Findings of general assembly

Official textiga.in.govlast amended 2009

Sec. 2. The general assembly finds that:

# (1)

distributions of property tax revenue for 2008 and 2009 to the city of LaPorte either:

# (A)

have not been made; or

# (B)

have been delayed by more than sixty (60) days after either due date specified in IC 6-1.1-22-9;
as a result of a state ordered reassessment of property in the county; and

# (2)

the city is having severe difficulty carrying out the governmental functions committed to it by law as a result of the delay in the distribution of tax revenue to the city.
As added by P.L.182-2009(ss), SEC.153.

Amendment history

As added by P.L.182-2009(ss), SEC.153.

Source: view the official text

Nearby sections (25 sections)

6-1.1-20.6-8 · Exemption from filing requirement
6-1.1-20.6-8.5 · Additional credit for certain homesteads; eligibility…
6-1.1-20.6-9 · Repealed
6-1.1-20.6-9.5 · Effect of credit on revenues
6-1.1-20.6-9.8 · Allocation of taxes exempted from credit
6-1.1-20.6-9.9 · Allocation of credits by eligible school corporations
6-1.1-20.6-10 · Payment of debt service obligations
6-1.1-20.6-11 · Report; effect of circuit breaker on taxing unit…
6-1.1-20.6-11.1 · Department of local government finance estimates of…
6-1.1-20.6-12 · Application of credit of excise tax distribution…
6-1.1-20.6-13 · Allocation of credits by distressed political…
6-1.1-21.1-1 · "Board"
6-1.1-21.1-2 · Findings of general assembly
6-1.1-21.1-3 · City may apply to board for loan
6-1.1-21.1-4 · Board determines terms of any loan after review by budget
6-1.1-21.1-5 · Interest on loan
6-1.1-21.1-6 · Limit on amount of loan
6-1.1-21.1-7 · Term of loan repayment; penalty
6-1.1-21.1-8 · Disbursement of loan proceeds by board
6-1.1-21.1-9 · Repayment of loan by city from any revenue sources
6-1.1-21.1-10 · Obligation to repay loan not basis to obtain excessive…
6-1.1-21.1-11 · Deposit by board of loan payments
6-1.1-21.1-12 · Loan proceeds received not considered part of levy…
6-1.1-21.1-13 · Chapter constitutes complete authority for loans
6-1.1-21.1-14 · Treasurer of state payment of delinquent loan payments…

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