Ind. Code § 36-6-9-5
Townships required to adopt plan
Redline — January 1, 2023 → current.View current text →
Current — January 1, 2025
As of January 1, 2023
Sec. 5. This chapter applies to a township if the total amount of funds in a township's capital improvement funds exceeds:
Sec. 5. (a) Before July 1, 2025, this chapter applies to a township if the total amount of funds in a township's capital improvement funds exceeds:
(1) one hundred fifty percent (150%) of the township's total annual budget estimate prepared under IC 6-1.1-17-2 for the ensuing year; and
(1) one hundred fifty percent (150%) of the township's total annual budget estimate prepared under IC 6-1.1-17-2 for the ensuing year; and
(2) two hundred thousand dollars ($200,000).
(2) two hundred thousand dollars ($200,000).
(b) After June 30, 2025, this chapter applies to all townships.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.