Indiana Code — Title 6 (Taxation)
IC 6-1.1-47-2
Adoption of ordinance
Sec. 2.
# (a)
A county fiscal body of a county in which a transferring entity is authorized to operate may adopt an ordinance to have this chapter apply in the county.
# (b)
An ordinance adopted under this section must specify the percentage of property tax revenue that is to be allocated to transferring entities under this chapter. The percentage must be at least twenty-five percent (25%) and at most fifty percent (50%).
# (c)
If a county fiscal body wishes to adopt an ordinance under this section, the county fiscal officer shall, in addition to any other notices required for the adoption of an ordinance, issue a notice to the fiscal officer of each taxing unit that would be affected by the adoption of the ordinance at least twenty-one (21) days before the date on which the county fiscal body intends to hold a hearing on the proposed ordinance.
# (d)
After the county fiscal body hears the public testimony on the proposed ordinance, the county fiscal body may adopt an ordinance to have this chapter apply in the county.
As added by P.L.110-2017, SEC.2.
Amendment history
As added by P.L.110-2017, SEC.2.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-46.2-2 · "District board"
- 6-1.1-46.2-3 · "Eligible vacant building"
- 6-1.1-46.2-4 · Application for deduction; district board; statement of
- 6-1.1-46.2-5 · Form; application and statement of benefits; public…
- 6-1.1-46.2-6 · District board review of application; resolution to…
- 6-1.1-46.2-7 · Entitlement to deduction; eligible vacant building used…
- 6-1.1-46.2-8 · Abatement schedule; duration
- 6-1.1-46.2-9 · Amount of deduction
- 6-1.1-46.2-10 · Process to claim deduction; compliance information
- 6-1.1-46.2-11 · Failure to comply with statement of benefits; hearing;
- 6-1.1-46.2-12 · Fee for filing an application; standards for granting a
- 6-1.1-47-1 · Definitions
- 6-1.1-47-2 · Adoption of ordinance
- 6-1.1-47-3 · Change of allocation percentage
- 6-1.1-47-4 · Rescission of ordinance
- 6-1.1-47-5 · Effective dates of ordinances
- 6-1.1-47-6 · Annual reports to county auditor
- 6-1.1-47-7 · Allocation of property taxes
- 6-1.1-48-1 · "Agricultural products"
- 6-1.1-48-2 · "Beginning farmer"
- 6-1.1-48-3 · "Designating body"
- 6-1.1-48-4 · "Limited resource farmer"
- 6-1.1-48-5 · "Municipality"
- 6-1.1-48-6 · "Municipally owned utility"
- 6-1.1-48-7 · "Partner organization"