Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027.
Sec. 4. (a) Except for a tax rate that has an expiration date, and except as provided in section 3(f) of this chapter (before its expiration), a tax rate remains in effect until the effective date of an ordinance that increases, decreases, or rescinds that tax rate.
(b) A tax rate may not be changed more than once each year under this article.