36-1-1.5-13. Adjustment of maximum property tax levies

IN Code § 36-1-1.5-13 (2019) (N/A)
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Sec. 13. The department of local government finance shall adjust the maximum permissible ad valorem property tax levies of the:

(1) transferor township; and

(2) township to which territory is transferred under this chapter;

as the department of local government finance determines is necessary to reflect the transfer of the territory.

As added by P.L.234-2013, SEC.10.