Indiana Code — Title 6 (Taxation)
IC 6-3.6-6-14
Calculation of allocation of certified shares among civil taxing
units
Note: This version of section effective until 7-1-2027. See also following repeal of this section, effective 7-1-2027.
Sec. 14. (a) This section applies to an allocation of certified shares in a county other than
Marion County.
(b) Subject to this chapter, certified shares must be allocated among civil taxing units based on the attributed allocation amount.
(c) The amount of certified shares to be allocated to each civil taxing unit is equal to:
# (1)
the total amount of the certified distribution that is allocated to certified shares for the county for the month; multiplied by
# (2)
the quotient of:
# (A)
the attributed allocation amount for the civil taxing unit in the county during the calendar year; divided by
# (B)
the sum of the attributed allocation amounts for all civil taxing units in the county during the calendar year.
As added by P.L.243-2015, SEC.10.
Amendment history
As added by P.L.243-2015, SEC.10.
Source: view the official text
Nearby sections (25 sections)
- 6-3.6-6-5 · Allocations; pledge for payment of bonds or leases
- 6-3.6-6-6 · Repealed
- 6-3.6-6-6.1 · Revenue for certain cities and towns; allocation; request…
- 6-3.6-6-7 · Repealed
- 6-3.6-6-8 · Allocation of certified distribution; allocation of revenue…
- 6-3.6-6-8.5 · Marion County; allocation of additional revenue to fund
- 6-3.6-6-9 · Allocation of revenue for economic development; amount of
- 6-3.6-6-9.5 · Capital improvement plan; revenue allocated for economic
- 6-3.6-6-10 · Allocation of additional revenue allocated for certified…
- 6-3.6-6-11 · Eligibility for allocation of certified shares; civil…
- 6-3.6-6-12 · Allocation amount of certified shares; civil taxing units
- 6-3.6-6-13 · Repealed
- 6-3.6-6-14 · Calculation of allocation of certified shares among civil…
- 6-3.6-6-15 · Adjustment of allocation or distribution of certified…
- 6-3.6-6-16 · Marion County; certified shares; supplemental allocation…
- 6-3.6-6-17 · Certified shares; uses
- 6-3.6-6-18 · Pledge of certified shares; payment of bonds; lease…
- 6-3.6-6-19 · Authorization for a civil taxing unit to distribute its…
- 6-3.6-6-20 · Allocation or distribution of revenue made on the basis of
- 6-3.6-6-21 · Ability to contribute certified shares to regional…
- 6-3.6-6-21.2 · School corporation allocation of local income tax…
- 6-3.6-6-21.3 · Allocation and distribution of certain revenue; merger of
- 6-3.6-6-22 · Municipal tax rate; applicability
- 6-3.6-6-23 · Determination of population for cities and towns
- 6-3.6-7-1 · Legislative findings; policy