14. 6-1.1-18.5-21 · Civil taxing unit's determination that levy limits do…
  15. 6-1.1-18.5-22.3 · Expired
  16. 6-1.1-18.5-22.5 · Gary sanitary district
  17. 6-1.1-18.5-23 · Adjustment of certain maximum levies
  18. 6-1.1-18.5-23.2 · Green Township in Hancock County; petition to increase
  19. 6-1.1-18.5-24 · Department of local government finance estimates of…
  20. 6-1.1-18.5-25 · Levy limit applicable to municipalities with certain…
  21. 6-1.1-18.5-26 · Expired
  22. 6-1.1-18.5-27 · Town of Winfield; maximum levies
  23. 6-1.1-18.5-28 · Sugar Creek Township Fire Protection District; maximum
  24. 6-1.1-18.5-29 · Otter Creek Township; maximum levies
  25. 6-1.1-18.5-30 · Howard County; maximum levies
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