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Indiana Code — Title 6 (Taxation)

IC 6-3.6-5-2

Treatment of tax as property taxes; credit may not reduce levy

Official textiga.in.govlast amended

limit or approved rate
Sec. 2. A tax imposed under this chapter shall be treated as property taxes for all purposes. However, the department of local government finance may not reduce:

# (1)

any taxing unit's maximum permissible property tax levy limit under IC 6-1.1-18.5;
or

# (2)

the approved property tax levy or rate for any fund;
by the amount of any credits granted under this chapter.
As added by P.L.243-2015, SEC.10.

Amendment history

As added by P.L.243-2015, SEC.10.

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Nearby sections (25 sections)
  1. 6-3.6-3-6 · Local income tax council; allocation of votes; county with a
  2. 6-3.6-3-7 · Local income tax council; procedures for proposal of an
  3. 6-3.6-3-7.5 · County council hearing requirements for ordinances;…
  4. 6-3.6-3-8 · Local income tax council; resolution to propose an…
  5. 6-3.6-3-9 · Local income tax council; voting by resolution
  6. 6-3.6-3-9.5 · Local income tax council that is a county with a single…
  7. 6-3.6-3-10 · Local income tax council; may not adopt more than one
  8. 6-3.6-3-11 · Expired
  9. 6-3.6-4-1 · Imposition of tax; rate of tax
  10. 6-3.6-4-2 · Tax rates; adoption; increasing; decreasing; rescinding
  11. 6-3.6-4-3 · Tax rates; limitations; bonds or leases payable from former
  12. 6-3.6-5-1 · Imposition of tax
  13. 6-3.6-5-2 · Treatment of tax as property taxes; credit may not reduce…
  14. 6-3.6-5-3 · Adoption of ordinance; imposition of tax; findings and
  15. 6-3.6-5-4 · Credit; reduction in property taxes
  16. 6-3.6-5-5 · Assistance in calculating credit percentage; department of…
  17. 6-3.6-5-6 · Rate of tax; property tax credit; allocation categories;…
  18. 6-3.6-5-7 · Chapter expiration
  19. 6-3.6-6-0.5 · "Nonmunicipal civil taxing unit"
  20. 6-3.6-6-1 · Imposition of tax
  21. 6-3.6-6-2 · Rate of tax
  22. 6-3.6-6-2.5 · Tax rate for a PSAP in certain counties; adoption of…
  23. 6-3.6-6-2.6 · Tax rate for acute care hospital; adoption of ordinance by
  24. 6-3.6-6-2.7 · Tax rate for correctional and rehabilitation facilities;…
  25. 6-3.6-6-2.8 · Tax rate for emergency medical services; adoption of
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