Indiana Code — Title 6 (Taxation)
IC 6-3.6-10-6
Pledge of revenues; enforceability; covenant by the general
assembly
Note: This version of section effective 1-1-2028. See also preceding version of this section, effective until 1-1-2028.
Sec. 6.
# (a)
A pledge of revenues from a tax imposed under IC 6-3.6-6 or IC 6-3.6-7 (but not IC 6-3.6-5 before its expiration) is enforceable in accordance with IC 5-1-14.
# (b)
With respect to obligations for which a pledge has been made under IC 6-3.6-6 or
IC 6-3.6-7 (but not IC 6-3.6-5 before its expiration), the general assembly covenants with the county and the purchasers or owners of those obligations that this article will not be repealed or amended in any manner that will adversely affect the tax collected under this article as long as the principal of or interest on those obligations is unpaid.
As added by P.L.243-2015, SEC.10. Amended by P.L.68-2025, SEC.177.
Amendment history
As added by P.L.243-2015, SEC.10. Amended by P.L.68-2025, SEC.177.
Source: view the official text
Nearby sections (25 sections)
- 6-3.6-9-17 · Special distribution; permitted expenditures
- 6-3.6-9-17.5 · Certified distribution; accounting and transfer…
- 6-3.6-9-17.6 · General fund funds restrictions; reserve account;…
- 6-3.6-9-18 · Expired
- 6-3.6-9-19 · Annual report to each county
- 6-3.6-9-20 · State and local income tax holding account
- 6-3.6-9-21 · Budget agency accounting for each county based on annual…
- 6-3.6-10-1 · Scope of chapter
- 6-3.6-10-2 · Economic development purposes; use of revenue
- 6-3.6-10-3 · Issuance of bonds for economic development projects;
- 6-3.6-10-4 · Lease of property for economic development projects;
- 6-3.6-10-5 · Issuance and sale of obligations of civil taxing unit or…
- 6-3.6-10-6 · Pledge of revenues; enforceability; covenant by the general
- 6-3.6-10-7 · Regional venture capital fund; deposit of revenue…
- 6-3.6-10-8 · Local venture capital fund; deposit of revenue allocated…
- 6-3.6-10-9 · Limitations on bonds, leases, or other obligations incurred
- 6-3.6-11-1 · Applicability; use of former tax to provide levy freeze;…
- 6-3.6-11-1.5 · Marion County; transfers to bid fund of capital…
- 6-3.6-11-2 · Repealed
- 6-3.6-11-3 · Lake County; former tax categorized under property tax…
- 6-3.6-11-4 · Revenue dedicated to public safety; used for funding of
- 6-3.6-11-5 · Marion County's allocation of tax revenue
- 6-3.6-11-5.5 · Lake County; rail project; additional revenue allocated…
- 6-3.6-11-5.7 · Lake County municipalities; authorization to support and
- 6-3.6-11-6 · Member counties and municipalities of the northwest Indiana