Ind. Code § 20-46-8-7

Note: This version of section effective until 1-1-2019. See also following repeal of this section, effective 1-1-2019.

Sec. 7. (a) A school corporation in a county having a population of more than two hundred fifty thousand (250,000) but less than two hundred seventy thousand (270,000) may impose a levy to provide funding for a historical society.

(b) For property taxes first due and payable in 2019, a school corporation's levy under this section may not exceed an amount equal to:

(1) the school corporation's levy for a historical society under IC 36-10-13 in 2018; multiplied by

(2) the assessed value growth quotient determined under IC 6-1.1-18.5-2.

(c) For property taxes first due and payable after 2019, a school corporation's levy under this section may not exceed an amount equal to:

(1) the school corporation's maximum permissible levy under this section for the preceding year; multiplied by

(2) the assessed value growth quotient determined under IC 6-1.1-18.5-2.