Note: This version of section effective until 7-1-2027. See also following version of this section, effective 7-1-2027.
Sec. 2. (a) This section applies to all counties.
(b) The adopting body may impose a tax rate under this chapter that does not exceed:
(1) two and five-tenths percent (2.5%) in all counties other than Marion County; and
(2) two and seventy-five hundredths percent (2.75%) in Marion County;
on the adjusted gross income of local taxpayers in the county served by the adopting body.