Ind. Code § 20-46-8-8
Repealed
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Note: This version of section effective until 1-1-2019. See also following repeal of this section, effective 1-1-2019.
Sec. 8. (a) A school corporation described in IC 36-10-14-1 may impose a levy to provide funding for public playgrounds.
(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 public playgrounds under IC 36-10-14 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.
[Repealed.]
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.