Sec. 4. A municipality that has established a cumulative building and sinking fund may levy a tax in compliance with IC 6-1.1-41 not to exceed one dollar ($1) on each one hundred dollars ($100) of taxable property in the municipality.
[Pre-Local Government Recodification Citation: 18-6-6-4 part.]
As added by Acts 1981, P.L.309, SEC.100. Amended by P.L.17-1995, SEC.38.
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