Note: This version of section effective until 7-1-2019. See also following repeal of this chapter, effective 7-1-2019.
Sec. 5. A school corporation may petition the department of local government finance to impose a property tax to raise revenue for the purposes of the fund. However, before a school corporation may impose a property tax under this chapter, the school corporation must file a petition with the department of local government finance under IC 6-1.1-19. The petition must be filed before June 1 of the year preceding the first year the school corporation desires to impose the property tax and must include the following:
(1) The name of the school corporation.
(2) A settlement agreement among the parties to a desegregation lawsuit that includes the program that will improve or maintain racial balance in the school corporation.
(3) The proposed levy.
(4) Any other item required by the department of local government finance.
[Pre-2006 Recodification Citation: 6-1.1-19-10(c).]
As added by P.L.2-2006, SEC.169. Amended by P.L.182-2009(ss), SEC.346.