Sec. 100. To provide money for a cumulative drainage fund established under section 99 of this chapter, the fiscal body may levy a tax in compliance with IC 6-1.1-41 not to exceed five cents ($0.05) on each one hundred dollars ($100) of assessed valuation of all taxable personal and real property:
(1) within the corporate boundaries, in the case of a municipality; or
(2) within the county but outside the corporate boundaries of all municipalities, in the case of a county.
[Pre-Local Government Recodification Citation: 19-4-10.1-4 part.]
As added by Acts 1981, P.L.309, SEC.101. Amended by P.L.206-1984, SEC.10; P.L.17-1995, SEC.40; P.L.6-1997, SEC.225.